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Archive - 11/28/2025 - Sign In to see current Signals. |
Essex Property Trust Inc (ESS) Technical Analysis
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| Summary:
| | Weekly :   | | Daily : Move cursor over the icon to see details.
| | It was a second consecutive positive week for the Essex Property Trust Inc (ESS). During the week, the ESS climbed 2.42 points, or 0.93%, and closed at 263.62 on Friday, November 28, 2025. Weekly volume was -31% below average. ESS is a member of Real Estate Sector. Real Estate is the second most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
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 196.33 and resistance is at 313.52. 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 July 23, 2025 at 294.09 and reached 243.25 on October 30, 2025. ESS lost 50.84 points, or 17.29%, in 14 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (240.55) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. ESS may retest the broken resistance line. It is considered to be a support line now. 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 resistance line in a medium-term trend.
Weekly Technical Indicators: [See ESS weekly technical indicators chart] Weekly technical indicators are neutral. During the last week, weekly MACD line has moved above its signal line. Such crossover is considered a bullish signal. 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 price is now at the 5.03% retracement level.
Daily Technical Indicators: [See ESS daily technical indicators chart] Daily Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range and Lane's Stochastic. 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 links to access Lane's Stochastic and Williams' Percentage Range help. The daily MACD line is above its signal line since November 19, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term uptrend is getting stronger.
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