Apartment Income REIT Corp (AIRC) Technical Analysis
NYSE:AIRC • US03750L1098
Current stock price
AIRC Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to AIRC. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AIRC is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- AIRC is part of the Residential REITs industry. There are 20 other stocks in this industry. AIRC outperforms 100% of them.
- A new 52 week high is currently being made by AIRC, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so AIRC is leading the market.
- AIRC has an average volume of 3721100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, AIRC did better than 81% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- In the last month AIRC has a been trading in a tight range between 38.55 and 39.10.
- Volume is considerably higher in the last couple of days.
AIRC Weekly and Daily overview Charts
AIRC Setup Rating and Analysis
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.
More info and screens
AIRC Support and Resistance Analysis
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.
We found 1 important resistance 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.
AIRC 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 | 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. |
AIRC Chart- and CandleStick Pattern Analysis
AIRC Example Setup
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.
AIRC Technicals: Chart, Performance Metrics, Trend & Indicators
39.08
-0.01 (-0.03%)
Apartment Income REIT Corp / AIRC TA FAQ
Can you provide the ChartMill technical rating for Apartment Income REIT Corp?
ChartMill assigns a technical rating of 9 / 10 to AIRC.
What is the trend direction for AIRC stock?
The current trend direction for Apartment Income REIT Corp (AIRC) is Bullish.
What is the RSI signal for Apartment Income REIT Corp (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 short term momentum for Apartment Income REIT Corp (AIRC) stock?
The short term momentum for Apartment Income REIT Corp (AIRC) is positive.
What are the support and resistance levels for Apartment Income REIT Corp (AIRC) stock?
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.