AVALONBAY COMMUNITIES INC (AVB)       172.57  -1.61 (-0.92%)

172.57  -1.61 (-0.92%)

US0534841012 - REIT - After market: 172.57 0 (0%)

Technical Rating

1

Overall AVB gets a technical rating of 1 out of 10. 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.



In the last month AVB has a been trading in the 158.35 - 177.68 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, AVB is a bad performer in the overall market: 75% of all stocks are doing better.
AVB is one of the lesser performing stocks in the Equity Real Estate Investment Trusts (REITs) industry. 80% of 218 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. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.

Statistics

1 Month 3 Months 6 Months 12 Months 1.45% -14.78% -15.83% -27.48% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 25.28 158.35 - 259.05
AVB Weekly chart
AVB Daily chart

Support/Resistance Analysis


165.43

202.09
When analyzing the support we notice one important area.
  • A support zone ranging from 167.10 to 171.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
  • A resistance zone ranging from 172.58 to 174.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @187.08 from a trend line in the daily time frame.
  • Resistance @200.09 from a horizontal line in the daily time frame.

Setup Analysis

Setup Rating

6

Although the technical rating is bad, AVB does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 171.1, a Stop Loss order could be placed below this zone.


AVB Daily chart

AVALONBAY COMMUNITIES INC172.57

NYSE:AVB (12/2/2022, 7:20:46 PM)-1.61 (-0.92%)

After market: 172.57 0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector Real Estate
GICS Industry Equity Real Estate Investment Trusts (REITs)
Performance
Today -0.92% 1 Week 1.48%
2 Weeks 4.51% 1 Month 1.45%
3 Month -14.78% 6 Month -15.83%
Volatility
ATR(14) 3.77 ATR(20)% 2.72%
ATR Inc 0.25% Range Today 2.49
Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)
Relative Strength & Ranges
CRS 25.28 Mansfield -1.77
10 Day High 177.68 10 Day Low 166.94
20 Day High 177.68 20 Day Low 158.35
52 Week High 259.05 52 Week Low 158.35
CS1 End 171.1 CR1 Start 172.58
Volume & EV
DER(3) 0.99% DER(5) 0.1%
Volume 734.50K Volume Incr 7.62%
Vol(5) 1.02M Vol(50) 869.35K

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