AVB stock: buy or sell
Updated on:
Jul 29th, 2021
2
AVB stock brief
- AvalonBay stock slightly moved -0.36% to close at $227.45 on the stock market on Wednesday.
- On Wednesday, AvalonBay released its Q2 earnings report
Should I buy AvalonBay stock?
Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. 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?
In the current situation of AvalonBay there is not any eligible buy setup. 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?
When you are a novel trader and you own stock shares with some profit, it's really hard to decide the good moment to sell and get your benefits. Trading strategies allow us to avoid impetuous decisions based on our feelings or the buzz surrounding the market. We like very simple setups to guide us on when is a good moment to sell our shares. Be aware that these setups are not intended for shorting AvalonBay stock
As a rule of thumb, you must never mantain an open trade that generates losses greater than those expected by the time of the buy. The timing to sell shares must always be determined 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
We don't have any rating posted in the last month for AvalonBay
AvalonBay stock analysis
AvalonBay stock started an uptrend in October 2020, and grew an amazing 77.72%. During this uptrend, the price gave some buy points on the breakouts. Latest low was in mid-June, when price bounced at $204.37. AvalonBay broke out above $215.02 (its last top) on July 7. That breakout was a good entry point
SMAs overview
Supports and resistances
Price is at highs and there are not upper resistance levels.
The current supports are:
Bollinger bands
Since the price surpassed the upper band on July 20, the price has corrected downwards by 0.87%. The price is moving near to the upper Bollinger band, poiting some level of overbought in recent sessions. This is not a sell point, as price can trade in these levels for many days and weeks
Relative strength index
The RSI dropped below the overbought level of 70 on July 22 after just crossing to the overbough zone for a single day (weak signal). The RSI reading on Wednesday was 64.37. Since RSI lost the overbought zone, AvalonBay stock merely moved a 0.32%
AvalonBay stock price history
AvalonBay started trading priced at an adjusted price1 of $7.72 on Mar 1994. Since then, AVB stock has risen by 2,846.24%, with an average of 105.42% per year. An investment of $1,000USD on the IPO would worth $29,462.44 today.
1: Adjusted price after possible price splits or reverse-splits
Price target for AvalonBay stock
How much a stock will be priced tomorrow or next week is quite unpredictable. However, many stock price predictions are issued every day by banks, financial institutions and independent analysts.
The following table shows the price forecasts released by financial institutions over the last 30 days. Again, these estimates are not direct recommendations for small traders and should not be trusted blindly.
In the previous 30 days we couldn't find any price target published for AvalonBay stock.
Earnings and financials
On Wednesday, AvalonBay ($AVB) had the quarterly investors event and presented the report.
Same quarter one year ago, reported EPS was $1.21, so recently reported EPS means -100.00%. Revenue went down a -8.64% on an annualized basis in the , from $6.0B to $5.5B last quarter.AVB ($AVB) is releasing Q3 earnings report next October.
AvalonBay performance
| Company | 1m | 3m | 6m |
|---|---|---|---|
| AvalonBay ($AVB) | 8.20% | 19.20% | 40.80% |
Disclaimer:
The comments expressed in this article are personal and not recommendations for you to buy or sell shares. The author of this document does not have any knowledge of the individual conditions of the reader, his or her own finances 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 Thoughts are posted for informational reasons onlyAVB summary
| Wednesday, July 28th, 2021 | |
|---|---|
| Open | $228.34 |
| Close | $227.45 |
| Day range | $227.09 - $229.5 |
| Previous close | $228.28 |
| Session gain | -0.36% |
| Average true range | $4.57 |
| 50d mov avg | $212.77 |
| 100d mov avg | $200.16 |
| 200d mov avg | $180.09 |
| Earnings date | October 26th, 2021 |