Tue 14'th Aug 2018
American Assets Trust Inc Stock Analysis
Technical stock analysis for Tue 14'th Aug 2018
|Shorts||1.44% ( 2018-07-31 )|
|Loans||2 649.8 mill|
American Assets Trust Inc gained 0.78% in the last trading day, rising from $38.31 to $38.61 The price has fallen in 6 of the last 10 days , but is still up by 0.47% over the past 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 23 594 more shares were traded than the day before. In total, 116 400 shares bought and sold for approximately $4.49 million.
American Assets Trust Inc lies in the middle of a weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 9.03% during the next 3 months and, with 90% probability hold a price between $40.79 and $44.02 at the end of this period.
American Assets Trust Inc holds a sales signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock. On further gains, the stock will meet resistance from the short-term moving average at approximately $38.62. On a fall, the stock will find some support from the long-term average at approximately $38.16. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sales signal. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sales signal was issued from a pivot top point on Friday August 03, 2018, which indicates further falls until a new bottom pivot has been found.
Relative Strength Index (RSI)
RSI14 is 61 and the stock is currently not being overbought or oversold
Support & Resistance
American Assets Trust Inc finds support from accumulated volume at $38.49.
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 $0.43 (1.12%) between high and low. For the last week, the stock has had a daily average volatility of 1.11%.
Our recommended stoploss: $37.01 (-4.13%) (This stock has low daily movements and this gives low risk. There is a sell signal from pivot top found 7 days ago.)
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Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for this stock to perform well in the short-term.Click for Top 5 Buy Candidates
|AAT $38.61 $0.30(0.78%)|
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