AMERICAN FINANCE TRUST INC (AFIN) Technical Analysis
NASDAQ:AFIN
Current stock price
AFIN Technical Rating and Analysis
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 comparing the performance of all stocks over the past year, AFIN turns out to be only a medium performer in the overall market: it outperformed 54% of all stocks.
- AFIN is an average performer in the Diversified REITs industry, it outperforms 57% of 122 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 Weekly and Daily overview Charts
AFIN Setup Rating and Analysis
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
AFIN Support and Resistance Analysis
7.79
When analyzing the support we can see 2 important areas.
- 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.
When analyzing the resistance we notice one important 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.
AFIN Technical Indicator Signal Analysis
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. |
AFIN Chart- and CandleStick Pattern Analysis
AFIN Technicals: Chart, Performance Metrics, Trend & Indicators
8.23
-0.03 (-0.36%)
AMERICAN FINANCE TRUST INC / AFIN TA FAQ
Can you provide the ChartMill technical rating for AMERICAN FINANCE TRUST INC?
ChartMill assigns a technical rating of 2 / 10 to AFIN.
What is the trend direction for AFIN stock?
The current trend direction for AMERICAN FINANCE TRUST INC (AFIN) is Bearish.
What is the RSI signal for AMERICAN FINANCE TRUST INC (AFIN) stock?
AMERICAN FINANCE TRUST INC (AFIN) has an RSI value of 43.8396. This indicates that the stock is currently neutral.
What is the short term momentum for AFIN stock?
The short term momentum for AMERICAN FINANCE TRUST INC (AFIN) is negative.
Can you provide the buy/sell signal for AMERICAN FINANCE TRUST INC?
The buy/sell signal for AMERICAN FINANCE TRUST INC (AFIN) is sell as both the short term and long term trends are negative.