Uptrend Under Pressure 100
Institutional selling is building — 7 distribution days in the last 25 sessions. Severe risk · 100/100 · 7 distribution days (SPY) Oct 26 Full briefing →
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ESS · Essex Property Trust, Inc.

$275.30 -1.10% Oct 26 close
Detected setup watchlist_candidate · Setup Score 0/100

Stand aside — setup invalidated

Setup score 0, but distribution days reach 5 or more — stand aside until the condition resets.

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$ESS

Essex Property Trust, Inc.

Essex Property Trust, Inc. is a large-cap Real Estate Investment Trusts company in the Finance sector with a market cap of $18B.

Finance Real Estate Investment Trusts stock Stage 2 · Advancing Base 1
$275.30 latest close
Market Structure
Trend structure: range
Latest event: bos (bearish)
Support 263.13–266.65 · 10 touches · strong
Support 268.03–271.76 · 7 touches · strong
Support 258.48–259.48 · 5 touches · strong
Support 247.69–249.46 · 4 touches · moderate
Resistance 290.77–290.90 · 3 touches · moderate
Momentum Turn Watch
Daily Bullish RSI Divergence + MA Price made a lower low ($270.05→$266.65) while RSI made a higher low (35→38). The second low is testing a stable 200-day MA near $268.91.
Daily Bullish MACD Divergence Price made a lower low ($268.05→$266.65) while MACD made a higher low (-2.73→-2.11). The second low is testing a stable 200-day MA near $268.91.
Early technical context only. Wait for price, volume, and the canonical setup trigger to confirm; this signal does not change readiness or the setup score.
Join to Watchlist $ESS Share card
Historical record

No active setup in the latest scan — this page shows the last detection Legend AI made for $ESS. Every level, score and criterion below is computed from the Oct 26 close session (latest session), and may no longer hold.

Historical verdict · setup score 0/100 · data Oct 26 close · latest session

Stand aside — setup invalidated

Setup score 0, but distribution days reach 5 or more — stand aside until the condition resets.

Review six verdicts Inspect chart
Recent price action · daily
$280$300AugSepOct$275

What would change this verdict

What needs to turn for this to become buyable — the top failing checks across the legend council:

  • Minervini 1.5 Price > 50-day MA — Price $275.30 vs MA50 $275.91
  • Minervini 1.8 RS rank ≥ 70 (prefer ≥ 85) — RS rank 36
  • O'Neil L: RS rank ≥ 80 (IBD leadership) — RS rank 36
  • O'Neil C: Quarterly EPS acceleration ≥ 25%
  • Weinstein Relative strength ≥ 60 — RS 36
  • Weinstein Stage 1→2 breakout on expanding volume
Minority view — the council disagrees here
  • Minervini: avoid Trend-template read: fails Price > 50-day MA.
  • O'Neil: avoid CANSLIM read: fails C: Quarterly EPS acceleration ≥ 25%.
  • Weinstein: watch Stage-analysis read: Stage 2 is present; 3 supporting checks need improvement.
48 Weak
Legend Score · rates the stock Weak (48/100) — held back by quality (smr-like)

Our proprietary 0-100 rating — the answer to Wall Street's black-box scores. Five pillars, each computed from real scan data, each explained below in plain English.

  • Relative Strength (25%) 36
  • Trend Template (25%) 62
  • Institutional Footprint (20%) 56
  • EPS Growth (15%) 50
  • Quality (SMR-like) (15%) 30

RS rank 36: lagging the market — leaders don't look like this. Trend template 5/8: mixed — some uptrend elements, some missing. Institutional score 56: neutral — no clear institutional conviction. No recent earnings growth data — scored neutral. Quality 30: weak fundamentals (sales growth 30). Updated 2026-10-27.

Earnings

Pre-earnings setup

Next earnings Tuesday, October 27, 2026 After market close Exact clock time not supplied by source

Deterministic evidence

ESS-1.10%
Sector proxy · XLF+0.21%
Broad market · SPY+0.71%
Same completed session window ending 2026-10-26. ESS was -1.31 points vs XLF. -1.81 points vs SPY.
CatalystPending Stock reactionNegative Sector reactionWeak Opening surgePending Event riskEarnings-driven

Session internals Weak

Rule: closed flat-to-down and in the bottom third of the range. Judged on internals, not on the size of the move.

