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Downtrend Broken Resist.Archive - 12/26/2025 - 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 first positive week for the Essex Property Trust Inc (ESS). During the week, the ESS gained 4.77 points, or 1.85%, and closed at 262.16 on Friday, December 26, 2025. Weekly volume was -19% below 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 238.06 and resistance is at 313.31. 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 243.07 and resistance is at 269.13. 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, but getting bigger. 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 December 9, 2025 at 250.78 and reached 264.12 on December 17, 2025. ESS gained -13.34 points, or -5.32%, in 8 days. The price is now at the 14.69% retracement level.
Daily Technical Indicators: [See ESS daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since December 16, 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. During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band. During the last week, the price has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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