MFA FINANCIAL INC (MFA) Stock Technical Analysis
NYSE:MFA • US55272X6076
Taking everything into account, MFA scores 7 out of 10 in our technical rating. Although MFA is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The long and short term trends are both positive. This is looking good!
- MFA is part of the Mortgage Real Estate Investment Trusts (REITs)" industry. There are 70 other stocks in this industry. MFA outperforms 84% of them.
- MFA has an average volume of 1402490 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, MFA outperforms 47% of them, which is more or less in line with the market.
- 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.
- In the last month MFA has a been trading in the 9.45 - 10.32 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MFA has an excellent technical rating and also presents a decent setup pattern. 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 10.40. Right above this resistance zone may be a good entry point. Another positive sign is the recent Pocket Pivot signal.
- 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
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4 important support areas can be observed.
- Support @10.01 from a trend line in the weekly time frame.
- A support zone ranging from 9.74 to 9.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.44 to 9.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 8.91 to 9.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 10.40 to 10.41. 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 | UP | POSITIVE | The long term trend for MFA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MFA is up. |
| ChartMill Relative Strength | 47.32 | NEUTRAL | MFA is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of MFA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.81 | NEUTRAL | The RSI value for MFA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests MFA has a positive trend. |
| Stochastics (14,3) | 70.1 | NEUTRAL | The Stochastics value for MFA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.15 | MEDIUM VOLATILITY | The ATR as a percentage value for MFA suggests some volalility. |
| Average Directional Index/ADX (14) | 21.88 | NEUTRAL | The ADX value for MFA suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 10.42 | 10.00 | 0.42 (4.03%) | 24.81% |
| An entry @10.42. This is a Buy Stop order right above the resistance zone. | An exit @10.00. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.42 points, which is 4.03%. | For a 1.00% total portfolio risk, you can invest 24.81% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
10.06
+0.01 (+0.1%)
MFA FINANCIAL INC / MFA FAQ
Can you provide the ChartMill technical rating for MFA FINANCIAL INC?
ChartMill assigns a technical rating of 7 / 10 to MFA.
What is the current trend direction of MFA FINANCIAL INC (MFA) stock?
The current trend direction for MFA FINANCIAL INC (MFA) is Bullish.
What is the RSI signal for MFA FINANCIAL INC (MFA) stock?
MFA FINANCIAL INC (MFA) has an RSI value of 59.8139. This indicates that the stock is currently neutral.
What is the buy/sell signal for MFA FINANCIAL INC (MFA) stock?
The buy/sell signal for MFA FINANCIAL INC (MFA) is buy as both the short term and long term trends are positive.
What is the support and resistance level for MFA stock?
MFA FINANCIAL INC (MFA) has a support level at 10.01 and a resistance level at 10.4. Check the full technical report for our detailed analysis of MFA support and resistance levels.