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National Storage Affiliates Trust
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Let's analyse National Storage Affiliates Trust together

PenkeI guess you are interested in National Storage Affiliates Trust. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of National Storage Affiliates Trust. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of National Storage Affiliates Trust (30 sec.)










What can you expect buying and holding a share of National Storage Affiliates Trust? (30 sec.)

How much money do you get?

How much money do you get?
€2.45
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
€23.88
Expected worth in 1 year
€23.18
How sure are you?
82.6%

+ What do you gain per year?

Total Gains per Share
€1.57
Return On Investment
4.4%

For what price can you sell your share?

Current Price per Share
€35.80
Expected price per share
€33.20 - €39.05
How sure are you?
50%

1. Valuation of National Storage Affiliates Trust (5 min.)




Live pricePrice per Share (EOD)

€35.80

Intrinsic Value Per Share

€47.45 - €55.45

Total Value Per Share

€71.33 - €79.33

2. Growth of National Storage Affiliates Trust (5 min.)




Is National Storage Affiliates Trust growing?

Current yearPrevious yearGrowGrow %
How rich?$2.1b$2.4b-$191.3m-8.4%

How much money is National Storage Affiliates Trust making?

Current yearPrevious yearGrowGrow %
Making money$39.1m$25.9m$13.2m33.8%
Net Profit Margin18.2%12.9%--

How much money comes from the company's main activities?

3. Financial Health of National Storage Affiliates Trust (5 min.)




What can you expect buying and holding a share of National Storage Affiliates Trust? (5 min.)

Welcome investor! National Storage Affiliates Trust's management wants to use your money to grow the business. In return you get a share of National Storage Affiliates Trust.

What can you expect buying and holding a share of National Storage Affiliates Trust?

First you should know what it really means to hold a share of National Storage Affiliates Trust. And how you can make/lose money.

Speculation

The Price per Share of National Storage Affiliates Trust is €35.80. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of National Storage Affiliates Trust.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in National Storage Affiliates Trust, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is €23.88. Based on the TTM, the Book Value Change Per Share is €-0.17 per quarter. Based on the YOY, the Book Value Change Per Share is €-0.15 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is €0.57 per quarter.
Based on historical numbers we can estimate the returns while holding a share of National Storage Affiliates Trust.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 % of Price per Share% of Price per Share% of Price per Share% of Price per Share% of Price per Share
Usd Eps0.842.3%0.441.2%0.250.7%0.210.6%0.180.5%
Usd Book Value Change Per Share-0.16-0.5%-0.19-0.5%-0.16-0.4%0.421.2%1.123.1%
Usd Dividend Per Share0.611.7%0.611.7%0.571.6%0.441.2%0.411.2%
Usd Total Gains Per Share0.451.3%0.421.2%0.421.2%0.862.4%1.544.3%
Usd Price Per Share41.10-37.05-48.62-38.90-37.14-
Price to Earnings Ratio12.25-25.54-50.54-45.57-56.15-
Price-to-Total Gains Ratio91.80-31.81-152.60-61.13-46.87-
Price to Book Ratio1.59-1.40-1.79-1.73-1.70-
Price-to-Total Gains Ratio91.80-31.81-152.60-61.13-46.87-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share38.72486
Number of shares25
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.610.44
Usd Book Value Change Per Share-0.190.42
Usd Total Gains Per Share0.420.86
Gains per Quarter (25 shares)10.6121.41
Gains per Year (25 shares)42.4585.63
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
161-1932444276
2123-38748883162
3184-57116132125248
4245-76158176166334
5307-95200221208420
6368-113242265249506
7430-132284309291592
8491-151326353332678
9552-170368397374764
10614-189410441415850

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%12.00.00.0100.0%18.02.00.090.0%20.03.00.087.0%20.03.00.087.0%
Book Value Change Per Share1.03.00.025.0%6.06.00.050.0%9.011.00.045.0%11.012.00.047.8%11.012.00.047.8%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%23.00.00.0100.0%23.00.00.0100.0%
Total Gains per Share3.01.00.075.0%11.01.00.091.7%17.03.00.085.0%19.04.00.082.6%19.04.00.082.6%

Fundamentals of National Storage Affiliates Trust

About National Storage Affiliates Trust

National Storage Affiliates Trust is a real estate investment trust headquartered in Greenwood Village, Colorado, focused on the ownership, operation and acquisition of self storage properties predominantly located within the top 100 metropolitan statistical areas throughout the United States. As of December 31, 2023, the Company held ownership interests in and operated 1,050 self storage properties, located in 42 states and Puerto Rico with approximately 68.6 million rentable square feet, which excludes 39 self storage properties classified as held for sale to be sold to a third party. NSA is one of the largest owners and operators of self storage properties among public and private companies in the United States.

