Essex Property Trust, Inc. is a self-administered and self-managed real estate investment trust. Co. is engaged primarily in the ownership, operation, management, acquisition, development and redevelopment of predominantly apartment communities, located along the West Coast of the U.S.. Co. operates through three segments: California, Northern California and Seattle Metro. Co. owns approximately interests in 256 operating apartment communities, aggregating 63,480 apartment homes. Co. owns all of its interest in its real estate and other investments directly or indirectly through Essex Portfolio, L.P.
When researching a stock like Essex Property Trust, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from ESS Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for ESS stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of those ways is to calculate a Simpe Moving Average ("SMA") by looking back a certain number of days. One of the most popular "longer look-backs" is the ESS 200 day moving average ("ESS 200 DMA"), while one of the most popular "shorter look-backs" is the ESS 50 day moving average ("ESS 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Essex Property Trust. |