ESSENTIAL PROPERTIES REALTY TRUST - Daily - Technical analysis published on 12/26/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Slightly bullish
Technical indicators
28%
56%
17%
My opinion
Bearish under 26.76 USD
My targets
22.89 USD (-7.14%)
21.60 USD (-12.37%)
My analysis
The current short-term bearish trend is expected to quickly reset the neutral or bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for ESSENTIAL PROPERTIES REALTY TRUST as long as the price remains well below 26.76 USD. The next bearish objective for sellers is set at 22.89 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 21.60 USD. In case of crossing, the next objective would be the support located at 19.48 USD. As the basic trend is not clearly displayed, attention should be paid to the price response to the support located at 22.89 USD. With this support, against the trend traders who want to buy ESSENTIAL PROPERTIES REALTY TRUST on a buy signal from their trading strategy should not hesitate to act.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
FORCE
0
10
1.6
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
ESSENTIAL PROPERTIES REALTY TRUST rating 24.65 USD. The price registered an increase of +0.37% on the session with the lowest point at 24.44 USD and the highest point at 24.73 USD. The deviation from the price is +0.86% for the low point and -0.32% for the high point.24.44
24.73
24.65
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by ESSENTIAL PROPERTIES REALTY TRUST:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of ESSENTIAL PROPERTIES REALTY TRUST indicates that the overall trend is slightly bullish. 53.57% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently being given by short-term moving averages indicate that this slightly bullish trend could be reversed. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 21.60 | 22.89 | 24.51 | 24.65 | 26.76 |
| Change (%) | -12.37% | -7.14% | -0.57% | - | +8.56% |
| Change | -3.05 | -1.76 | -0.14 | - | +2.11 |
| Level | Intermediate | Minor | Major | - | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 24.08 | 24.20 | 24.38 | 24.51 | 24.69 | 24.81 | 24.99 |
| Camarilla | 24.48 | 24.50 | 24.53 | 24.56 | 24.59 | 24.62 | 24.64 |
| Woodie | 24.10 | 24.21 | 24.41 | 24.52 | 24.71 | 24.82 | 25.02 |
| Fibonacci | 24.20 | 24.32 | 24.39 | 24.51 | 24.62 | 24.69 | 24.81 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 23.36 | 23.84 | 24.41 | 24.89 | 25.46 | 25.94 | 26.51 |
| Camarilla | 24.70 | 24.80 | 24.89 | 24.99 | 25.09 | 25.18 | 25.28 |
| Woodie | 23.42 | 23.86 | 24.47 | 24.91 | 25.52 | 25.96 | 26.57 |
| Fibonacci | 23.84 | 24.24 | 24.49 | 24.89 | 25.29 | 25.54 | 25.94 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 22.10 | 23.31 | 24.69 | 25.90 | 27.28 | 28.49 | 29.87 |
| Camarilla | 25.37 | 25.61 | 25.84 | 26.08 | 26.32 | 26.56 | 26.79 |
| Woodie | 22.20 | 23.35 | 24.79 | 25.94 | 27.38 | 28.53 | 29.97 |
| Fibonacci | 23.31 | 24.30 | 24.91 | 25.90 | 26.89 | 27.50 | 28.49 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 41.80 | |
| MACD (12,26,9): | -0.2900 | |
| Directional Movement: | -6.61 | |
| AROON (14): | -35.71 | |
| DEMA (21): | 24.81 | |
| Parabolic SAR (0,02-0,02-0,2): | 25.00 | |
| Elder Ray (13): | -0.36 | |
| Super Trend (3,10): | 26.10 | |
| Zig ZAG (10): | 24.65 | |
| VORTEX (21): | 0.8900 | |
| Stochastique (14,3,5): | 18.73 | |
| TEMA (21): | 24.39 | |
| Williams %R (14): | -76.53 | |
| Chande Momentum Oscillator (20): | -1.18 | |
| Repulse (5,40,3): | 0.2600 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1100 | |
| Courbe Coppock: | 9.90 |
| MA7: | 24.66 | |
| MA20: | 25.31 | |
| MA50: | 25.46 | |
| MA100: | 23.97 | |
| MAexp7: | 24.72 | |
| MAexp20: | 25.12 | |
| MAexp50: | 25.01 | |
| MAexp100: | 23.99 | |
| Price / MA7: | -0.04% | |
| Price / MA20: | -2.61% | |
| Price / MA50: | -3.18% | |
| Price / MA100: | +2.84% | |
| Price / MAexp7: | -0.28% | |
| Price / MAexp20: | -1.87% | |
| Price / MAexp50: | -1.44% | |
| Price / MAexp100: | +2.75% |
This member declared not having a position on this financial instrument or a related financial instrument.
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