|
|
|
|
Residential REITs Industry Stocks Technical Analysis - MAAArchive
- 11/22/2024 -
Sign In to see current Signals. |
Mid-America Apartments (MAA) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :
Move cursor over the icon to see details.
| | It was a first positive week for the Mid-America Apartments (MAA). During the week, the MAA climbed 1.50 points, or 0.95%, and closed at 159.40 on Friday, November 22, 2024. Weekly volume was -45% below average.
MAA is a member of Real Estate Sector. Real Estate is the second most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See MAA long-term trend chart]
A long-term downtrend had started on December 31, 2021 at 231.63 and reached 115.56 on November 1, 2023. MAA lost 116.07 points, or 50.11%, in 95 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (110.29) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
 Medium-term trend: [See MAA medium-term trend chart]
A medium-term uptrend had started on February 13, 2024 at 121.51 and reached 167.39 on September 16, 2024. MAA gained -45.88 points, or -37.76%, in 30 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 131.68 and resistance is at 181.20. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.
 Weekly Technical Indicators: [See MAA weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since October 11, 2024. The distance between MACD and the signal line is low and getting smaller. Use the following link to access a MACD help.
 Short-term trend: [See MAA short-term trend chart]
A short-term downtrend had started on November 13, 2024 at 162.40 and reached 155.90 on November 15, 2024. MAA lost 6.50 points, or 4.00%, in 2 days. The price is now at the 53.85% retracement level.
Daily Technical Indicators: [See MAA daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is above its signal line since November 4, 2024. The distance between MACD and the signal line is low and getting smaller.
| |
|
|
|
|
| Daily Oscillators |
|
|
| Weekly Oscillators |
|
|
| Trading
Signals |
|
|
|
| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Real Estate |
8 |
| Industry |
Residential REITs |
46 |
|
| Daily Trend |
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| High |
162.40 |
| High Date |
11/13/2024 |
| Low |
155.90 |
| Low Date |
11/15/2024 |
|
| Weekly Trend |
|
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
|
| Resistance |
|
| Support |
|
| High |
167.39 |
| High Date |
09/16/2024 |
| Low |
149.10 |
| Low Date |
11/01/2024 |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Broadening Ascending Wedge |
| Status |
Valid |
| Resistance |
181.20 |
| Support |
131.68 |
| Low |
121.51 |
| Low Date |
02/13/2024 |
| High |
167.39 |
| High Date |
09/16/2024 |
|
| Quarterly Trend |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
|
| Resistance |
|
| Support |
|
| Low |
115.56 |
| Low Date |
11/01/2023 |
| High |
167.39 |
| High Date |
09/16/2024 |
|
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Falling Wedge |
| Status |
Broken Resistance |
| Resistance |
99.28 |
| Support |
110.29 |
| High |
231.63 |
| High Date |
12/31/2021 |
| Low |
115.56 |
| Low Date |
11/01/2023 |
|
|