AVALONBAY COMMUNITIES INC (AVB) Stock Technical Analysis
NYSE:AVB - New York Stock Exchange, Inc. - US0534841012 - REIT - Currency: USD
Overall AVB gets a technical rating of 2 out of 10. AVB has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
AVB is one of the better performing stocks in the Residential REITs industry, it outperforms 73% of 20 stocks in the same industry.
When comparing the performance of all stocks over the past year, AVB turns out to be only a medium performer in the overall market: it outperformed 40% of all stocks.
AVB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AVB is lagging the market.
In the last month AVB has a been trading in a tight range between 199.60 and 209.86.
Volume is considerably higher in the last couple of days.
AVB has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 202.55, a Stop Loss order could be placed below this zone.
More info and screens
189.77
230.37
3 important support areas can be observed.
- A support zone ranging from 201.60 to 203.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @196.75 from a trend line in the weekly time frame.
- Support @191.69 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 205.41 to 207.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 210.77 to 216.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 226.19 to 228.09. 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 | DOWN | NEGATIVE | The long term trend for AVB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AVB is down. |
| ChartMill Relative Strength | 40.81 | NEUTRAL | AVB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AVB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of AVB is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AVB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.99 | NEUTRAL | The RSI value for AVB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.34 | NEGATIVE | The MACD value suggests AVB has a negative trend. |
| Stochastics (14,3) | 37.12 | NEUTRAL | The Stochastics value for AVB is a neutral value. |
| Average True Range in percent/ATR (20) | 1.87 | LOW VOLATILITY | The low ATR as a percentage value for AVB suggests low volalility. |
| Average Directional Index/ADX (14) | 9.87 | NEGATIVE | The low ADX value for AVB suggests a weak or negative 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)
203.5
-0.88 (-0.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryResidential REITs
Performance
% Chg-0.43%
1 Week-2.01%
2 Weeks-1.3%
1 Month-1.58%
3 Month6.16%
6 Month-7.15%
12 Month0.11%
2 Year7.52%
3 Year4.76%
5 Year31.6%
10 Year27.29%
15 Year117.95%
Volatility
ATR(14)3.54
ATR(20)%1.87%
ATR Inc8.69%
Range Today4.08
ADR(20)3.65
ADR(20)%1.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.81
Mansfield-1.21
10 Day High209.86
10 Day Low199.6
20 Day High209.86
20 Day Low199.6
52 Week High239.29
52 Week Low180.4
CS1 End202.55
CR1 Start205.66
Volume & EV
DER(3)0.17%
DER(5)-0.11%
Volume1.32M
Volume Incr44.87%
Vol(5)1.33M
Vol(50)883.81K