Fundamental data was last updated by Penke on 2024-03-27 14:58:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just not able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is overpriced.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of National Storage Affiliates Trust.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit National Storage Affiliates Trust earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare National Storage Affiliates Trust to the REIT - Industrial industry mean.
  • A Net Profit Margin of 32.0% means that €0.32 for each €1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of National Storage Affiliates Trust:

  • The MRQ is 32.0%. The company is making a huge profit. +2
  • The TTM is 18.2%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ32.0%TTM18.2%+13.8%
TTM18.2%YOY12.9%+5.3%
TTM18.2%5Y12.3%+5.9%
5Y12.3%10Y10.9%+1.4%
1.1.2. Return on Assets

Shows how efficient National Storage Affiliates Trust is using its assets to generate profit.

  • Above 5% is considered healthy but always compare National Storage Affiliates Trust to the REIT - Industrial industry mean.
  • 1.2% Return on Assets means that National Storage Affiliates Trust generated €0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of National Storage Affiliates Trust:

  • The MRQ is 1.2%. Using its assets, the company is less efficient in making profit.
  • The TTM is 0.6%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ1.2%TTM0.6%+0.5%
TTM0.6%YOY0.4%+0.2%
TTM0.6%5Y0.4%+0.2%
5Y0.4%10Y0.4%+0.0%
1.1.3. Return on Equity

Shows how efficient National Storage Affiliates Trust is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare National Storage Affiliates Trust to the REIT - Industrial industry mean.
  • 4.9% Return on Equity means National Storage Affiliates Trust generated €0.05 for each €1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of National Storage Affiliates Trust:

  • The MRQ is 4.9%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 2.6%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ4.9%TTM2.6%+2.2%
TTM2.6%YOY1.5%+1.1%
TTM2.6%5Y1.5%+1.1%
5Y1.5%10Y1.3%+0.2%

1.2. Operating Efficiency of National Storage Affiliates Trust.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient National Storage Affiliates Trust is operating .

  • Measures how much profit National Storage Affiliates Trust makes for each €1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare National Storage Affiliates Trust to the REIT - Industrial industry mean.
  • An Operating Margin of 0.0% means the company generated €0.00  for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of National Storage Affiliates Trust:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM9.9%-9.9%
TTM9.9%YOY37.5%-27.6%
TTM9.9%5Y38.3%-28.4%
5Y38.3%10Y37.3%+1.0%
1.2.2. Operating Ratio

Measures how efficient National Storage Affiliates Trust is keeping operating costs low.

  • Below 1 is considered healthy (always compare to REIT - Industrial industry mean).
  • An Operation Ratio of 0.86 means that the operating costs are €0.86 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of National Storage Affiliates Trust:

  • The MRQ is 0.860. The company is less efficient in keeping operating costs low.
  • The TTM is 0.875. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.860TTM0.875-0.015
TTM0.875YOY0.902-0.028
TTM0.8755Y0.915-0.040
5Y0.91510Y0.925-0.010

1.3. Liquidity of National Storage Affiliates Trust.

1.3. Liquidity
1.3.1. Current Ratio

Measures if National Storage Affiliates Trust is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to REIT - Industrial industry mean).
  • A Current Ratio of 1.35 means the company has €1.35 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of National Storage Affiliates Trust:

  • The MRQ is 1.346. The company is just able to pay all its short-term debts.
  • The TTM is 0.798. The company is just not able to pay all its short-term debts. -1
Trends
Current periodCompared to+/- 
MRQ1.346TTM0.798+0.548
TTM0.798YOY1.000-0.201
TTM0.7985Y0.773+0.026
5Y0.77310Y0.875-0.103
1.3.2. Quick Ratio