Vs prior close-1.10% From the open-1.07% Range position2% GapNo gap
QQQ confirmationDiverging (+1.11%) SMH confirmationDiverging (+2.74%)
Short-term conviction -2 points.
  • QQQ, SMH moved against the stock — no index confirmation.
  • A sourced earnings report is still pending inside the risk window; ordinary technical conviction is reduced until it is out.
Price bars, sourced event fields, and benchmark math only. This can adjust displayed short-term conviction; it does not change the stored scanner score or readiness.

Ask a Legend to interpret this evidence → Commentary only — never scanner evidence or a sizing recommendation.

Price $275.30 -1.1% Oct 26 close
52W High $303.35 9.2% below high
Wks Since High 16w 15w today
Base Depth 10.6% 12.3% today
RS Rank 3 percentile of scan
SMA 50 $275.91
Avg Vol 507,102
Rel Vol (Oct 26) 1.12× 0.65× on up days
More stats
52W Low $238.46
Tight Wks 2
Base B1
SMA 200 $269.45
RS Line vs High -11.6%
RS Line Slope +0.3% ▲
Group Rank #45/66
ADR% 1.8%
ATR(14) $5.21 (1.9%)
Vol Pace (live) N/A
A/D Days 11A / 16D
A/D Rating E
VDU Bars 0/10 d
Earnings TODAY
Position in 52-week range 57thpercentile of the 52-week range
$238.46low
$303.35high

ESS Chart

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Technical Analysis Report Card

$ESS · $275.30 · as of 2026-10-26 · multi-factor read
48
/ 100
Technicals 48/100
Reference read from price & volume only — the verdict at the top of the page decides the action.

Trend · Daily / Weekly / Monthly

Daily ▬ Sideways / consolidating
Weekly ▬ Sideways / consolidating
Monthly ▼ Downtrend

Moving Averages

50-day$275.91 ↓
100-day$282.14 ↓
200-day$269.45 ↑
Bullish (50 > 200)

RSI (14)

Reading52.6 · Neutral

Neutral — momentum is balanced between buyers and sellers.

MACD (12/26/9)

StateBullish
Histogram+1.283

Bullish — MACD above its signal line and above zero. Histogram contracting.

Bollinger Bands (20,2)

%B / Width74% · 5.5%

Mid-band — no directional band edge in play.

Volume · Buyer vs Seller

Up/Down vol0.65 · Distribution
Rel volume1.12×
Pocket pivots · 10d0
5d vs 50d vol93%
Heavy vol up / down0 / 0

Distribution — volume is concentrated on down days; sellers dominate. Recent volume is easing versus its baseline.

Support & Resistance

R · $276.85swing level
R · $289.54swing level
R · $296.31swing level
Price · $275.30now
S · $271.66swing level
S · $267.16swing level
S · $238.4652-week low

Fibonacci · Uptrend swing

23.6%$293.94
38.2%$288.12
50.0%$283.42
61.8% ◄ price here$278.72
78.6% ◄ price here$272.02

Retracement support zones measured from the recent swing low up to the high.

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Monthly downtrendAbove 200-day MA50/200 bullishVolume distributionRS 36 (laggard)
Want this read in a legend's voice? Ask a Legend about ESS
Generic technical analysis generated mechanically from price & volume — educational research only, not financial advice or a personalized recommendation. Levels are illustrative; confirm on your own chart. New to these terms? →
Legend Verdicts 6 methodology checks

Who would consider this setup, why it qualifies, and what blocks it — calculated from the same deterministic methodology rules used across Legend AI.
How to read the numbers: the setup score (0/100, in the verdict band) rates this trade setup. Each legend's A–D grade rates the same setup against that legend's own checklist — so a high score next to a C grade is not a contradiction. The setup can be strong without fitting that legend's style. When the council disagrees, the verdict band breaks the tie.

