AVALONBAY COMMUNITIES INC (AVB) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:AVB - US0534841012 - REIT
We assign a technical rating of 1 out of 10 to AVB. AVB'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.
Although the technical rating is bad, AVB does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 174.63, a Stop Loss order could be placed below this zone.
More info and screens
172.17
We found 1 important support area.
- A support zone ranging from 173.91 to 174.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 179.25 to 182.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @186.22 from a trend line in the daily time frame.
- Resistance @196.84 from a horizontal line in the daily time frame.
- Resistance @202.70 from a horizontal line in the daily time frame.
- Resistance @207.86 from a horizontal line in the daily 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 AVB is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AVB is neutral. |
| ChartMill Relative Strength | 19.93 | NEGATIVE | AVB has a low relative strength, it was outperformed by 80.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of AVB is below the rising 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) | 49.74 | NEUTRAL | The RSI value for AVB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.38 | POSITIVE | The MACD value suggests AVB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.67 | NEUTRAL | The Stochastics value for AVB is a neutral value. |
| Average True Range in percent/ATR (20) | 1.67 | LOW VOLATILITY | The low ATR as a percentage value for AVB suggests low volalility. |
| Average Directional Index/ADX (14) | 18.45 | NEGATIVE | The low ADX value for AVB suggests a weak or negative trend. |
179.13
-2.1 (-1.16%)
AVALONBAY COMMUNITIES INC / AVB FAQ
Can you provide the ChartMill technical rating for AVALONBAY COMMUNITIES INC?
ChartMill assigns a technical rating of 1 / 10 to AVB.
What is the trend direction for AVB stock?
The current trend direction for AVALONBAY COMMUNITIES INC (AVB) is Bearish.
What is the RSI signal for AVB stock?
AVALONBAY COMMUNITIES INC (AVB) has an RSI value of 49.7402. This indicates that the stock is currently neutral.
What is the short term momentum for AVB stock?
The short term momentum for AVALONBAY COMMUNITIES INC (AVB) is neutral.