Is Essex Property Trust, Inc. technically bullish or bearish?

As of 3 October 2025, the technical trend for Essex Property Trust, Inc. has changed from mildly bearish to bearish. The current stance is bearish with a weak strength indicated by the daily moving averages and the weekly KST. The MACD shows a mildly bullish signal on the weekly but is mildly bearish on the monthly, indicating mixed signals across time frames. The Bollinger Bands are bearish for both weekly and monthly periods, reinforcing the bearish outlook. Additionally, the Dow Theory indicates a mildly bearish trend on the weekly basis.
In terms of performance, Essex has underperformed the S&P 500 across multiple periods, notably with a year-to-date return of -7.35% compared to the S&P 500's 14.18%, and a one-year return of -8.72% versus 17.82% for the index.