Measures if National Storage Affiliates Trust is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare National Storage Affiliates Trust to the REIT - Industrial industry mean.
  • A Quick Ratio of 0.02 means the company can pay off €0.02 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of National Storage Affiliates Trust:

  • The MRQ is 0.020. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.089. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.020TTM0.089-0.069
TTM0.089YOY0.179-0.090
TTM0.0895Y0.128-0.039
5Y0.12810Y0.139-0.011

1.4. Solvency of National Storage Affiliates Trust.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of National Storage Affiliates Trust assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare National Storage Affiliates Trust to REIT - Industrial industry mean.
  • A Debt to Asset Ratio of 0.64 means that National Storage Affiliates Trust assets are financed with 64.2% credit (debt) and the remaining percentage (100% - 64.2%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of National Storage Affiliates Trust:

  • The MRQ is 0.642. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.629. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.642TTM0.629+0.013
TTM0.629YOY0.581+0.048
TTM0.6295Y0.573+0.056
5Y0.57310Y0.561+0.012
1.4.2. Debt to Equity Ratio

Measures if National Storage Affiliates Trust is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare National Storage Affiliates Trust to the REIT - Industrial industry mean.
  • A Debt to Equity ratio of 267.6% means that company has €2.68 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of National Storage Affiliates Trust:

  • The MRQ is 2.676. The company is unable to pay all its debts with equity. -1
  • The TTM is 2.516. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ2.676TTM2.516+0.160
TTM2.516YOY2.003+0.513
TTM2.5165Y2.015+0.501
5Y2.01510Y1.981+0.034

2. Market Valuation of National Storage Affiliates Trust

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every €1 in earnings National Storage Affiliates Trust generates.

  • Above 15 is considered overpriced but always compare National Storage Affiliates Trust to the REIT - Industrial industry mean.
  • A PE ratio of 12.25 means the investor is paying €12.25 for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of National Storage Affiliates Trust:

  • The EOD is 11.540. Based on the earnings, the company is underpriced. +1
  • The MRQ is 12.250. Based on the earnings, the company is underpriced. +1
  • The TTM is 25.544. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD11.540MRQ12.250-0.709
MRQ12.250TTM25.544-13.294
TTM25.544YOY50.543-24.999
TTM25.5445Y45.566-20.022
5Y45.56610Y56.150-10.585
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of National Storage Affiliates Trust:

  • The EOD is 9.321. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 9.894. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 7.997. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD9.321MRQ9.894-0.573
MRQ9.894TTM7.997+1.897
TTM7.997YOY11.051-3.054
TTM7.9975Y8.897-0.900
5Y8.89710Y7.736+1.160
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of National Storage Affiliates Trust is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to REIT - Industrial industry mean).
  • A PB ratio of 1.59 means the investor is paying €1.59 for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of National Storage Affiliates Trust:

