AMERICAN FINANCE TRUST INC (AFIN) Stock Technical Analysis
NASDAQ:AFIN - Nasdaq - REIT
Overall AFIN gets a technical rating of 2 out of 10. AFIN has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
AFIN is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AFIN is lagging the market.
When compared to the yearly performance of all other stocks, AFIN outperforms 54% of them, which is more or less in line with the market.
AFIN is an average performer in the Diversified REITs industry, it outperforms 69% of 129 stocks in the same industry.
In the last month AFIN has a been trading in the 7.93 - 8.97 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
AFIN has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 8.17, a Stop Loss order could be placed below this zone.
More info and screens
7.79
9.57
2 important support areas can be observed.
- A support zone ranging from 8.01 to 8.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.87 to 7.88. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 9.09 to 9.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for AFIN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AFIN is down. |
| ChartMill Relative Strength | 54.36 | NEUTRAL | AFIN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AFIN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of AFIN is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AFIN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.84 | NEUTRAL | The RSI value for AFIN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests AFIN has a positive trend. |
| Stochastics (14,3) | 44.17 | NEUTRAL | The Stochastics value for AFIN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.68 | MEDIUM VOLATILITY | The ATR as a percentage value for AFIN suggests some volalility. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
8.23
-0.03 (-0.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-0.36%
1 Week1.48%
2 Weeks-0.36%
1 Month-7.74%
3 Month-0.84%
6 Month-2.02%
12 Month-2.6%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%2.68%
ATR Inc-18%
Range Today0.16
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.36
Mansfield-0.77
10 Day High8.35
10 Day Low7.98
20 Day High8.97
20 Day Low7.94
52 Week High10.69
52 Week Low7.76
CS1 End8.17
CR1 Start9.09
Volume & EV
DER(3)-4.59%
DER(5)-2.82%
Volume633.40K
Volume Incr-29.43%
Vol(5)708.36K
Vol(50)994.16K