MFA FINANCIAL INC (MFA) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:MFA - US55272X6076 - REIT
Overall MFA gets a technical rating of 5 out of 10. In the past year, MFA was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
Although the technical rating is only medium, MFA does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 9.61, a Stop Loss order could be placed below this zone. 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
8.82
When analyzing the support we notice one important area.
- A support zone ranging from 8.91 to 9.61. 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.
- Resistance @9.71 from a trend line in the daily time frame.
- Resistance @10.02 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 | UP | POSITIVE | The short term trend for MFA is up. |
| ChartMill Relative Strength | 45.39 | 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) | 55.73 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 63.2 | NEUTRAL | The Stochastics value for MFA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.93 | LOW VOLATILITY | The low ATR as a percentage value for MFA suggests low volalility. |
| Average Directional Index/ADX (14) | 18.26 | NEGATIVE | The low ADX value for MFA suggests a weak or negative trend. |
9.69
0 (0%)
MFA FINANCIAL INC / MFA FAQ
Can you provide the ChartMill technical rating for MFA FINANCIAL INC?
ChartMill assigns a technical rating of 5 / 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 55.7293. 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 9.61 and a resistance level at 9.71. Check the full technical report for our detailed analysis of MFA support and resistance levels.