AVB stock: buy or sell

AVB stock price: $193.62 0.49% At close on Apr 21st, 2021

Updated on:
Apr 22nd, 2021

2

AVB stock brief

  • Counting on Wednesday, it's been 5 consecutive sessions in green for AvalonBay. Price closed on Wednesday at $193.62 after only moving a 0.49%.
  • The price is currently higher than the upper Bollinger band, which usually indicates a short-term correction

Should I buy AvalonBay stock?

All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is $AVB stock a buy?

Currently, AvalonBay stock doesn't match any of these trading strategies, so our recommendation is not to buy now. This doesn't mean we expect a selloff for $AVB in coming sessions, or that it may not rise higher. Simply, it doesn't match our recommended trading systems

Should I sell AvalonBay stock?

Do you know when is it time to sell AvalonBay?. Trading strategies allow us to avoid impetuous decisions based on our sentiments or the buzz surrounding the market. When selling, as well as buying, our setups are very easy to use and are only valid for selling shares in your porfolio, not for selling short AvalonBay stock

A golden rule is that you must never keep an investment that results in losses greater than those expected at the time of the buy. The moment to sell shares always has to be dictated by the stop-loss (automatic or manual)

Is it time to sell AvalonBay stock?

In the current situation of AvalonBay there is not any eligible sell setup, so AvalonBay stock holders with operations in green can keep their positions

AvalonBay ratings

In the last 30 days, 5 brokerage ratings were published for AvalonBay

AvalonBay analysts' ratings - Last 30 days
Brokerage firmRating
Mar 23rd, 2021
Zelman & Associates Strong sellNeutral
Mar 24th, 2021
BTIG Research Strong buy
Deutsche Bank Aktiengesellschaft NeutralStrong sell
Mar 30th, 2021
Deutsche Bank Aktiengesellschaft NeutralStrong sell
Royal Bank of Canada

AvalonBay stock analysis

Since in October 2020, AvalonBay has been printing an uptrend that so far marked a gorgeous 50.15%. During this uptrend, the price offered some buy points on the breakouts. Latest pullback was in early March, when price bounced at $173.37. AvalonBay broke out above $184.08 (its last top) in late March. That breakout was a good buying opportunity

SMAs overview

AVB stock SMAs chart

Supports and resistances

The current resistance levels are:

  • R1: $194.63 (0.52% above)
  • R2: $194.65 (0.53% above)
  • R3: $195.81 (1.13% above)
  • The current support levels are:

  • S1: $192.71 (-0.47% below)
  • S2: $191.39 (-1.15% below)
  • S3: $190.37 (-1.68% below)
  • Bollinger bands

    The actual range between the upper and lower bands is less than 5%, which means that price volatility is low. Reduced volatility is often the antecedent to a sharp movement (up or down), so we must be alert and manage our buy or sell orders accordingly

    AVB stock Bollinger Bands chart

    Relative strength index

    The RSI dropped below the overbought level of 70 in mid-March after just crossing to the overbough zone for 1 day (weak signal). The RSI reading on Wednesday was 66.86. Since then, AvalonBay shares just moved a 0.96%

    AVB stock RSI chart

    AvalonBay stock price history

    AvalonBay went public priced at an adjusted price1 of $7.78 on Mar 1994. Since then, AVB stock surged by 2,388.69%, with an average of 88.47% per year. An investment of $1,000USD on Mar 1994 would have a value of $24,886.89 today.

    1: Adjusted price after possible price splits or reverse-splits

    AVB stock price history chart

    Price target for AvalonBay stock

    How much a stock will be priced tomorrow or next week is quite unpredictable. However, many stock price forecasts are published every day by banks, financial institutions and independent analysts.

    The following table shows the price predictions posted by financial institutions in the last month. If you are a small investor you should not trade based on these price targets.

    There are 3 price predictions published for AvalonBay that average $176.67. AvalonBay closed at $193.62 on Wednesday, so the target price is expecting a decrease by 8.75%.

    AvalonBay stock price predictions
    Brokerage firmPrice target
    Mar 23rd, 2021
    Zelman & Associates Not available
    Mar 24th, 2021
    BTIG Research $200.00$206.00
    Deutsche Bank Aktiengesellschaft $160.00$162.00
    Mar 30th, 2021
    Deutsche Bank Aktiengesellschaft $160.00$162.00
    Royal Bank of Canada Not available

    Earnings and financials

    Earnings call was hosted by AvalonBay ($AVB) last February after presenting the financial report. AVB posted earnings of $2.02 per share on revenue of $555.8 million. The Wall St estimate was $0.86 per share on revenue of $562.4 million.

    This compares to Earnings of $1.20 per share same quarter last year, so current EPS is a gain of 68.33%. Turnover fell a -7.88% on an annualized basis in the , from $6.0B to $5.5B last quarter.

    AVB ($AVB) is hosting the earnings call next Wednesday. Wall Street estimates of $0.73, compared to previous quarter that made $2.02.

    AvalonBay performance

    AVB performance compared
    Company1m3m6m
    AvalonBay ($AVB) 5.20% 18.80% 34.40%

    Disclaimer:
    The opinions written in this article are personal and not recommendations for you to buy or sell stocks. The author of this text does not have an understanding of the individual positions of the reader, his or her financial statements or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Viewpoints are provided for informational purposes only

    AVB summary

    Wednesday, April 21st, 2021
    Open$192.92
    Close$193.62
    Day range$191.25 - $194.36
    Previous close$192.68
    Session gain0.49%
    Average true range$2.85
    50d mov avg$182.97
    100d mov avg$172.10
    200d mov avg$161.10
    Earnings dateMay 5th, 2021

    Frequently asked questions

    What is AvalonBay stock symbol?

    AvalonBay Communities, Inc. is a public company trading in the US stock market with the AVB symbol

    Is AvalonBay stock a buy or sell?

    AvalonBay received 5 ratings in the last 30 days: 1 bullish, 2 bearish and 1 neutral.

    Will AVB go up?

    AvalonBay had different price predictions issued by market analysts in the last month setting the target price to $176.67. That is a 8.75% than the current price ($193.62).