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Downtrend Broken Resist.Archive - 5/2/2025 - Sign In to see current Signals. |
AvalonBay Communities (AVB) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :    Move cursor over the icon to see details.
| | It was a fourth consecutive positive week for the AvalonBay Communities (AVB). During the week, the AVB gained 6.40 points, or 3.11%, and closed at 212.20 on Friday, May 2, 2025. Weekly volume was 31% above average. AVB is a member of Real Estate Sector. Real Estate is the 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 AVB long-term trend chart] A long-term uptrend had started on March 6, 2009 at 38.34 and reached 259.05 on March 29, 2022. AVB gained -220.71 points, or -575.67%, in 681 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (235.69) 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 24, 2023 at 153.07 and reached 239.30 on November 27, 2024. AVB gained -86.23 points, or -56.33%, in 87 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 178.88 and resistance is at 251.81. 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 AVB weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since October 18, 2024. 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 March 4, 2025 at 230.20 and reached 180.40 on April 9, 2025. AVB lost 49.80 points, or 21.63%, in 36 days. The chart has formed a Broadening Descending Wedge chart pattern. The downtrend resistance line (156.93) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. AVB may retest the broken resistance line. It is considered to be a support line now. 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 Relative Strength Index and Lane's Stochastic are overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Relative Strength Index and Lane's Stochastic or strongly overbought daily 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, Relative Strength Index and Williams' Percentage Range help. The daily MACD line is above its signal line since April 16, 2025. 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.
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