The Greedy Trader Weekly Analysis
Sign In Jan 22, 2021
Skip Navigation Links
Symbol:  

• Symbol Lookup
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Archive
- 1/15/2021 -
Sign In to see current Signals.

AvalonBay Communities (AVB)

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Broken trend support line
Daily :Broken trend resistance lineDaily  MACD line has moved above its signal lineThe price has risen above the Parabolic SARPrice has crossed above the 50 Day Moving AverageThe price touches the upper Bollinger BandThe Bollinger Bands are historically close together
Move cursor over the icon to see details.

It was a first positive week for the AvalonBay Communities (AVB). During the week, the AVB gained 5.56 points, or 3.51%, and closed at 164.00 on Friday, January 15, 2021. Weekly volume was -28% below average.

Long-term trend: [See AVB long-term trend chart]
A long-term uptrend had started on March 6, 2009 at 38.34 and reached 229.40 on February 19, 2020. AVB gained -191.06 points, or -498.33%, in 571 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (178.29) is broken. A broken support is considered to be a long-term bearish 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 support in a long-term trend.

Medium-term trend: [See AVB medium-term trend chart]
A medium-term uptrend had started on March 23, 2020 at 118.17 and reached 184.49 on November 9, 2020. AVB gained -66.32 points, or -56.12%, in 33 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 132.50 and resistance is at 187.20. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a medium-term trend.

Weekly Technical Indicators: [See AVB weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is above its signal line since June 5, 2020. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. Use the following link to access a MACD help.

Short-term trend: [See AVB short-term trend chart]
A short-term downtrend had started on November 9, 2020 at 184.49 and reached 154.84 on January 5, 2021. AVB lost 29.65 points, or 16.07%, in 57 days. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (151.69) 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 short-term trend.

Daily Technical Indicators: [See AVB daily technical indicators chart]
Daily technical indicators are neutral.

During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

The price touches the upper Bollinger Band. The distance between the Bollinger Bands (5.34%) is close to one year low (4.96%). It is 69.86% lower than one year average. It indicates the period of low volatility of the stock price, and it is considered a buy signal for the option traders. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

During the last week, the price has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 60.55
Williams' Percentage Range (W%R) 44.10
Lane's Stochastic (%D-Slow) 62.05
Greed/Fear Indicator (GFI) 59.50
Moving Average Converg./Diverg. (MACD) -1.24
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 53.20
Williams' Percentage Range (W%R) 45.90
Lane's Stochastic (%D-Slow) 45.13
Greed/Fear Indicator (GFI) 51.75
Moving Average Converg./Diverg. (MACD) -1.49
Trading Signals
Description Value Chart
Monthly Trendline Resistance 187.20
Yearly Trendline Support 178.29
Upper Bollinger Band 164.18
Price 164.00
Weekly Stochastic Crossing 163.63
50 Day Moving Average 163.31
Daily Stochastic Crossing 161.48
20 Day Moving Average 158.62
Weekly Trendline Resistance 158.17
Parabolic System 155.55
Lower Bollinger Band 155.44
Weekly Trendline Support 151.69
Monthly Trendline Support 132.50
Sector and Industry
Description Name Rank
Sector Real Estate 4
Industry REIT - Residential 25
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 154.84
Low Date 01/05/2021
High 164.30
High Date 01/15/2021
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 158.17
Support 151.69
High 184.49
High Date 11/09/2020
Low 154.84
Low Date 01/05/2021
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 187.20
Support 132.50
Low 118.17
Low Date 03/23/2020
High 184.49
High Date 11/09/2020
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 229.40
High Date 02/19/2020
Low 118.17
Low Date 03/23/2020
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Support
Resistance 239.34
Support 178.29
Low 38.34
Low Date 03/06/2009
High 229.40
High Date 02/19/2020
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.

Copyright© 2004-2018 All rights reserved.