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Advanced TA SearchArchive
- 4/19/2024 -
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AvalonBay Communities (AVB) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was a second consecutive positive week for the AvalonBay Communities (AVB). During the week, the AVB climbed 0.35 points, or 0.19%, and closed at 184.13 on Friday, April 19, 2024. AVB was trading at average weekly trading volume.
AVB is a member of Real Estate Sector. Real Estate is the second most oversold 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 AVB long-term trend chart]
A long-term uptrend had started on March 24, 2023 at 153.07 and reached 198.66 on July 24, 2023. AVB gained -45.59 points, or -29.78%, in 17 weeks. The price is now at the 31.87% retracement level.
Medium-term trend: [See AVB medium-term trend chart]
A medium-term uptrend had started on February 13, 2024 at 169.37 and reached 188.95 on April 9, 2024. AVB gained -19.58 points, or -11.56%, in 8 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
 Weekly Technical Indicators: [See AVB weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is above its signal line since March 1, 2024. 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 uptrend had started on April 3, 2024 at 178.31 and reached 188.95 on April 9, 2024. AVB gained -10.64 points, or -5.97%, in 6 days. The price is now at the 45.30% retracement level.
Daily Technical Indicators: [See AVB daily technical indicators chart]
Daily technical indicators are neutral.
During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.
During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward 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.
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