National Storage Affiliates Trust Stock Analysis
Technical stock analysis for 22 January 2019
|Shorts||1.91% ( 2018-12-31 )|
National Storage Affiliates Trust gained 0.26% in the last trading day, rising from $26.49 to $26.56 The price has risen in 8 of the last 10 days and is up by 4.77% 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, 14 277 more shares were traded than the day before. In total, 365 397 shares bought and sold for approximately $9.70 million.
Close price at the end of the last trading day (Tuesday, 22nd Jan 2019) of the NSA stock was $26.56. This is 0.26% more than the trading day before Friday, 18th Jan 2019.
During day the stock fluctuated 2.21% from a day low at $26.19 to a day high of $26.77.
30 day high of the NSA stock price was $27.02 and low was $25.11.
90 day high was $29.94 and low was $25.11.
52 week high for the National Storage Affiliates Trust - $32.28 and low - $23.10.
National Storage Affiliates Trust lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -2.24% during the next 3 months and, with 90% probability hold a price between $24.51 and $28.64 at the end of this period.
A buy signal was issued from a pivot bottom point on Friday January 18, 2019, which indicates further gains until a new top pivot has been found. 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. National Storage Affiliates Trust holds a buysignal from the short-term moving average; at the same time, however, a sales signal from the long-term average. Since the longterm average is above the short-term average there is a general sales signal in the stock. On further gains, the stock will meet resistance from the long-term moving average at $27.07. On a fall, the stock will find some support from the short-term average at $26.55. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sales signal and strengthen the general signal.
* Golden Star Signal* is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Relative Strength Index (RSI)
RSI14 is 51 and the stock is currently not being overbought or oversold
Support & Resistance
National Storage Affiliates Trust finds support from accumulated volume at $26.49.
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 $0.58 (2.21%) between high and low. For the last week, the stock has had a daily average volatility of 1.73%.
Our recommended stoploss: $24.93 (-6.15%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 1 days ago.)
Very Low Low Medium High Very High
National Storage Affiliates Trust holds several positive signals, but we still don't find these to be enough for a buy-recommendation. At the current level we recommend to hold or accumulate in this position whilst awaiting for further development. We have upgraded our recommendation for this stock since last evaluation from a Sell Candidate to a Hold/Accumulate.
|NSA $26.56 $0.07(0.26%)|
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