MFA FINANCIAL INC (MFA) Stock Technical Analysis
NYSE:MFA - New York Stock Exchange, Inc. - US55272X6076 - REIT - Currency: USD
We assign a technical rating of 0 out of 10 to MFA. MFA'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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
82% of all other stocks performed better in the past year than MFA.
MFA is part of the Mortgage Real Estate Investment Trusts (REITs)" industry. There are 65 other stocks in this industry, of which 71% are performing better than MFA.
MFA is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MFA is lagging the market.
MFA has an average volume of 1561180 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month MFA has a been trading in the 9.08 - 9.94 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, MFA does present a nice setup opportunity. Prices have been consolidating lately. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
9.29
11.31
When analyzing the support we notice one important area.
- A support zone ranging from 9.38 to 9.38. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 9.49 to 9.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 9.93 to 9.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @11.20 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 | DOWN | NEGATIVE | The long term trend for MFA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MFA is neutral. |
| ChartMill Relative Strength | 18.5 | NEGATIVE | MFA has a low relative strength, it was outperformed by 81.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MFA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MFA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MFA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.98 | NEUTRAL | The RSI value for MFA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MFA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 52.34 | NEUTRAL | The Stochastics value for MFA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.26 | MEDIUM VOLATILITY | The ATR as a percentage value for MFA suggests some volalility. |
| Average Directional Index/ADX (14) | 11.1 | NEGATIVE | The low ADX value for MFA 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)
9.4
-0.12 (-1.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Performance
% Chg-1.26%
1 Week-2.69%
2 Weeks0.43%
1 Month-4.18%
3 Month-13.52%
6 Month-9.53%
12 Month-14.31%
2 Year-16.37%
3 Year-12.56%
5 Year-5.62%
10 Year-68.2%
15 Year-68.24%
Volatility
ATR(14)0.19
ATR(20)%2.26%
ATR Inc33.13%
Range Today0.19
ADR(20)0.2
ADR(20)%2.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.5
Mansfield-1.67
10 Day High9.81
10 Day Low9.31
20 Day High9.94
20 Day Low9.08
52 Week High13.45
52 Week Low7.85
CS1 End9.38
CR1 Start9.49
Volume & EV
DER(3)-6.44%
DER(5)-3.02%
Volume1.40M
Volume Incr15.61%
Vol(5)1.19M
Vol(50)1.56M