MFA FINANCIAL INC (MFA) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:MFA - US55272X6076 - REIT
Taking everything into account, MFA scores 2 out of 10 in our technical rating. MFA has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
MFA has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 9.39, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MFA in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
9.00
We found 1 important support area.
- A support zone ranging from 9.09 to 9.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 9.46 to 9.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @10.04 from a trend line in the weekly time frame.
- A resistance zone ranging from 10.41 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 | NEUTRAL | NEUTRAL | The long term trend for MFA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MFA is down. |
| ChartMill Relative Strength | 40.26 | NEUTRAL | MFA is not amongst the best or worst performers 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) | 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) | 45.7 | NEUTRAL | The RSI value for MFA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests MFA has a negative trend. |
| Stochastics (14,3) | 30.67 | NEUTRAL | The Stochastics value for MFA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.89 | LOW VOLATILITY | The low ATR as a percentage value for MFA suggests low volalility. |
| Average Directional Index/ADX (14) | 17.8 | NEGATIVE | The low ADX value for MFA suggests a weak or negative trend. |
9.42
-0.02 (-0.21%)
MFA FINANCIAL INC / MFA FAQ
Can you provide the ChartMill technical rating for MFA FINANCIAL INC?
ChartMill assigns a technical rating of 2 / 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 Bearish.
What is the RSI signal for MFA FINANCIAL INC (MFA) stock?
MFA FINANCIAL INC (MFA) has an RSI value of 45.7025. This indicates that the stock is currently neutral.
What are the support and resistance levels for MFA FINANCIAL INC (MFA) stock?
MFA FINANCIAL INC (MFA) has a support level at 9.39 and a resistance level at 9.46. Check the full technical report for our detailed analysis of MFA support and resistance levels.