AVALONBAY COMMUNITIES INC (AVB) Stock Technical Analysis
NYSE:AVB - New York Stock Exchange, Inc. - US0534841012 - REIT - Currency: USD
Overall AVB gets a technical rating of 1 out of 10. AVB has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames 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.
AVB is part of the Residential REITs industry. There are 20 other stocks in this industry, of which 63% are performing better than AVB.
In the last month AVB has a been trading in the 180.40 - 217.32 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, AVB did better than 71% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
AVB is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
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 resistance zone just above the current price starting at 207.11. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 192.86, a Stop Loss order could be placed below this zone.
More info and screens
189.77
237.71
We found 1 important support area.
- A support zone ranging from 191.69 to 192.86. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 207.11 to 211.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @216.90 from a horizontal line in the daily time frame.
- A resistance zone ranging from 220.54 to 223.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 227.93 to 228.09. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @235.36 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.81
Mansfield-0.03
10 Day High210.26
10 Day Low188.09
20 Day High217.32
20 Day Low180.4
52 Week High239.29
52 Week Low180.4
Performance
1 Week3.33%
2 Weeks3.16%
1 Month-3.44%
3 Month-3.73%
6 Month-8.67%
12 Month7.98%
2 Year14.61%
3 Year-9.12%
5 Year26.87%
10 Year25.79%
15 Year98.7%
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)1.53
RSI(14)51.87
LBB185.93
UBB211.35
206.73
+0.31 (+0.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryResidential REITs
Performance
% Chg0.15%
1 Week3.33%
2 Weeks3.16%
1 Month-3.44%
3 Month-3.73%
6 Month-8.67%
12 Month7.98%
2 Year14.61%
3 Year-9.12%
5 Year26.87%
10 Year25.79%
15 Year98.7%
Volatility
ATR(14)8.2
ATR(20)%3.55%
ATR Inc-50.75%
Range Today3.56
ADR(20)7.11
ADR(20)%3.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.81
Mansfield-0.03
10 Day High210.26
10 Day Low188.09
20 Day High217.32
20 Day Low180.4
52 Week High239.29
52 Week Low180.4
CS1 End192.86
CR1 Start207.11
Volume & EV
DER(3)-0.47%
DER(5)0.69%
Volume536.20K
Volume Incr-31.39%
Vol(5)718.00K
Vol(50)819.01K