Apartment Income REIT Corp (AIRC) Stock Technical Analysis
USA - NYSE:AIRC - US03750L1098 - REIT
Overall AIRC gets a technical rating of 9 out of 10. Both in the recent history as in the last year, AIRC has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although AIRC has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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29.56
4 important support areas can be observed.
- A support zone ranging from 37.74 to 38.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @32.80 from a trend line in the weekly time frame.
- Support @31.75 from a trend line in the daily time frame.
- Support @29.86 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 39.09 to 39.10. 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 | UP | POSITIVE | The long term trend for AIRC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AIRC is up. |
| ChartMill Relative Strength | 81.25 | POSITIVE | AIRC has a high relative strength, it outperformed 81.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AIRC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AIRC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AIRC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 77.48 | OVERBOUGHT | The high RSI value suggests AIRC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests AIRC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 96.01 | OVERBOUGHT | The high Stochastics value suggests AIRC may be overbought. |
| Average True Range in percent/ATR (20) | 0.19 | LOW VOLATILITY | The low ATR as a percentage value for AIRC suggests low volalility. |
| Average Directional Index/ADX (14) | 47.09 | POSITIVE | The high ADX value value for AIRC suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 39.11 | 38.85 | 0.26 (0.66%) | 25.00% |
| An entry @39.11. This is a Buy Stop order right above the resistance zone. | An exit @38.85. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.26 points, which is 0.66%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.17%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
39.08
-0.01 (-0.03%)
Apartment Income REIT Corp / AIRC FAQ
Can you provide the ChartMill technical rating for Apartment Income REIT Corp?
ChartMill assigns a technical rating of 9 / 10 to AIRC.
Can you provide the trend direction for Apartment Income REIT Corp?
The current trend direction for Apartment Income REIT Corp (AIRC) is Bullish.
What is the RSI signal for AIRC stock?
Apartment Income REIT Corp (AIRC) has an RSI value of 77.4757. This indicates that the stock is currently overbought.
What is the buy/sell signal for AIRC stock?
The buy/sell signal for Apartment Income REIT Corp (AIRC) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for Apartment Income REIT Corp?
Apartment Income REIT Corp (AIRC) has a support level at 38.99 and a resistance level at 39.09. Check the full technical report for our detailed analysis of AIRC support and resistance levels.