AAT - American Assets Trust Inc

Industry: REIT - Retail Sector: Financial Exchange: NYSE

AAT - American Assets Trust Inc

Industry: REIT - Retail Sector: Financial Exchange: NYSE
#4371/#4898

Fri 20'th Oct 2017

PERIOD 2017-07-21 - 2017-10-20
CHANGE -2.01%
PRICE $39.07
VOLUME
Buy
TREND
Hold

MV LONG
Sell

MV SHORT
Sell

PIVOT
Sell

MACD
Buy

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American Assets Trust Inc Stock Analysis

Technical stock analysis for Fri 20'th Oct 2017

Sell candidate since 2017-10-19 Loss -2.01%

American Assets Trust Inc fell by -2.01% in the last day from $39.87 to $39.07 and has now fallen 8 days in a row. The price has fallen in 7 of the last 10 days and is down by -2.98% for this period. Volume has increased in the last day by 172 194 shares, but on falling prices. This is may be an early warning and the risk will be increased slightly for the next couple of days. In total, 325 004 shares bought and sold for approximately $12.70 million.

Trend

American Assets Trust Inc has broken the narrow and horizontal trend down. Breaks like this are often followed by swift and strong movements, and any correction down to the breakline at approximately $39.78 is considered to be a "second chance" to get out before further fall. It is, however, important to note that false breaks may appear and that the price may move back into the horizontal trend. A break on increasing volume is considered to be more significant and reliable than breaks on low volume.

Signals

There are few to none technical positive signals at the moment. American Assets Trust Inc holds sales signals from both short- and long-term moving averages. On corrections up there will be some resistance from the lines at $40.41 and $40.41. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Wednesday October 11, 2017, which indicates further falls until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Relative Strength Index (RSI)

RSI14 is 35 and the stock is currently not being overbought or oversold

Support & Resistance

There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days. On the upside the stock meets some resistance just above today's level from accumulated volume at $39.77, $40.09 and $40.20.

The stock is about to test the resistance from accumulated volume at $39.77 and this may cause the stock to take a minor break or get into a more sideways move for a few days.

Price: $39.07 Resistance: $39.77

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $1.06 (2.73%) between high and low. For the last week, the stock has had a daily average volatility of 1.66%.

Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.

Overall risk:

Very Low Low Medium High Very High

Evaluation

American Assets Trust Inc holds several negative signals and is within a narrow and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our recommendation for this stock since last evaluation from a Hold/Accumulate to a Sell Candidate.

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