EMPIRE STATE REALTY TRUST

- USD (-)

- 15 min delayed data - NYSE Stocks

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Change:	-
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Type:	Stocks
Ticker:	ESRT
ISIN:

EMPIRE STATE REALTY TRUST - Daily - Technical analysis published on 09/27/2019 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Court terme: Strongly bullish

De fond: Slightly bearish

Technical indicators

39%

33%

28%

My opinion

Bullish above 13.81 USD

My targets

14.62 USD (+3.10%)

14.92 USD (+5.22%)

My analysis

The current short-term bullish trend is expected to quickly reset the neutral or bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for EMPIRE STATE REALTY TRUST as long as the price remains well above 13.81 USD. The buyers” bullish objective is set at 14.62 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 14.92 USD. If there is any crossing, the next objective would be the resistance located at 15.29 USD. As the basic trend is not clearly displayed, attention should be paid to the price reaction to the resistance at 14.62 USD. On this resistance, against the trend traders who would like to go short on EMPIRE STATE REALTY TRUST with a bearish signal from their trading strategy, should not hesitate to act.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.

FORCE

0.9

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The EMPIRE STATE REALTY TRUST rating is 14.18 USD. On the day, this instrument gained +0.71% and was between 14.09 USD and 14.23 USD. This implies that the price is at +0.64% from its lowest and at -0.35% from its highest.

14.09

14.23

14.18

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows an item:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of EMPIRE STATE REALTY TRUST in Daily shows an overall slightly bearish trend. 53.57% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages indicate that this slightly bearish trend could quickly be reversed. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 7 are bullish, 5 are neutral and 6 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	13.02	13.33	13.81	14.18	14.62	14.92	15.29
Change (%)	-8.18%	-5.99%	-2.61%	-	+3.10%	+5.22%	+7.83%
Change	-1.16	-0.85	-0.37	-	+0.44	+0.74	+1.11
Level	Intermediate	Intermediate	Major	-	Major	Major	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13.70	13.81	13.94	14.05	14.18	14.29	14.42
Camarilla	14.01	14.04	14.06	14.08	14.10	14.12	14.15
Woodie	13.72	13.82	13.96	14.06	14.20	14.30	14.44
Fibonacci	13.81	13.90	13.96	14.05	14.14	14.20	14.29

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13.34	13.61	13.81	14.08	14.28	14.55	14.75
Camarilla	13.89	13.93	13.98	14.02	14.06	14.11	14.15
Woodie	13.32	13.59	13.79	14.06	14.26	14.53	14.73
Fibonacci	13.61	13.79	13.90	14.08	14.26	14.37	14.55

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11.79	12.24	13.10	13.54	14.40	14.85	15.71
Camarilla	13.60	13.72	13.84	13.96	14.08	14.20	14.31
Woodie	12.00	12.34	13.30	13.64	14.61	14.95	15.91
Fibonacci	12.24	12.73	13.04	13.54	14.04	14.35	14.85

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	54.99
MACD (12,26,9):	0.0700
Directional Movement:	3.77
AROON (14):	-57.14
DEMA (21):	14.13
Parabolic SAR (0,02-0,02-0,2):	14.39
Elder Ray (13):	0.09
Super Trend (3,10):	13.89
Zig ZAG (10):	14.18
VORTEX (21):	1.1000
Stochastique (14,3,5):	25.12
TEMA (21):	14.22
Williams %R (14):	-64.76
Chande Momentum Oscillator (20):	-0.46
Repulse (5,40,3):	0.2700
ROCnROLL:	1
TRIX (15,9):	0.1300
Courbe Coppock:	0.11

MA7:	14.03
MA20:	14.12
MA50:	13.80
MA100:	14.48
MAexp7:	14.08
MAexp20:	14.03
MAexp50:	14.05
MAexp100:	14.33
Price / MA7:	+1.07%
Price / MA20:	+0.42%
Price / MA50:	+2.75%
Price / MA100:	-2.07%
Price / MAexp7:	+0.71%
Price / MAexp20:	+1.07%
Price / MAexp50:	+0.93%
Price / MAexp100:	-1.05%

News

Don"t forget to follow the news on EMPIRE STATE REALTY TRUST. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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