MFA FINANCIAL INC (MFA) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:MFA - US55272X6076 - REIT
Taking everything into account, MFA scores 7 out of 10 in our technical rating. In the last year, MFA was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month MFA has a been trading in the 9.26 - 10.11 range, which is quite wide. It is currently trading near the high of this range.
- MFA has an average volume of 1273980 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, MFA turns out to be only a medium performer in the overall market: it outperformed 55% of all stocks.
- MFA is part of the Mortgage Real Estate Investment Trusts (REITs)" industry. There are 68 other stocks in this industry, MFA did better than 68% of them.
- 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.
Although MFA has an excellent technical rating, it does not offer a high 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
8.82
We found 3 important support areas.
- Support @10.02 from a trend line in the weekly time frame.
- A support zone ranging from 9.46 to 9.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 8.91 to 9.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- 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 | UP | POSITIVE | The short term trend for MFA is up. |
| ChartMill Relative Strength | 55.18 | 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) | DOWN | MIXED | The current price of MFA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 68.13 | NEUTRAL | The RSI value for MFA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests MFA has a positive trend. |
| Stochastics (14,3) | 97.4 | OVERBOUGHT | The high Stochastics value suggests MFA may be overbought. |
| Average True Range in percent/ATR (20) | 1.97 | LOW VOLATILITY | The low ATR as a percentage value for MFA suggests low volalility. |
| Average Directional Index/ADX (14) | 23.2 | NEUTRAL | The ADX value for MFA suggests a possible start of a new trend. |
10.1
+0.19 (+1.92%)
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 Bearish.
What is the RSI signal for MFA FINANCIAL INC (MFA) stock?
MFA FINANCIAL INC (MFA) has an RSI value of 68.13. 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 10.02 and a resistance level at 10.41. Check the full technical report for our detailed analysis of MFA support and resistance levels.