Chart pattern

ESS chart pattern — Essex Property Trust

1 formation detected on the latest close (Nov 06, 2026).

Overview Technicals

Descending Channel · Daily candles

BearishForming

Last close$272.18

Trigger$256.74 (-5.7%)

Upper boundary$283.60

Lower boundary$256.74

Pattern spanJul 31, 2026 → 69 bars

Touches6

Fit score80/100

A steady downtrend held between two parallel falling lines. Trigger: A close above the upper rail is the first real sign the downtrend is ending. A close below the lower rail is capitulation. Invalidation: A sustained close above the upper rail.

Automated detection for education and research; not a recommendation. Levels are drawn from split-adjusted daily prices.