MACERICH CO/THE (MAC) Stock Technical Analysis
USA - NYSE:MAC - US5543821012 - REIT
17.24 USD
+0.22 (+1.29%)
17.24 USD
0 (0%)
We assign a technical rating of 2 out of 10 to MAC. MAC performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, MAC is a bad performer in the overall market: 67% of all stocks are doing better.
MAC has an average volume of 2034590 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
MAC is part of the Diversified REITs industry. There are 129 other stocks in this industry, MAC did better than 61% 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.
In the last month MAC has a been trading in the 16.44 - 18.31 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, MAC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 16.62, a Stop Loss order could be placed below this zone.
More info and screens
14.15
18.94
We found 4 important support areas.
- A support zone ranging from 16.49 to 16.62. 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 @15.71 from a horizontal line in the daily time frame.
- Support @14.29 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 17.34 to 17.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 18.23 to 18.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | DOWN | NEGATIVE | The short term trend for MAC is down. |
| ChartMill Relative Strength | 33 | NEUTRAL | MAC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MAC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MAC is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MAC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.74 | NEUTRAL | The RSI value for MAC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests MAC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 40.64 | NEUTRAL | The Stochastics value for MAC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.07 | MEDIUM VOLATILITY | The ATR as a percentage value for MAC suggests some volalility. |
| Average Directional Index/ADX (14) | 14.07 | 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)
17.24
+0.22 (+1.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg1.29%
1 Week4.55%
2 Weeks-4.43%
1 Month-1.15%
3 Month4.04%
6 Month17.44%
12 Month-8.73%
2 Year77.37%
3 Year54.9%
5 Year147.7%
10 Year-78.43%
15 Year-59.01%
Volatility
ATR(14)0.49
ATR(20)%3.07%
ATR Inc-12.78%
Range Today0.45
ADR(20)0.5
ADR(20)%2.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33
Mansfield-1.23
10 Day High18.24
10 Day Low16.44
20 Day High18.31
20 Day Low16.44
52 Week High22.27
52 Week Low12.48
CS1 End16.62
CR1 Start17.34
Volume & EV
DER(3)2.2%
DER(5)2.47%
Volume1.27M
Volume Incr-13.67%
Vol(5)2.08M
Vol(50)2.03M