ACADIA REALTY TRUST (AKR) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:AKR • US0042391096
We assign a technical rating of 1 out of 10 to AKR. AKR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- When comparing the yearly performance of all stocks, AKR is a bad performer in the overall market: 73% of all stocks are doing better.
- AKR is one of the lesser performing stocks in the Diversified REITs industry. 67% of 124 stocks in the same industry do better.
- In the last month AKR has a been trading in the 19.25 - 21.24 range, which is quite wide. It is currently trading near the lows of this range.
- AKR has an average volume of 1369740 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- AKR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AKR is lagging the market.
AKR has a poor technical rating and the quality of the setup is also 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
18.15
When analyzing the support we can see 3 important areas.
- Support @19.94 from a horizontal line in the daily time frame.
- A support zone ranging from 19.37 to 19.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.33 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 20.14 to 20.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 21.02 to 21.07. 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 | NEUTRAL | NEUTRAL | The long term trend for AKR is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AKR is down. |
| ChartMill Relative Strength | 27.91 | NEGATIVE | AKR has a low relative strength, it was outperformed by 72.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AKR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of AKR is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AKR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.23 | NEUTRAL | The RSI value for AKR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests AKR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.21 | NEUTRAL | The Stochastics value for AKR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.26 | MEDIUM VOLATILITY | The ATR as a percentage value for AKR suggests some volalility. |
| Average Directional Index/ADX (14) | 25.44 | POSITIVE | The high ADX value value for AKR suggests a strong trend. |
20.01
+0.23 (+1.16%)
ACADIA REALTY TRUST / AKR FAQ
What is the technical rating for AKR stock?
ChartMill assigns a technical rating of 1 / 10 to AKR.
What is the trend direction for AKR stock?
The current trend direction for ACADIA REALTY TRUST (AKR) is Bearish.
What is the RSI signal for ACADIA REALTY TRUST (AKR) stock?
ACADIA REALTY TRUST (AKR) has an RSI value of 44.2278. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ACADIA REALTY TRUST?
The short term momentum for ACADIA REALTY TRUST (AKR) is negative.
What is the support and resistance level for AKR stock?
ACADIA REALTY TRUST (AKR) has a support level at 19.94 and a resistance level at 20.14. Check the full technical report for our detailed analysis of AKR support and resistance levels.