AVALONBAY COMMUNITIES INC (AVB)

US0534841012 - REIT

185.56  +1.87 (+1.02%)

After market: 185.56 0 (0%)

Technical Rating and Analysis

6

Taking everything into account, AVB scores 6 out of 10 in our technical rating. Although AVB is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
In the last month AVB has a been trading in the 174.46 - 187.32 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
When compared to the yearly performance of all other stocks, AVB outperforms 51% of them, which is more or less in line with the market.
AVB is part of the Residential REITs industry. There are 21 other stocks in this industry, AVB did better than 70% of them.
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.
Weekly and Daily overview Charts
AVB Weekly chart
AVB Daily chart
Setup Rating and Analysis

8

AVB has only a medium 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 185.81. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 183.63, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

159.90

193.35

3 important support areas can be observed.

  • A support zone ranging from 174.08 to 183.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 166.04 to 167.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 161.52 to 162.58. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 2 important resistance areas.

  • A resistance zone ranging from 185.81 to 187.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @191.44 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.38
Mansfield-1.1
10 Day High186.72
10 Day Low179.88
20 Day High187.32
20 Day Low174.46
52 Week High198.66
52 Week Low160.45
Performance
1 Week0.42%
2 Weeks1.74%
1 Month4.82%
3 Month-0.89%
6 Month8.05%
12 Month10.41%
2 Year-25.29%
3 Year0.57%
5 Year-7.56%
10 Year41.3%
15 Year294.31%
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)
Technical Indicators
MACD(12,26,9)-0.15
RSI(14)58.15
LBB180.62
UBB186.42
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
187.90179.878.03 (4.27%)23.40%
An entry @187.90. This is a Buy Stop order right above the resistance zone.An exit @179.87. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 8.03 points, which is 4.27%.When investing 23.40% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
AVB Daily chart

AVALONBAY COMMUNITIES INC

NYSE:AVB (3/28/2024, 8:04:00 PM)

After market: 185.56 0 (0%)

185.56

+1.87 (+1.02%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryResidential REITs
Performance
% Chg1.02%
1 Week0.42%
2 Weeks1.74%
1 Month4.82%
3 Month-0.89%
6 Month8.05%
12 Month10.41%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.15
ATR(20)%1.76%
ATR Inc
Range Today1.91
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High186.72
10 Day Low179.88
20 Day High187.32
20 Day Low174.46
52 Week High198.66
52 Week Low160.45
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume730.60K
Volume Incr-13.09%
Vol(5)658.62K
Vol(50)822.16K