APARTMENT INCOME REIT CO (AIRC)

US03750L1098 - REIT

31.93  +0.65 (+2.08%)

After market: 31.93 0 (0%)

Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to AIRC. AIRC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, AIRC is a bad performer in the overall market: 78% of all stocks are doing better.
AIRC is one of the lesser performing stocks in the Residential REITs industry. 85% of 21 stocks in the same industry do better.
In the last month AIRC has a been trading in the 29.81 - 32.41 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
AIRC has an average volume of 1202750 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
AIRC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AIRC is lagging the market.
Weekly and Daily overview Charts
AIRC Weekly chart
AIRC Daily chart
Setup Rating and Analysis

8

Although the technical rating is bad, AIRC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 32.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 31.81, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

29.56

36.22

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 31.29 to 31.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @30.51 from a trend line in the daily time frame.
  • Support @29.86 from a horizontal line in the daily time frame.

We can see 4 important resistance areas.

  • A resistance zone ranging from 32.00 to 32.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @34.37 from a trend line in the weekly time frame.
  • Resistance @34.97 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 35.86 to 35.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.87
Mansfield-1.77
10 Day High32.24
10 Day Low30.79
20 Day High32.41
20 Day Low29.81
52 Week High37.36
52 Week Low28.22
Performance
1 Week1.75%
2 Weeks0.25%
1 Month6.01%
3 Month-8.06%
6 Month4.01%
12 Month-10.83%
2 Year-40.27%
3 Year-25.33%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.08
RSI(14)53.28
LBB30.92
UBB32.37
AIRC Daily chart

APARTMENT INCOME REIT CO

NYSE:AIRC (3/27/2024, 8:04:00 PM)

After market: 31.93 0 (0%)

31.93

+0.65 (+2.08%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryResidential REITs
Performance
% Chg2.08%
1 Week1.75%
2 Weeks0.25%
1 Month6.01%
3 Month-8.06%
6 Month4.01%
12 Month-10.83%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.62
ATR(20)%1.86%
ATR Inc
Range Today0.38
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High32.24
10 Day Low30.79
20 Day High32.41
20 Day Low29.81
52 Week High37.36
52 Week Low28.22
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.06M
Volume Incr-24.37%
Vol(5)925.18K
Vol(50)1.20M