AVALONBAY COMMUNITIES INC (AVB) Stock Technical Analysis
NYSE:AVB - US0534841012 - REIT
192.27 USD
-1.35 (-0.7%)
192.27 USD
0 (0%)
Overall AVB gets a technical rating of 0 out of 10. AVB 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.
85% of all other stocks performed better in the past year than AVB.
AVB is one of the lesser performing stocks in the Residential REITs industry. 68% of 20 stocks in the same industry do better.
AVB 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 AVB has a been trading in the 181.23 - 203.29 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Although the technical rating is bad, AVB does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 196.77. Right above this resistance zone may be a good entry point.
More info and screens
180.88
214.32
We found 1 important support area.
- A support zone ranging from 182.71 to 185.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 196.77 to 198.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 207.02 to 212.20. 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 | NEUTRAL | NEUTRAL | The short term trend for AVB is neutral. |
| ChartMill Relative Strength | 15.85 | NEGATIVE | AVB has a low relative strength, it was outperformed by 84.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of AVB is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AVB is below a declining 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) | 49.17 | NEUTRAL | The RSI value for AVB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.02 | POSITIVE | The MACD value suggests AVB has a positive trend. |
| Stochastics (14,3) | 77.47 | NEUTRAL | The Stochastics value for AVB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.27 | MEDIUM VOLATILITY | The ATR as a percentage value for AVB suggests some volalility. |
| Average Directional Index/ADX (14) | 19.5 | 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)
192.27
-1.35 (-0.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryResidential REITs
Performance
% Chg-0.7%
1 Week2.14%
2 Weeks3.88%
1 Month-3.27%
3 Month-7.01%
6 Month-14.99%
12 Month-14.82%
2 Year4.6%
3 Year-4.3%
5 Year21.64%
10 Year16.48%
15 Year82.73%
Volatility
ATR(14)3.27
ATR(20)%2.27%
ATR Inc12.08%
Range Today3.16
ADR(20)4.01
ADR(20)%2.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.85
Mansfield-1.73
10 Day High195.06
10 Day Low184.29
20 Day High203.29
20 Day Low181.23
52 Week High239.29
52 Week Low180.4
CS1 End185.39
CR1 Start196.77
Volume & EV
DER(3)-2.39%
DER(5)-1.72%
Volume582.80K
Volume Incr1.77%
Vol(5)950.98K
Vol(50)903.97K