ALEXANDRIA REAL ESTATE EQUIT (ARE) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ARE - US0152711091 - REIT
We assign a technical rating of 3 out of 10 to ARE. In the past year, ARE was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- 91% of all other stocks performed better in the past year than ARE.
- ARE is part of the Diversified REITs industry. There are 125 other stocks in this industry, of which 92% are performing better than ARE.
- ARE is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month ARE has a been trading in the 47.47 - 58.22 range, which is quite wide. It is currently trading near the high of this range.
- ARE has an average volume of 2781610 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of ARE is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
50.29
When analyzing the support we notice one important area.
- A support zone ranging from 50.80 to 52.17. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 57.90 to 57.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @71.57 from a horizontal line in the daily time frame.
- Resistance @73.93 from a trend line in the weekly time frame.
- Resistance @76.29 from a trend line in the weekly time frame.
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 | DOWN | NEGATIVE | The long term trend for ARE is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ARE is up. |
| ChartMill Relative Strength | 9.36 | NEGATIVE | ARE has a low relative strength, it was outperformed by 90.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ARE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ARE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ARE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 74.39 | OVERBOUGHT | The high RSI value suggests ARE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.06 | POSITIVE | The MACD value suggests ARE has a positive trend. |
| Stochastics (14,3) | 96.98 | OVERBOUGHT | The high Stochastics value suggests ARE may be overbought. |
| Average True Range in percent/ATR (20) | 2.48 | MEDIUM VOLATILITY | The ATR as a percentage value for ARE suggests some volalility. |
| Average Directional Index/ADX (14) | 30.41 | POSITIVE | The high ADX value value for ARE suggests a strong trend. |
57.89
+0.63 (+1.1%)
ALEXANDRIA REAL ESTATE EQUIT / ARE FAQ
What is the technical rating for ARE stock?
ChartMill assigns a technical rating of 3 / 10 to ARE.
What is the current trend direction of ALEXANDRIA REAL ESTATE EQUIT (ARE) stock?
The current trend direction for ALEXANDRIA REAL ESTATE EQUIT (ARE) is Bearish.
Can you provide the RSI signal for ALEXANDRIA REAL ESTATE EQUIT?
ALEXANDRIA REAL ESTATE EQUIT (ARE) has an RSI value of 74.3917. This indicates that the stock is currently overbought.
Can you provide the short term momentum for ALEXANDRIA REAL ESTATE EQUIT?
The short term momentum for ALEXANDRIA REAL ESTATE EQUIT (ARE) is positive.
What are the support and resistance levels for ALEXANDRIA REAL ESTATE EQUIT (ARE) stock?
ALEXANDRIA REAL ESTATE EQUIT (ARE) has a support level at 52.17 and a resistance level at 57.9. Check the full technical report for our detailed analysis of ARE support and resistance levels.