MFA FINANCIAL INC (MFA) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:MFA • US55272X6076
Overall MFA gets a technical rating of 4 out of 10. 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.
- 65% of all other stocks performed better in the past year than MFA.
- MFA has an average volume of 1321090 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- MFA is an average performer in the Mortgage Real Estate Investment Trusts (REITs)" industry, it outperforms 47% of 68 stocks in the same industry.
- 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 9.26 - 10.19 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 average technical rating and it also 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
When analyzing the support we notice one important area.
- A support zone ranging from 8.91 to 9.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 9.96 to 9.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | NEUTRAL | NEUTRAL | The long term trend for MFA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MFA is neutral. |
| ChartMill Relative Strength | 35.42 | NEUTRAL | MFA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MFA is below 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) | 45.46 | NEUTRAL | The RSI value for MFA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MFA has a negative trend. |
| Stochastics (14,3) | 62.63 | NEUTRAL | The Stochastics value for MFA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.33 | MEDIUM VOLATILITY | The ATR as a percentage value for MFA suggests some volalility. |
| Average Directional Index/ADX (14) | 29.57 | POSITIVE | The high ADX value value for MFA suggests a strong trend. |
9.64
-0.5 (-4.93%)
MFA FINANCIAL INC / MFA FAQ
Can you provide the ChartMill technical rating for MFA FINANCIAL INC?
ChartMill assigns a technical rating of 4 / 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 45.4589. 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 9.63 and a resistance level at 9.96. Check the full technical report for our detailed analysis of MFA support and resistance levels.