Avalonbay Communities, Inc. | AVB

Daily Technical Analysis of Avalonbay Communities, Inc.

Investors didn't show much interest in one Avalonbay Communities way or another today. It hasn't moved too much today but is slightly down, it lost -0.54% since yesterday.

Currently AVB isn't at a clear support/resistance line that seems tradable. Avalonbay Communities has been drifting up over the last few months, we'll see if it has the energy to keep moving in the right direction. AVB might find some support at the 162.59 level, buyers might push the price back up from here. But it's not very clear what will happen.

Last analyzed on 2024-11-13

Analyst Ratings for Avalonbay Communities By Price Target And Rating

The analysts are pretty neutral on AvalonBay Communities right now, so not much useful information here. The current Analysts Sentiment Score is -1.93. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. On 2024-01-16 there was a downgrade announced by Truist Financial from Buy to Hold but moved up their price target to $203.00 which is a 0.5% increase. Mizuho gave a boost to their price target and moved to $188.00 from $176.00 on 2024-01-10. KeyCorp reiterated a rating of Overweight on 2024-01-05. On 2024-01-02 there was a downgrade announced by Wolfe Research from Outperform to Peer Perform. Evercore ISI provided a price target boost of 2.73% to $188.00 from $183.00 on 2023-11-30. JPMorgan Chase & Co. announced an upgrade on 2023-11-29 from Underweight to Neutral but dropped their 1 year price target to $194.00 which is down from $201.00. Piper Sandler upgraded from Neutral to Overweight on 2023-10-31 but decided to decrease their price target by -1.52% down to $194.00. On 2023-10-03 Wedbush started covering AvalonBay Communities with a rating of Neutral and provided a price target of $179.00. On 2023-09-22 Barclays lowered their price target by -0.51% to $194.00. Colliers Securities upgraded from Neutral to Buy on 2023-09-14 and added a price target of $202.00.

Company	Ratings Score ? Composite analyst sentiment score	Positive Ratings	Negative Ratings	Boost Price Target	Lower Price Target
AVB	-1.93	4.15	-8.59	1.03	-0.45

Earnings Per Share (EPS) Estimates By Year and Quarter

(updated 2024-04-05)

Company	YOY Growth Score (typical -20 to +20)	Revision Directions (-6 to +6)
AVB	0.00	0.00

Short interest for AvalonBay Communities

We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.

Company	Short Score (typical 1-15) ? We take into account several different measures and attributes of short interest to create a composite sentiment score. typical range (0 - 30)	Short Interest	Days to Cover	Rate of Change	Shares Short
AVB	3.11	%1.72511	3.8	25.146	2450000

How AvalonBay Communities compares to the broader Real Estate sector and the more specific REITs industry

Segment	Count	1 Day%	5 Day	1 Month	3 Month	6 Month	1 Year	RSI	3mo S-momo ? Smooth Momentum is our proprietary technical indicator that looks for momentum with the greatest consistency and steady velocity. We have penalized dramatic swings and fluctuations. If the momentum is too high and an asset spikes upward, this is often unreliable and collapses back down. But the smoothed momentum provides the highest probability of continuing into the near future with the same directional rate of change. Several complex factors are weighted by neural nets to maximize probabilistic accuracy. It works the same with positive or negative directions.	6mo S-momo	1yr S-momo	Resistance ? Support and Resistance levels are determined by previous high and low points. You may be familiar with traders drawing lines across charts where several peaks or valleys occur in the same range. This helps us understand the trading range of an asset where the market doesn't perceive it to be worth more or less than a certain price level. When it nears the boundaries of this range the probability of reversal can increase. Our neural nets create scores for this measure based on many factors such as the frequency, recency, size, consistency, etc of previous reversal points.	Support	Demark Sell ? Demark 9 indicators are designed to look for exhaustion in the selling or buying trend which can often be predictive of a reversal point. This indicator is triggered when there are 9 consecutive days where the closing price is higher/lower than the closing price 4 days ago. Like all indicators, it is best used in combinations with other factors.	Demark Buy	Short Interest	Analysts Ratings ? We track several different measures of analyst sentiment including ratings and price targets. To create a composite Analyst Sentiment Score, we weight several factors such as the recent rate of change which can be more predictive than the absolute level. We also weight each analyst's opinion based on their historic accuracy. We built in a time decay function to ensure that the rating reflects the current sentiment levels. Typical range (-80 to +80)
REITs Show Me Companies With: S-Momentum: Highest \| Lowest At Bottom Support At Top Resistance RSI Highest \| Lowest 1 Day Growth: Highest \| Lowest 5 Day Growth: Highest \| Lowest 1 Month Growth: Highest \| Lowest 6 Month Growth: Highest \| Lowest List All Stocks	136	-0.42	0.40	-0.96	0.34	12.42	19.35	54.80	28.72	27.25	20.42	-6017.01	-15559.06	0.74	5.15	4.89	1.64
Real Estate Show Me Companies With: S-Momentum: Highest \| Lowest At Bottom Support At Top Resistance RSI Highest \| Lowest 1 Day Growth: Highest \| Lowest 5 Day Growth: Highest \| Lowest 1 Month Growth: Highest \| Lowest 6 Month Growth: Highest \| Lowest List All Stocks	156	-0.36	0.35	-0.87	0.69	14.45	21.60	54.51	31.18	27.80	21.60	-5674.43	-15585.76	1.60	4.49	4.91	1.70

