MACERICH CO/THE (MAC)
US5543821012 - REIT
We assign a technical rating of 7 out of 10 to MAC. MAC has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Both the short term and long term trends are positive. This is a very positive sign.
MAC is part of the Diversified REITs industry. There are 127 other stocks in this industry. MAC outperforms 76% of them.
MAC is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so MAC is performing more or less in line with the market.
In the last month MAC has a been trading in the 14.44 - 16.70 range, which is quite wide. It is currently trading near the high of this range.
MAC has an average volume of 1668400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that MAC is one of the better performing stocks in the market, outperforming 80% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
MAC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 16.39. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 15.55, a Stop Loss order could be placed below this zone.
More info and screens
10.19
17.64
When analyzing the support we can see 4 important areas.
- A support zone ranging from 15.02 to 15.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 14.28 to 14.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @10.98 from a trend line in the weekly time frame.
- Support @10.29 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @16.39 from a horizontal line in the daily time frame.
- A resistance zone ranging from 17.23 to 17.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.21
Mansfield0.28
10 Day High16.7
10 Day Low15.38
20 Day High16.7
20 Day Low14.44
52 Week High17.69
52 Week Low9.21
Performance
1 Week0.81%
2 Weeks4.98%
1 Month7.13%
3 Month3.57%
6 Month-2.7%
12 Month28.5%
2 Year52.97%
3 Year-0.43%
5 Year-47.95%
10 Year-73.54%
15 Year-12.54%
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)0.05
RSI(14)58.41
LBB14.91
UBB16.8
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 16.40 | 15.37 | 1.03 (6.28%) | 15.92% |
| An entry @16.40. This is a Buy Stop order right above the resistance zone. | An exit @15.37. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.03 points, which is 6.28%. | For a 1.00% total portfolio risk, you can invest 15.92% of your capital in this trade. |
- 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.
MACERICH CO/THE
NYSE:MAC (7/26/2024, 7:04:00 PM)
After market: 16.23 0 (0%)16.23
+0.59 (+3.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg3.77%
1 Week0.81%
2 Weeks4.98%
1 Month7.13%
3 Month3.57%
6 Month-2.7%
12 Month28.5%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.55
ATR(20)%3.24%
ATR Inc
Range Today0.54
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 High16.7
10 Day Low15.38
20 Day High16.7
20 Day Low14.44
52 Week High17.69
52 Week Low9.21
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.32M
Volume Incr-20.05%
Vol(5)1.41M
Vol(50)1.67M