Apartment Income REIT Corp (AIRC) Stock Technical Analysis
USA - NYSE:AIRC - US03750L1098 - REIT
39.08 USD
-0.01 (-0.03%)
39.09 USD
+0.01 (+0.03%)
Taking everything into account, AIRC scores 9 out of 10 in our technical rating. 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.
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! However, this is in line with the S&P500, which is also trading near new highs.
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 relatively good performance is mostly due to a recent big 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 has an excellent technical rating, but the quality of the setup is only medium 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
29.56
39.49
We found 4 important support areas.
- 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. |
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)
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%. | For a 0.17% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryResidential REITs
Performance
% Chg-0.03%
1 Week0.31%
2 Weeks0.64%
1 Month0.96%
3 Month20.36%
6 Month12.53%
12 Month8.28%
2 Year-6.06%
3 Year-17.6%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%0.19%
ATR Inc-53.09%
Range Today0.02
ADR(20)0.07
ADR(20)%0.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.25
Mansfield0.04
10 Day High39.1
10 Day Low38.86
20 Day High39.1
20 Day Low38.56
52 Week High39.1
52 Week Low28.22
CS1 End38.99
CR1 Start39.09
Volume & EV
DER(3)-3.69%
DER(5)-2.77%
Volume21.63M
Volume Incr115.2%
Vol(5)6.61M
Vol(50)3.72M