Mid-America Apartment Communities is a multifamily-focused, self-administered and self-managed real estate investment trust. Co. owns, operates, acquires and selectively develops apartment communities primarily located in the Southeast, Southwest and Mid-Atlantic regions of the U.S. Co. maintaines full or partial ownership of various apartment communities across several states and the District of Columbia. Co.'s business is conducted principally through its subsidiary, Mid-America Apartments, L.P. (the Operating Partnership). Co. is the sole general partner of the Operating Partnership.
When researching a stock like Mid-America Apartment Communities, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from MAA Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for MAA stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of those ways is to calculate a Simpe Moving Average ("SMA") by looking back a certain number of days. One of the most popular "longer look-backs" is the MAA 200 day moving average ("MAA 200 DMA"), while one of the most popular "shorter look-backs" is the MAA 50 day moving average ("MAA 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Mid-America Apartment Communities. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the MAA 200 DMA and the MAA 50 DMA, we get a moving average convergence divergence indicator ("MAA MACD"). The MAA MACD chart, in conjunction with the chart of the moving averages, basically helps in visualizing how the moving averages are showing convergence (moving closer together), or divergence (moving farther apart). |