AVALONBAY COMMUNITIES INC (AVB) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:AVB • US0534841012
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.
- 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.
- When comparing the yearly performance of all stocks, AVB is a bad performer in the overall market: 79% of all stocks are doing better.
- AVB is part of the Residential REITs industry. There are 20 other stocks in this industry, of which 73% are performing better than AVB.
- 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.
- AVB has an average volume of 1117330 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month AVB has a been trading in the 172.07 - 186.77 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found 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 178.10. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 176.12, a Stop Loss order could be placed below this zone.
More info and screens
171.23
When analyzing the support we notice one important area.
- A support zone ranging from 172.96 to 176.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 178.10 to 185.01. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The short term trend for AVB is neutral. |
| ChartMill Relative Strength | 21.76 | NEGATIVE | AVB has a low relative strength, it was outperformed by 78.24% 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) | UP | MIXED | The current price of AVB is below the rising 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) | 49.39 | NEUTRAL | The RSI value for AVB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests AVB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 34.19 | NEUTRAL | The Stochastics value for AVB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.4 | MEDIUM VOLATILITY | The ATR as a percentage value for AVB suggests some volalility. |
| Average Directional Index/ADX (14) | 16.5 | NEGATIVE | The low ADX value for AVB suggests a weak or negative trend. |
177.81
+3.52 (+2.02%)
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 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 49.3884. 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 -0.182471, indicating a bearish trend.
What is the support and resistance level for AVB stock?
AVALONBAY COMMUNITIES INC (AVB) has a support level at 176.12 and a resistance level at 178.1. Check the full technical report for our detailed analysis of AVB support and resistance levels.