Council consensus: 6 of 9 legends are Watching — building, not yet a confirmed buy.
Minervini Avoid D Trend-template read: fails Price > 50-day MA.
Passing evidence
1.1 Price > 150-day MA AND 200-day MAPrice $275.30, MA150 $274.88, MA200 $269.45
1.2 150-day MA > 200-day MAMA150 $274.88 vs MA200 $269.45
Failing evidence
1.5 Price > 50-day MAPrice $275.30 vs MA50 $275.91
1.8 RS rank ≥ 70 (prefer ≥ 85)RS rank 36
5/11 checks
Method → Playbook → Ask →
O'Neil Avoid D CANSLIM read: fails C: Quarterly EPS acceleration ≥ 25%.
Passing evidence
N: Near 52-week high or RS line new high9.2% below high | RS line new high: False
S: Base tightness (ATR% ≤ 4.5%)ATR% 1.89%
Failing evidence
L: RS rank ≥ 80 (IBD leadership)RS rank 36
C: Quarterly EPS acceleration ≥ 25%Data unavailable
2/8 checks
Method → Playbook → Ask →
Weinstein Watch D Stage-analysis read: Stage 2 is present; 3 supporting checks need improvement.

mediumStage 2 uptrend in progress — hold as long as price stays above the 30-week moving average.

Passing evidence
Stage 2 (Advancing phase) confirmedStage 2 (Advancing)
Price above 30-week MA (200-day proxy)Price $275.30 vs MA200 $269.45
Failing evidence
Relative strength ≥ 60RS 36
Stage 1→2 breakout on expanding volumeNot confirmed
3/6 checks
Method → Playbook → Ask →
dennis Watch C Turtle read: no Donchian signal. The system stays flat until price takes out the 20-day high.
Passing evidence
No breakdown below the 20-day channel20-day low $265.92
Volatility-unit sizing (1N ≈ 1% of equity)1N = $5.09 (1.85% of price); the Turtles size 1 unit so a 1N move ≈ 1% of equity, making the 2N stop ≈ 2% equity risk
Failing evidence
S1: 20-day Donchian breakoutNot confirmed
S2: 55-day Donchian breakoutNot confirmed
5/8 checks
Method → Playbook → Ask →
zanger Avoid D Zanger read: a hard gate is broken — either the pattern is not one of his six, or the entry is more than 5% past the breakout. He would not touch this.
Passing evidence
Partial-profit plan: sell 20-30% at +15-20%Scale 20-30% at $316.59-$330.36; trail the rest
Trail on the 10/20-day MA10-day MA $272.93 · 20-day MA $271.69 — exit the remainder on a close below the trail
Failing evidence
Named Zanger pattern onlywatchlist_candidate is not one of Zanger's six
Breakout volume 1.5-2.0x averageNot confirmed
3/6 checks
Method → Playbook → Ask →
zweig Watch D Zweig read: part of his screen passes but not all: Insider buying; Price strength (RS ≥ 70) — wait for the full growth screen before treating this as a Zweig setup.
Passing evidence
Reasonable price for the growth (P/E ≤ 35)Trailing P/E 26.5x — no PEG or forward P/E stored
Breadth momentum: 10-day A/D ratio10-day A/D 1.17 (2025 adv / 1725 dec) — participation expanding
Failing evidence
Insider buyingNo insider buying flagged
Price strength (RS ≥ 70)RS score 36 — Zweig buys strength, not bargains
3/8 checks
Method → Playbook → Ask →
Livermore Watch B Pivotal-point read: constructive evidence is present, but relative strength is unresolved.
Passing evidence
Price$275.30
Distance from 52-week high9.2% below high
Failing evidence
Relative strengthRS 36
Volume vs average1.12x
3/6 checks
Method → Playbook → Ask →
Darvas Watch B Box-theory read: constructive evidence is present, but relative strength is unresolved.
Passing evidence
Price$275.30
Distance from 52-week high9.2% below high
Failing evidence
Relative strengthRS 36
Volume vs average1.12x
3/6 checks
Method → Playbook → Ask →
Wyckoff Watch B Supply-and-demand read: constructive evidence is present, but relative strength is unresolved.
Passing evidence
Price$275.30
Distance from 52-week high9.2% below high
Failing evidence
Relative strengthRS 36
Volume vs average1.12x
3/6 checks
Method → Playbook → Ask →
Base & Breakout
Breakout follow-through

No active breakout tracked — Legend AI monitors daily for pivot-point breaks. What's a breakout?

