AVALONBAY COMMUNITIES INC (AVB) Technical Analysis
NYSE:AVB • US0534841012
Current stock price
AVB Technical Rating and Analysis
Taking everything into account, AVB scores 5 out of 10 in our technical rating. AVB has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- 76% of all other stocks performed better in the past year than AVB.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month AVB has a been trading in the 160.09 - 183.78 range, which is quite wide. It is currently trading near the high of this range.
- AVB is part of the Residential REITs industry. There are 20 other stocks in this industry, AVB did better than 57% 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.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
AVB Weekly and Daily overview Charts
AVB Setup Rating and Analysis
AVB has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
AVB Support and Resistance Analysis
159.19
We found 3 important support areas.
- A support zone ranging from 181.94 to 182.72. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 170.70 to 173.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 160.80 to 160.80. 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 183.51 to 183.51. 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.
AVB Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for AVB is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AVB is up. |
| ChartMill Relative Strength | 24.32 | NEGATIVE | AVB has a low relative strength, it was outperformed by 75.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AVB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AVB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of AVB is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 71.04 | OVERBOUGHT | The high RSI value suggests AVB may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.21 | POSITIVE | The MACD value suggests AVB has a positive trend. |
| Stochastics (14,3) | 78.61 | NEUTRAL | The Stochastics value for AVB is a neutral value. |
| Average True Range in percent/ATR (20) | 1.79 | LOW VOLATILITY | The low ATR as a percentage value for AVB suggests low volalility. |
| Average Directional Index/ADX (14) | 24.16 | NEUTRAL | The ADX value for AVB suggests a possible start of a new trend. |
AVB Chart- and CandleStick Pattern Analysis
AVB Technicals: Chart, Performance Metrics, Trend & Indicators
183.5
+9.22 (+5.29%)
AVALONBAY COMMUNITIES INC / AVB TA FAQ
Can you provide the ChartMill technical rating for AVALONBAY COMMUNITIES INC?
ChartMill assigns a technical rating of 5 / 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.
What is the RSI signal for AVALONBAY COMMUNITIES INC (AVB) stock?
AVALONBAY COMMUNITIES INC (AVB) has an RSI value of 71.0394. This indicates that the stock is currently overbought.
What is the support and resistance level for AVB stock?
AVALONBAY COMMUNITIES INC (AVB) has a support level at 182.72 and a resistance level at 183.51. Check the full technical report for our detailed analysis of AVB support and resistance levels.