US stock / ETF

Essex Property Trust, Inc

ESS · NYSE · USD

4 hoursBearish61%
4h Downside probability 61%Bearish

ESS 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $274.57 and stabilize above resistance $282.2.

Invalidation Trigger

Break above $282.2 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 38.6, MACD 0.105

4h
Volatility EnvironmentBullish
Low volatility

ATR is $2.01 (0.74%)

4h

EMA Structure

Bearish
EMA 8$273.23Bearish
EMA 21$274.57Bearish
EMA 50$277.87Bearish

Signals

CategoryReadStrength
Momentum
RSI 38.6 · MACD 0.105

Momentum is weak

Strength
Bearish
Volatility
ATR $2.01 · BB 3.32%

Low volatility

Strength
Bullish
Volume
MFI 63.5 · OBV 58.86%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$269.98 - $282.2

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+4.74% · 6.4 ATR above latest close

$284.21
Nearest resistance

+4% · 5.4 ATR above · 34-bar high

$282.2
Current price

Price shown is delayed

$271.34
Nearest support

-0.5% · 0.7 ATR below · 34-bar low

$269.98
Deeper support zone

-1.24% · 1.7 ATR below latest close

$267.97
ATR zone

Latest close ± ATR14

$269.33 - $273.35

Indicators

Trend

Dow Theory Structure

Confirmation $277.21, invalidation $272.78

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

19.5 / 21.3 / 38.0Bearish
Supertrend (10,3)

Price is above Supertrend

$264.89Bullish
Ichimoku Cloud

Cloud Span A / Span B

$274.32 / $282.31Bearish
Donchian Channel (20)

20-period breakout channel position

15%Bearish

Volatility

ATR (14)

Low volatility

$2.01 (0.74%)Bullish
Bollinger Bands (20,2)

Width 3.32%

22%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$278.75 / $270.15Bullish
ATR channel lower / upper

Current Volatility Envelope

$269.33 / $273.35Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$282.2Range
Support

Nearest Downside Decision Level

$269.98Range

Momentum

RSI (14)

Momentum is weak

38.6Bearish
MACD (12,26,9)

Histogram is positive

0.105Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

18.8 / 26.5Bearish
Williams %R (14)

Oversold zone

-81.2Bullish
CCI (20)

Weak expansion

-116.5Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

63.5Bullish
OBV slope

20-period OBV slope

58.86%Bullish
Volume ratio

Relative to 20-period average volume

1.95xBullish

Trend

Dow Theory Structure

Confirmation $277.21, invalidation $272.78

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

19.5 / 21.3 / 38.0Bearish
Supertrend (10,3)

Price is above Supertrend

$264.89Bullish
Ichimoku Cloud

Cloud Span A / Span B

$274.32 / $282.31Bearish
Donchian Channel (20)

20-period breakout channel position

15%Bearish

Momentum

RSI (14)

Momentum is weak

38.6Bearish
MACD (12,26,9)

Histogram is positive

0.105Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

18.8 / 26.5Bearish
Williams %R (14)

Oversold zone

-81.2Bullish
CCI (20)

Weak expansion

-116.5Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Low volatility

$2.01 (0.74%)Bullish
Bollinger Bands (20,2)

Width 3.32%

22%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$278.75 / $270.15Bullish
ATR channel lower / upper

Current Volatility Envelope

$269.33 / $273.35Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

63.5Bullish
OBV slope

20-period OBV slope

58.86%Bullish
Volume ratio

Relative to 20-period average volume

1.95xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$282.2Range
Support

Nearest Downside Decision Level

$269.98Range

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