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Downtrend Broken Resist.Archive - 12/13/2024 - Sign In to see current Signals. |
Alexandria Real Estate Equities (ARE) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was the negative week for the Alexandria Real Estate Equities (ARE). During the week, the ARE dropped -1.15 points, or -1.11%, and closed at 102.70 on Friday, December 13, 2024. Weekly volume was 23% above average. Long-term trend: [See ARE long-term trend chart] A long-term downtrend had started on December 31, 2021 at 224.95 and reached 90.73 on October 31, 2023. ARE lost 134.22 points, or 59.67%, in 95 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (51.22) 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 ARE medium-term trend chart] A medium-term downtrend had started on December 14, 2023 at 135.45 and reached 101.40 on December 13, 2024. ARE lost 34.05 points, or 25.14%, in 52 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend support line (106.62) is broken, while daily and weekly technical indicators are oversold. Downtrend is exhausted and trend reversal is possible soon. 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 support in a medium-term trend. Weekly Technical Indicators: [See ARE weekly technical indicators chart] Weekly Lane's Stochastic is oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold weekly Lane's Stochastic or strongly oversold weekly Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help. The weekly MACD line is below its signal line since October 18, 2024. This is an indication that the medium-term trend is down. Use the following link to access a MACD help. Short-term trend: [See ARE short-term trend chart] A short-term downtrend had started on October 16, 2024 at 123.10 and reached 101.40 on December 13, 2024. ARE lost 21.70 points, or 17.63%, in 58 days. The price is now at the 5.99% retracement level. Daily Technical Indicators: [See ARE daily technical indicators chart] Daily Lane's Stochastic is oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Lane's Stochastic or strongly oversold daily Williams' Percentage Range. The daily MACD line is below its signal line since December 10, 2024. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term downtrend is getting stronger.
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