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- 4/26/2024 -
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Alexandria Real Estate Equities (ARE) Technical Analysis

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Summary:
Weekly :Broken trend support line
Daily :20 Day Moving Average has crossed below the 50 Day Moving AverageWilliams' Percentage Range is oversoldStochastic signal line moved above oversold areaThe price has risen above the Parabolic SAR
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It was a first positive week after 3 consecutive negative weeks for the Alexandria Real Estate Equities (ARE). During the week, the ARE climbed 0.55 points, or 0.48%, and closed at 116.24 on Friday, April 26, 2024. ARE was trading at average weekly trading volume.

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 Channel chart pattern. The trend support level is at 73.57 and resistance is at 131.73. A Falling 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 Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel pattern in a long-term trend.

Medium-term trend: [See ARE medium-term trend chart]
A medium-term uptrend had started on October 31, 2023 at 90.73 and reached 135.45 on December 14, 2023. ARE gained -44.72 points, or -49.29%, in 6 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend support line (125.89) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. ARE may retest the broken support line. It is considered to be a resistance 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 support in a medium-term trend.

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

The weekly MACD line is below its signal line since April 12, 2024. The distance between MACD and the signal line is low, but getting bigger. Use the following link to access a MACD help.

Short-term trend: [See ARE short-term trend chart]
A short-term uptrend had started on April 18, 2024 at 114.66 and reached 123.20 on April 23, 2024. ARE gained -8.54 points, or -7.45%, in 5 days. The price is now at the 81.50% retracement level.

Daily Technical Indicators: [See ARE daily technical indicators chart]
Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. 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 daily MACD line is below its signal line since April 9, 2024. The distance between MACD and the signal line is low and getting smaller.

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.

During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish 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) 30.30
Williams' Percentage Range (W%R) 81.10
Oversold
Lane's Stochastic (%D-Slow) 37.71
Greed/Fear Indicator (GFI) 28.98
Moving Average Converg./Diverg. (MACD) -1.47
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 41.63
Williams' Percentage Range (W%R) 73.90
Lane's Stochastic (%D-Slow) 55.19
Greed/Fear Indicator (GFI) 43.01
Moving Average Converg./Diverg. (MACD) 1.93
Trading Signals
Description Value Chart
Yearly Trendline Resistance 131.73
Quarterly Trendline Resistance 128.87
Upper Bollinger Band 128.13
Quarterly Trendline Support 125.89
50 Day Moving Average 122.78
Weekly Stochastic Crossing 121.98
20 Day Moving Average 121.05
Daily Stochastic Crossing 117.85
Price 116.24
Parabolic System 115.05
Lower Bollinger Band 112.54
Sector and Industry
Description Name Rank
Sector Real Estate 3
Industry Office REITs 50
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 114.66
Low Date 04/18/2024
High 123.20
High Date 04/23/2024
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 129.81
High Date 04/09/2024
Low 114.66
Low Date 04/18/2024
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 135.45
High Date 12/14/2023
Low 111.19
Low Date 02/13/2024
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Symmetric Triangle
Status Broken Support
Resistance 128.87
Support 125.89
Low 90.73
Low Date 10/31/2023
High 135.45
High Date 12/14/2023
Description Value
Direction Down
Chart Pattern Falling Channel
Status Valid
Resistance 131.73
Support 73.57
High 224.95
High Date 12/31/2021
Low 90.73
Low Date 10/31/2023
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.