The Macerich Co. is a fully integrated, self-managed and self-administered real estate investment trust. Co. conducts its operations through The Macerich Partnership, L.P. (the Operating Partnership). Co. is focused on the acquisition, leasing, management, development and redevelopment of regional retail centers throughout the U.S.. Co., through its operating partnership, owns ownership interests in approximately 45 million square feet of gross leasable area (GLA) consisting primarily of interests in 42 regional retail centers, three community/power shopping centers and one redevelopment property.
When researching a stock like Macerich, 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 MAC 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 MAC 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 MAC 200 day moving average ("MAC 200 DMA"), while one of the most popular "shorter look-backs" is the MAC 50 day moving average ("MAC 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Macerich. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the MAC 200 DMA and the MAC 50 DMA, we get a moving average convergence divergence indicator ("MAC MACD"). The MAC 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). |
Free MAC Email Alerts:
Video: Technical Analysis