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Trade-Ideas: Essex Property (ESS) Is Today's "Barbarian At The Gate" Stock

Trade-Ideas LLC identified Essex Property ( ESS) as a "barbarian at the gate" (strong stocks crossing above resistance with today's range greater than 200%) candidate. In addition to specific proprietary factors, Trade-Ideas identified Essex Property as such a stock due to the following factors:

  • ESS has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $96.5 million.
  • ESS has traded 51,050 shares today.
  • ESS traded in a range 216.2% of the normal price range with a price range of $7.64.
  • ESS traded above its daily resistance level...

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