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 last year, MFA was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
MFA has only a medium 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 very little resistance above the current price. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
8.99
We found 2 important support areas.
- A support zone ranging from 9.40 to 9.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.08 to 9.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- Resistance @9.68 from a trend line in the weekly time frame.
- A resistance zone ranging from 10.04 to 10.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | 24.7 | NEGATIVE | MFA has a low relative strength, it was outperformed by 75.3% off all stocks 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 | NEGATIVE | The current price of MFA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.37 | NEUTRAL | The RSI value for MFA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests MFA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.93 | OVERBOUGHT | The high Stochastics value suggests MFA may be overbought. |
| Average True Range in percent/ATR (20) | 1.69 | LOW VOLATILITY | The low ATR as a percentage value for MFA suggests low volalility. |
| Average Directional Index/ADX (14) | 20.82 | NEUTRAL | The ADX value for MFA suggests a possible start of a new trend. |
9.6
-0.03 (-0.31%)
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.
Can you provide the trend direction for MFA FINANCIAL INC?
The current trend direction for MFA FINANCIAL INC (MFA) is Bearish.
Can you provide the RSI signal for MFA FINANCIAL INC?
MFA FINANCIAL INC (MFA) has an RSI value of 58.3695. This indicates that the stock is currently neutral.
Can you provide the short term momentum for MFA FINANCIAL INC?
The short term momentum for MFA FINANCIAL INC (MFA) is positive.