MFA FINANCIAL INC (MFA) Technical Analysis
NYSE:MFA • US55272X6076
Current stock price
MFA Technical Rating and Analysis
Overall MFA gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, MFA is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- MFA is one of the better performing stocks in the Mortgage Real Estate Investment Trusts (REITs)" industry, it outperforms 79% of 68 stocks in the same industry.
- MFA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MFA is lagging the market slightly.
- MFA is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- MFA has an average volume of 1399870 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 47% of all stocks.
MFA Weekly and Daily overview Charts
MFA Setup Rating and Analysis
MFA has an excellent technical rating and also presents 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 a resistance zone just above the current price starting at 10.24. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.17, 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.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
MFA Support and Resistance Analysis
8.82
3 important support areas can be observed.
- A support zone ranging from 9.89 to 10.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.49 to 9.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 8.91 to 9.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 10.24 to 10.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
MFA Technical Indicator Signal Analysis
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 | 47.7 | 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) | UP | POSITIVE | The current price of MFA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.91 | NEUTRAL | The RSI value for MFA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests MFA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.78 | OVERBOUGHT | The high Stochastics value suggests MFA may be overbought. |
| Average True Range in percent/ATR (20) | 2 | LOW VOLATILITY | The low ATR as a percentage value for MFA suggests low volalility. |
| Average Directional Index/ADX (14) | 17.34 | NEGATIVE | The low ADX value for MFA suggests a weak or negative trend. |
MFA Chart- and CandleStick Pattern Analysis
MFA Example Setup
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 |
|---|---|---|---|
| 10.41 | 9.88 | 0.53 (5.09%) | 19.64% |
| An entry @10.41. This is a Buy Stop order right above the resistance zone. | An exit @9.88. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.53 points, which is 5.09%. | When investing 19.64% 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.
MFA Technicals: Chart, Performance Metrics, Trend & Indicators
10.21
+0.04 (+0.39%)
MFA FINANCIAL INC / MFA TA 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 Bullish.
What is the RSI signal for MFA stock?
MFA FINANCIAL INC (MFA) has an RSI value of 57.9078. This indicates that the stock is currently neutral.
What is the short term momentum for MFA stock?
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.