MACERICH CO/THE (MAC) Stock Technical Analysis
NYSE:MAC - US5543821012 - REIT
18.4 USD
-0.09 (-0.49%)
18.4 USD
0 (0%)
We assign a technical rating of 8 out of 10 to MAC. Although MAC is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
MAC is part of the Diversified REITs industry. There are 129 other stocks in this industry. MAC outperforms 90% of them.
In the last month MAC has a been trading in the 16.16 - 18.65 range, which is quite wide. It is currently trading near the high of this range.
MAC has an average volume of 1691670 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, MAC did better than 74% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
MAC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MAC is lagging the market.
Although MAC has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
14.15
18.67
When analyzing the support we can see 6 important areas.
- A support zone ranging from 17.45 to 17.48. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 16.54 to 16.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.11 to 16.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @15.71 from a horizontal line in the daily time frame.
- Support @15.03 from a trend line in the weekly time frame.
- Support @14.29 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 18.41 to 18.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for MAC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MAC is up. |
| ChartMill Relative Strength | 74.56 | POSITIVE | MAC has a high relative strength, it outperformed 74.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MAC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MAC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of MAC is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.87 | NEUTRAL | The RSI value for MAC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests MAC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.82 | OVERBOUGHT | The high Stochastics value suggests MAC may be overbought. |
| Average True Range in percent/ATR (20) | 2.71 | MEDIUM VOLATILITY | The ATR as a percentage value for MAC suggests some volalility. |
| Average Directional Index/ADX (14) | 24.49 | NEUTRAL | The ADX value for MAC suggests a possible start of a new trend. |
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)
18.4
-0.09 (-0.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-0.49%
1 Week1.55%
2 Weeks6.91%
1 Month14%
3 Month13.72%
6 Month2%
12 Month15.22%
2 Year57.4%
3 Year92.27%
5 Year132.03%
10 Year-74.4%
15 Year-52.9%
Volatility
ATR(14)0.49
ATR(20)%2.71%
ATR Inc-28.99%
Range Today0.37
ADR(20)0.49
ADR(20)%2.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.56
Mansfield-0.52
10 Day High18.65
10 Day Low17.02
20 Day High18.65
20 Day Low16.16
52 Week High22.27
52 Week Low12.48
CS1 End17.48
CR1 Start18.41
Volume & EV
DER(3)1.04%
DER(5)1.81%
Volume1.06M
Volume Incr-18.25%
Vol(5)1.52M
Vol(50)1.69M