AVALONBAY COMMUNITIES INC (AVB) Technical Analysis
NYSE:AVB • US0534841012
We assign a technical rating of 0 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, AVB is a bad performer in the overall market: 78% of all stocks are doing better.
- AVB is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AVB is lagging the market.
- In the last month AVB has a been trading in the 169.96 - 181.00 range, which is quite wide. It is currently trading near the lows of this range.
- AVB has an average volume of 1141100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- AVB is part of the Residential REITs industry. There are 20 other stocks in this industry, AVB did better than 52% of them.
AVB has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 176.29. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 171.03, a Stop Loss order could be placed below this zone.
More info and screens
167.99
When analyzing the support we notice one important area.
- A support zone ranging from 169.69 to 171.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 176.29 to 177.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 181.94 to 185.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @189.43 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 | DOWN | NEGATIVE | The short term trend for AVB is down. |
| ChartMill Relative Strength | 22.74 | NEGATIVE | AVB has a low relative strength, it was outperformed by 77.26% off all stocks 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) | 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) | 37.56 | NEUTRAL | The RSI value for AVB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.68 | NEGATIVE | The MACD value suggests AVB has a negative trend. |
| Stochastics (14,3) | 16.24 | OVERSOLD | The low Stochastics value suggests AVB may be oversold. |
| Average True Range in percent/ATR (20) | 2.17 | MEDIUM VOLATILITY | The ATR as a percentage value for AVB suggests some volalility. |
| Average Directional Index/ADX (14) | 18.63 | NEGATIVE | The low ADX value for AVB suggests a weak or negative trend. |
AVB Technicals: Chart, Performance Metrics, Trend & Indicators
171.04
-0.78 (-0.45%)
AVALONBAY COMMUNITIES INC / AVB FAQ
Can you provide the ChartMill technical rating for AVALONBAY COMMUNITIES INC?
ChartMill assigns a technical rating of 0 / 10 to AVB.
What is the current trend direction of AVALONBAY COMMUNITIES INC (AVB) stock?
The current trend direction for AVALONBAY COMMUNITIES INC (AVB) is Bearish.
Can you provide the RSI signal for AVALONBAY COMMUNITIES INC?
AVALONBAY COMMUNITIES INC (AVB) has an RSI value of 37.5578. This indicates that the stock is currently neutral.
Can you provide the MACD signal for AVALONBAY COMMUNITIES INC?
The MACD indicator for AVALONBAY COMMUNITIES INC (AVB) has a value of -0.684824, indicating a bearish trend.
What is the support and resistance level for AVB stock?
AVALONBAY COMMUNITIES INC (AVB) has a support level at 171.03 and a resistance level at 176.29. Check the full technical report for our detailed analysis of AVB support and resistance levels.