MACERICH CO/THE (MAC) Stock Technical Analysis
USA - NYSE:MAC - US5543821012 - REIT
Overall MAC gets a technical rating of 4 out of 10. MAC 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.
Although the technical rating is only medium, MAC 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 18.07. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 17.89, a Stop Loss order could be placed below this zone.
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14.15
When analyzing the support we can see 5 important areas.
- A support zone ranging from 17.49 to 17.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.98 to 17.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 16.49 to 16.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.11 from a horizontal line in the daily time frame.
- Support @14.29 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 18.07 to 18.20. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 18.75 to 18.75. 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 | NEUTRAL | NEUTRAL | The long term trend for MAC is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MAC is up. |
| ChartMill Relative Strength | 34.4 | NEUTRAL | MAC is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of MAC is above a declining 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) | 55.85 | NEUTRAL | The RSI value for MAC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests MAC has a positive trend. |
| Stochastics (14,3) | 84.24 | OVERBOUGHT | The high Stochastics value suggests MAC may be overbought. |
| Average True Range in percent/ATR (20) | 2.85 | MEDIUM VOLATILITY | The ATR as a percentage value for MAC suggests some volalility. |
| Average Directional Index/ADX (14) | 12.64 | NEGATIVE | The low ADX value for MAC suggests a weak or negative trend. |
17.94
+0.06 (+0.34%)
MACERICH CO/THE / MAC FAQ
What is the technical rating for MAC stock?
ChartMill assigns a technical rating of 4 / 10 to MAC.
What is the current trend direction of MACERICH CO/THE (MAC) stock?
The current trend direction for MACERICH CO/THE (MAC) is Bearish.
What is the RSI signal for MACERICH CO/THE (MAC) stock?
MACERICH CO/THE (MAC) has an RSI value of 55.8485. This indicates that the stock is currently neutral.
Can you provide the MACD signal for MACERICH CO/THE?
The MACD indicator for MACERICH CO/THE (MAC) has a value of 0.0658759, indicating a bearish trend.
What is the support and resistance level for MAC stock?
MACERICH CO/THE (MAC) has a support level at 17.89 and a resistance level at 18.07. Check the full technical report for our detailed analysis of MAC support and resistance levels.