Mid-america Apartment Communities, Inc. | MAA

Daily Technical Analysis of Mid-america Apartment Communities, Inc.

Mid-america Apartment Communities is up a bit on the day, funds flowing in kept the price up 1.60% since yesterday.

It looks like Mid-america Apartment Communities isn't currently at a very decisive point in regards to support/resistance levels. MAA hasn't established a very clear directional momentum over the last few months. So it's not clear exactly where it's going. MAA might find some support at the 129.51 level, buyers might push the price back up from here. But it's not very clear what will happen.

Last analyzed on 2024-03-17

Analyst Ratings for Mid-america Apartment Communities By Price Target And Rating

The balance of viewpoints by the analysts is positive. The current Analysts Sentiment Score is 50.74. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. Mizuho announced a lowering of their price target to $126.00 from $132.00 on 2024-02-28. Morgan Stanley gave a boost to their price target and moved to $129.50 from $128.00 on 2024-02-26. The Goldman Sachs Group reiterated a rating of Buy on 2024-02-22 and provided a price target of $149.00. Royal Bank of Canada announced that they are reiterating a rating of Sector Perform on 2024-02-09 and added a price target of $136.00. On 2024-01-30 Deutsche Bank Aktiengesel started covering Mid-America Apartment Communities with a rating of Hold and added a price target of $139.00. On 2024-01-16 there was an upgrade provided by Truist Financial from Hold to Buy and moved up their price target to $158.00 which is a 2.6% increase. On 2024-01-16 there was an upgrade provided by Scotiabank from Sector Underperform to Sector Perform and provided a price target boost 10.53% to $147.00 from $133.00. Jefferies Financial Group reiterated a rating of Buy on 2024-01-02 and they lowered their price target by -2.86% to $136.00 from a previous target of $140.00. Colliers Securities upgraded from Neutral to Buy on 2023-11-28 and added a price target of $144.00. Piper Sandler downgraded from Overweight to Neutral on 2023-10-31 and decided to decrease their price target by -28.57% down to $130.00.

Company	Ratings Score ? Composite analyst sentiment score	Positive Ratings	Negative Ratings	Boost Price Target	Lower Price Target
MAA	50.74	132.33	-57.11	47.5	-21.23

Earnings Per Share (EPS) Estimates By Year and Quarter

(updated 2024-04-20)

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

Short interest for Mid-America Apartment 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
MAA	4.17	%2.7854	5.4	3.96	3250000

How Mid-America Apartment 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	138	0.44	0.59	-3.29	-2.93	14.24	4.09	43.34	13.65	7.24	6.96	-11371.15	-5211.49	14.67	4.17	4.84	15.81
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	158	0.51	0.78	-3.75	-4.37	13.73	3.52	43.40	13.43	6.54	7.18	-12899.15	-5712.78	12.82	4.59	4.86	16.80

Social Sentiment for Mid-America Apartment 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)
MAA

Companies with the highest correlation to Mid-America Apartment 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
CPT \| Camden Property Trust	2.13	1.44	1.58	3.32	4.26	10.85	-6.49	49	-2.34	-2.73	-9.25	-2100.03	-2221.90	2.98063
UDR \| UDR, Inc.	2.01	-0.16	2.43	3.47	3.83	12.86	-7.74	45	-2.22	-2.39	-7.79	-24183.32	-1913.90	0.842944
AVB \| AvalonBay Communities, In	1.91	0.07	2.45	5.59	7.47	14.11	7.77	51	1.96	2.05	1.35	-3337.84	-3007.50	3.10518
ESS \| Essex Property Trust, Inc	1.67	-0.12	2.93	3.02	3.92	18.40	16.77	44	4.21	8.40	13.67	-2939.13	-3174.11	2.59379
EQR \| Equity Residential	1.65	0.40	4.16	6.00	6.86	16.59	5.39	55	3.57	2.22	1.10	-1228.89	-3788.78	2.32328
INVH \| Invitation Homes Inc. Com	1.45	0.70	2.78	-1.00	3.80	19.52	5.63	59	5.84	4.61	3.34	-1880.38	-8483.71	2.97883
EGP \| EastGroup Properties Inc.	1.39	0.12	-4.54	-11.57	-14.77	-1.48	-5.38	40	3.08	9.02	17.71	-3297.38	-1788.03	2.52315
AMH \| AMERICAN HOMES 4 RENT	1.35	1.82	2.53	0.19	1.90	13.43	10.50	45	7.14	6.74	7.97	-2313.21	-9427.08	2.86288

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