Is Empire State Realty Trust, Inc. technically bullish or bearish?

As of 19 September 2025, the technical trend for Empire State Realty Trust, Inc. has changed from mildly bearish to bearish. The current stance is bearish with weak strength indicated by the daily moving averages and the weekly KST being bearish. The MACD shows a conflicting mildly bullish signal on the weekly timeframe but is bearish on the monthly. Bollinger Bands are bearish on both weekly and monthly timeframes, further supporting the bearish outlook. Additionally, the Dow Theory indicates a mildly bullish weekly trend but a mildly bearish monthly trend, adding to the mixed signals.
In terms of performance, the stock has underperformed significantly against the S&P 500 across multiple periods, with a year-to-date return of -28.00% compared to the S&P 500's 13.31%, and a one-year return of -34.07% versus the S&P 500's 16.64%.