Unlock Base & Breakout Tracking
RS Line vs SPY 52-week relative strength · blue = RS line · dashed = MA50 · dot = NH ▲ Rising
94RS Line (52W)
Accumulation / Distribution last 65 sessions · green = acc on high vol · red = dist on high vol Net -2 E
A: 13 D: 15 Net: -265 sessions
Minervini · Grade Card
Fundamentals & leadership quality — Minervini’s published criteria · 2/7 met
C 2/7 criteria
Separate score from the Minervini Trend Template (5/8): the Trend Template grades the price structure, this grades the company & leadership (earnings, sales, margins, RS rank). A stock can ride a clean trend while its fundamentals lag, so the two often differ by design — they are not the same checklist.
✗ EPS acceleration ≥25% QoQ —
✗ Revenue growth ≥20% YoY +6%
✗ Gross margin ≥30% —
✗ ROE ≥17% —
✗ RS rating ≥80 (leadership) 36
✓ Stage 2 uptrend (Weinstein) Stage 2
✓ Within 25% of 52W high -9.2%

Method Playbook

Trade it like Livermore EXACT LEVELS · PRO
Livermore B · Watch — The deterministic methodology check is Watch; wait for the failing or incomplete criteria to improve before the trigger can qualify.
Pivot
Pro level
Published-method rule: Treat the resistance break as a pivotal point only while the primary trend and relative strength remain aligned.
Evidence: Canonical setup geometry is available with Pro.
Entry trigger
Pro level
Published-method rule: Wait for price and volume to confirm the pivotal-point break; anticipation below the line is not confirmation.
Evidence: Canonical setup geometry is available with Pro.
Initial stop
Pro level
Published-method rule: Place the initial stop below the pivotal line or the reaction low that would prove the breakout false.
Evidence: Canonical setup geometry is available with Pro.
Trail
Rule-based
Published-method rule: Raise protection beneath successive higher reaction lows as the trend advances; never move a protective line farther away.
Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Exit / invalidation
Pro level
Published-method rule: Exit when price fails the pivotal line, breaks the latest meaningful reaction low, or shows abnormal reversal action.
Evidence: Canonical setup geometry is available with Pro.
Deterministic educational plan, not a recommendation. No order or stop is changed automatically. Method and sources →

Pattern Analysis (historical)

watchlist_candidate
0 setup score
RS Score 36
Trend template 5/8
Why This Setup?
The Universal Edge Check · context only

What the setup still has going for it, recorded for later. The verdict above stands — these principles do not overrule it.

1/7 universals met
  • A relative-strength leader — not met RS rank 3 — laggard
  • Clear of earnings — not met in 0 days — event risk
  • Risk is defined — not met No stop — undefined risk
  • Asymmetric reward — partly met No target set
  • Not chasing (in range) — partly met Pivot distance unknown
  • Volume confirms — partly met 1.1× average — light
  • In a confirmed uptrend — met Stage 2 · Trend template 5/8
Why these seven? → The Universal Edge

Minervini Trend Template

5/8

Grades the price structure — moving-average stacking, distance from the 52-week high/low, and relative strength above the ≥70 uptrend bar. This is the technical trend check; the company's fundamentals and ≥80 RS leadership are scored separately in the Grade Card.

Price above SMA 150 & 200 $275.30 vs SMA150 $274.88 / SMA200 $269.45
SMA 150 above SMA 200 SMA150 $274.88 vs SMA200 $269.45
SMA 200 trending up Slope +1.30 over 20 days
SMA 50 above SMA 150 & 200 SMA50 $275.91
Price above SMA 50 $275.30 vs SMA50 $275.91
30%+ above 52-week low +15.4% from $238.46
Within 25% of 52-week high -9.2% from $303.35
RS score above 70 RS 36

Fundamentals

52W Range
57%
Mkt Cap SEC
17.7B
Rev YoY
+6%
EPS TTM
$10.40
P/E TTM
26.5x
Float
64M
Insider
No Buy

Company

Company profile
Essex Property Trust, Inc.
ESS · NYSE · Finance · Real Estate Investment Trusts
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Scan History

Oct 23: 0 (watchlist_candidate)Oct 23: 70 (Trend Only)Oct 23: 70 (Trend Only)Oct 23: 70 (Trend Only)Oct 26: 66 (Trend Only)Oct 27: 0 (watchlist_candidate)0
Oct 27
watchlist_candidate
0
Oct 26
Trend Only ✓ Gate
66 0.0%
Oct 23
Trend Only ✓ Gate
70 -1.1%
Oct 23
Trend Only ✓ Gate
70 -1.1%
Oct 23
Trend Only ✓ Gate
70 -1.1%
Oct 23
watchlist_candidate
0 -1.1%

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