MFA FINANCIAL INC (MFA) Stock Technical Analysis
NYSE:MFA - New York Stock Exchange, Inc. - US55272X6076 - REIT - Currency: USD
We assign a technical rating of 3 out of 10 to MFA. Recently some decent action could be observed, but in the medium term time frame this is still negative. MFA was also a bad performer in the overall market in the last year.
82% of all other stocks performed better in the past year than MFA.
MFA is one of the lesser performing stocks in the Mortgage Real Estate Investment Trusts (REITs)" industry. 78% of 67 stocks in the same industry do better.
In the last month MFA has a been trading in the 8.78 - 9.79 range, which is quite wide. It is currently trading near the high of this range.
MFA has an average volume of 1327220 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
MFA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MFA is lagging the market.
The technical rating of MFA is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
8.99
11.12
When analyzing the support we can see 2 important areas.
- A support zone ranging from 9.38 to 9.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.08 to 9.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @9.76 from a horizontal line in the daily time frame.
- Resistance @9.97 from a horizontal line in the daily time frame.
- A resistance zone ranging from 10.93 to 11.01. 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 | DOWN | NEGATIVE | The long term trend for MFA is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MFA is up. |
| ChartMill Relative Strength | 18.12 | NEGATIVE | MFA has a low relative strength, it was outperformed by 81.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MFA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MFA is above the rising 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) | 60.61 | NEUTRAL | The RSI value for MFA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests MFA has a positive trend. |
| Stochastics (14,3) | 94.06 | OVERBOUGHT | The high Stochastics value suggests MFA may be overbought. |
| Average True Range in percent/ATR (20) | 1.98 | LOW VOLATILITY | The low ATR as a percentage value for MFA suggests low volalility. |
| Average Directional Index/ADX (14) | 18.98 | 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)
9.7
-0.02 (-0.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Performance
% Chg-0.21%
1 Week4.19%
2 Weeks6.24%
1 Month5.43%
3 Month-1.22%
6 Month-8.92%
12 Month-18.28%
2 Year-11.5%
3 Year-11.25%
5 Year-9.51%
10 Year-65.89%
15 Year-67.1%
Volatility
ATR(14)0.22
ATR(20)%1.98%
ATR Inc-44.23%
Range Today0.09
ADR(20)0.18
ADR(20)%1.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.12
Mansfield-1.65
10 Day High9.79
10 Day Low8.78
20 Day High9.79
20 Day Low8.78
52 Week High13.45
52 Week Low7.85
CS1 End9.5
CR1 Start9.76
Volume & EV
DER(3)-0.48%
DER(5)2.06%
Volume811.70K
Volume Incr-23.95%
Vol(5)1.01M
Vol(50)1.33M