MACERICH CO/THE (MAC) Stock Technical Analysis
NYSE:MAC - New York Stock Exchange, Inc. - US5543821012 - REIT - Currency: USD
Taking everything into account, MAC scores 3 out of 10 in our technical rating. MAC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
64% of all other stocks performed better in the past year than MAC.
In the last month MAC has a been trading in the 15.48 - 17.04 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
MAC has an average volume of 1795580 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
MAC is part of the Diversified REITs industry. There are 128 other stocks in this industry, MAC did better than 51% of them.
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 the technical rating is bad, MAC does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 16.08, a Stop Loss order could be placed below this zone.
More info and screens
13.77
20.31
5 important support areas can be observed.
- A support zone ranging from 16.02 to 16.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 15.52 to 15.71. 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 14.53 to 14.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.29 from a horizontal line in the weekly time frame.
- Support @13.91 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 16.18 to 16.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @20.11 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The short term trend for MAC is neutral. |
| ChartMill Relative Strength | 36.05 | NEUTRAL | MAC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MAC is above a declining 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) | UP | MIXED | The current price of MAC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.87 | NEUTRAL | The RSI value for MAC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MAC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 38.03 | NEUTRAL | The Stochastics value for MAC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.97 | MEDIUM VOLATILITY | The ATR as a percentage value for MAC suggests some volalility. |
| Average Directional Index/ADX (14) | 13.54 | NEGATIVE | The low ADX value for MAC suggests a weak or negative 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)
16.16
-0.08 (-0.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-0.49%
1 Week1.44%
2 Weeks0.87%
1 Month-0.19%
3 Month-5.39%
6 Month-19.76%
12 Month4.66%
2 Year43.39%
3 Year85.53%
5 Year80.16%
10 Year-77.04%
15 Year-54.1%
Volatility
ATR(14)0.54
ATR(20)%2.97%
ATR Inc-27.16%
Range Today0.31
ADR(20)0.45
ADR(20)%2.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.05
Mansfield-1.32
10 Day High16.74
10 Day Low15.48
20 Day High17.04
20 Day Low15.48
52 Week High22.27
52 Week Low12.48
CS1 End16.08
CR1 Start16.18
Volume & EV
DER(3)1.01%
DER(5)1.94%
Volume3.08M
Volume Incr-1.42%
Vol(5)1.77M
Vol(50)1.80M