|
|
Archive - 1/9/2026 - Sign In to see current Signals. |
Essex Property Trust Inc (ESS) Technical Analysis
|
 |
| Summary:
| | | Weekly : | | Daily :   Move cursor over the icon to see details.
| | It was the negative week for the Essex Property Trust Inc (ESS). During the week, the ESS dropped -5.87 points, or -2.29%, and closed at 251.02 on Friday, January 9, 2026. Weekly volume was 46% above average.
Long-term trend: [See ESS long-term trend chart] A long-term downtrend had started on September 17, 2024 at 317.73 and reached 243.25 on October 30, 2025. ESS lost 74.48 points, or 23.44%, in 58 weeks. The chart has formed a Broadening Right-Angled, Descending Wedge chart pattern. The trend support level is at 236.91 and resistance is at 313.21. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Right-Angled, Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Descending Wedge pattern in a long-term trend.
Medium-term trend: [See ESS medium-term trend chart] A medium-term downtrend had started on March 4, 2025 at 316.30 and reached 243.25 on October 30, 2025. ESS lost 73.05 points, or 23.10%, in 34 weeks. The chart has formed a Descending Triangle chart pattern. The trend support level is at 243.03 and resistance is at 267.07. A Descending Triangle is a variation of triangle formation that has a flat support line and falling resistance line. The lower highs indicate the decreasing demand and give the descending triangle definitive bearish bias. A Descending Triangle usually represents a distribution stage in bearish market. A Descending Triangle is considered to be a continuation pattern, especially in a down trend, but it may also mark a reversal in an uptrend. Use the following link to access a Descending Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Descending Triangle pattern in a medium-term trend.
Weekly Technical Indicators: [See ESS weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is above its signal line since November 21, 2025. The distance between MACD and the signal line is low and getting smaller. Use the following link to access a MACD help.
Short-term trend: [See ESS short-term trend chart] A short-term uptrend had started on October 30, 2025 at 243.25 and reached 264.70 on November 28, 2025. ESS gained -21.45 points, or -8.82%, in 29 days. The chart has formed a Ascending Triangle chart pattern. The uptrend support line (256.64) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a short-term trend.
Daily Technical Indicators: [See ESS daily technical indicators chart] Daily technical indicators are neutral. Daily Lane's Stochastic has bullish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.
| |
|
|