MFA FINANCIAL INC (MFA) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:MFA - US55272X6076 - REIT
Overall MFA gets a technical rating of 7 out of 10. Although MFA is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
MFA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 10.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 9.68, 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. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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 9.68. 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 10.00 to 10.08. 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 | UP | POSITIVE | The long term trend for MFA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MFA is up. |
| ChartMill Relative Strength | 33.21 | 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) | 59.86 | NEUTRAL | The RSI value for MFA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MFA has a positive trend. |
| Stochastics (14,3) | 70.54 | NEUTRAL | The Stochastics value for MFA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.54 | LOW VOLATILITY | The low ATR as a percentage value for MFA suggests low volalility. |
| Average Directional Index/ADX (14) | 23.15 | NEUTRAL | The ADX value for MFA suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 10.09 | 9.47 | 0.62 (6.14%) | 16.27% |
| An entry @10.09. This is a Buy Stop order right above the resistance zone. | An exit @9.47. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.62 points, which is 6.14%. | When investing 16.27% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
9.78
+0.11 (+1.14%)
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.
Can you provide the trend direction for MFA FINANCIAL INC?
The current trend direction for MFA FINANCIAL INC (MFA) is Bullish.
Can you provide the RSI signal for MFA FINANCIAL INC?
MFA FINANCIAL INC (MFA) has an RSI value of 59.8607. 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.
What is the buy/sell signal for MFA FINANCIAL INC (MFA) stock?
The buy/sell signal for MFA FINANCIAL INC (MFA) is buy as both the short term and long term trends are positive.