Social Sentiment for AvalonBay Communities

Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.

Ticker	Social Sentiment(1-10)
AVB

Companies with the highest correlation to AvalonBay Communities

Company	Score	1 Day%	5 Day	1 Month	3 Month	6 Month	1 Year	RSI	3mo S-momo ? Smooth Momentum is our proprietary technical indicator that looks for momentum with the greatest consistency and steady velocity. We have penalized dramatic swings and fluctuations. If the momentum is too high and an asset spikes upward, this is often unreliable and collapses back down. But the smoothed momentum provides the highest probability of continuing into the near future with the same directional rate of change. Several complex factors are weighted by neural nets to maximize probabilistic accuracy. It works the same with positive or negative directions.	6mo S-momo	1yr S-momo	Resistance ? Support and Resistance levels are determined by previous high and low points. You may be familiar with traders drawing lines across charts where several peaks or valleys occur in the same range. This helps us understand the trading range of an asset where the market doesn't perceive it to be worth more or less than a certain price level. When it nears the boundaries of this range the probability of reversal can increase. Our neural nets create scores for this measure based on many factors such as the frequency, recency, size, consistency, etc of previous reversal points.	Support	Short Interest Score
EQR \| Equity Residential	2.48	0.00	0.45	-1.00	-0.16	12.51	30.86	67	21.75	47.23	57.46	-882.52	-22964.03	2.32328
UDR \| UDR, Inc.	2.3	-0.36	-0.47	-0.38	0.34	14.25	35.18	75	21.67	50.47	42.56	-475.65	-25415.18	0.842944
ESS \| Essex Property Trust, Inc	2.11	-0.02	-0.40	1.65	0.84	15.86	41.20	73	22.99	49.16	61.92	-506.54	-33472.92	2.59379
MAA \| Mid-America Apartment Com	1.91	-0.25	0.24	1.07	-2.33	18.67	29.76	83	19.46	36.10	28.59	-605.15	-25343.59	4.16765
CPT \| Camden Property Trust	1.67	0.02	-0.10	1.94	-2.71	16.40	36.38	77	20.23	38.34	42.45	-670.11	-25627.79	2.98063
ARE \| Alexandria Real Estate Eq	1.57	-0.17	-3.66	-10.35	-12.43	-12.04	0.52	30	-5.98	-7.27	-8.22	-15946.66	-2077.36	4.58275
AMH \| AMERICAN HOMES 4 RENT	1.52	-0.11	0.08	-2.80	-4.28	4.08	4.80	75	0.56	3.50	7.43	-1094.13	-14964.08	2.86288
INVH \| Invitation Homes Inc. Com	1.48	-0.97	0.48	-1.81	-7.54	-2.38	1.63	69	-5.65	-3.93	-8.46	-4149.43	-1632.70	2.97883

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