  • The EOD is 1.499. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.591. Based on the equity, the company is underpriced. +1
  • The TTM is 1.399. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.499MRQ1.591-0.092
MRQ1.591TTM1.399+0.192
TTM1.399YOY1.795-0.396
TTM1.3995Y1.727-0.328
5Y1.72710Y1.697+0.030
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of National Storage Affiliates Trust compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.151-0.175+15%-0.145-4%0.384-139%1.038-115%
Book Value Per Share--23.88424.492-2%24.989-4%20.768+15%20.123+19%
Current Ratio--1.3460.798+69%1.000+35%0.773+74%0.875+54%
Debt To Asset Ratio--0.6420.629+2%0.581+10%0.573+12%0.561+14%
Debt To Equity Ratio--2.6762.516+6%2.003+34%2.015+33%1.981+35%
Dividend Per Share--0.5650.5670%0.531+6%0.408+39%0.383+48%
Eps--0.7760.404+92%0.229+238%0.192+303%0.165+369%
Free Cash Flow Per Share--0.9601.099-13%1.016-5%0.881+9%0.881+9%
Free Cash Flow To Equity Per Share---2.455-0.433-82%1.406-275%1.894-230%1.894-230%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--55.448--------
Intrinsic Value_10Y_min--47.447--------
Intrinsic Value_1Y_max--4.157--------
Intrinsic Value_1Y_min--4.083--------
Intrinsic Value_3Y_max--13.558--------
Intrinsic Value_3Y_min--12.922--------
Intrinsic Value_5Y_max--24.243--------
Intrinsic Value_5Y_min--22.410--------
Market Cap2863187196.800-9%3126867810.0002929805412.900+7%4094750745.150-24%3069236541.386+2%2914362093.581+7%
Net Profit Margin--0.3200.182+76%0.129+148%0.123+160%0.109+194%
Operating Margin---0.099-100%0.375-100%0.383-100%0.373-100%
Operating Ratio--0.8600.875-2%0.902-5%0.915-6%0.925-7%
Pb Ratio1.499-6%1.5911.399+14%1.795-11%1.727-8%1.697-6%
Pe Ratio11.540-6%12.25025.544-52%50.543-76%45.566-73%56.150-78%
Price Per Share35.800-6%38.00034.250+11%44.950-15%35.959+6%34.337+11%
Price To Free Cash Flow Ratio9.321-6%9.8947.997+24%11.051-10%8.897+11%7.736+28%
Price To Total Gains Ratio86.482-6%91.79631.806+189%152.604-40%61.131+50%46.868+96%
Quick Ratio--0.0200.089-78%0.179-89%0.128-85%0.139-86%
Return On Assets--0.0120.006+80%0.004+164%0.004+178%0.004+214%
Return On Equity--0.0490.026+86%0.015+219%0.015+225%0.013+266%
Total Gains Per Share--0.4140.392+5%0.386+7%0.792-48%1.421-71%
Usd Book Value--2125908282.8682268083532.572-6%2459431338.538-14%1912594531.701+11%1841691765.960+15%
Usd Book Value Change Per Share---0.164-0.189+15%-0.157-4%0.415-139%1.123-115%
Usd Book Value Per Share--25.83626.493-2%27.030-4%22.465+15%21.767+19%
Usd Dividend Per Share--0.6120.6140%0.575+6%0.441+39%0.414+48%
Usd Eps--0.8390.437+92%0.248+238%0.208+303%0.179+369%
Usd Free Cash Flow--85466704.936101510212.697-16%100033415.957-15%65671578.440+30%57105720.382+50%
Usd Free Cash Flow Per Share--1.0391.188-13%1.099-5%0.953+9%0.953+9%
Usd Free Cash Flow To Equity Per Share---2.656-0.468-82%1.521-275%2.049-230%2.049-230%
Usd Market Cap3097109590.779-9%3382332910.0773169170515.134+7%4429291881.029-24%3319993166.817+2%3152465476.626+7%
Usd Price Per Share38.725-6%41.10537.048+11%48.622-15%38.896+6%37.143+11%
Usd Profit--69029184.70539168989.659+76%25935070.819+166%20913311.885+230%18344145.791+276%
Usd Revenue--215418817.790214522539.423+0%200398592.415+7%153275901.029+41%144285131.697+49%
Usd Total Gains Per Share--0.4480.425+5%0.417+7%0.856-48%1.537-71%
 EOD+4 -4MRQTTM+18 -17YOY+17 -185Y+23 -1210Y+23 -12

3.2. Fundamental Score

Let's check the fundamental score of National Storage Affiliates Trust based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1511.540
Price to Book Ratio (EOD)Between0-11.499
Net Profit Margin (MRQ)Greater than00.320
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.020
Current Ratio (MRQ)Greater than11.346
Debt to Asset Ratio (MRQ)Less than10.642
Debt to Equity Ratio (MRQ)Less than12.676
Return on Equity (MRQ)Greater than0.150.049
Return on Assets (MRQ)Greater than0.050.012
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of National Storage Affiliates Trust based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5065.948
Ma 20Greater thanMa 5033.845
Ma 50Greater thanMa 10033.683
Ma 100Greater thanMa 20033.115
OpenGreater thanClose35.800
Total4/5 (80.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2022-12-312023-03-312023-06-302023-09-302023-12-31
Net Working Capital  -515,308-142,861-658,16989,779-568,390-213,394-781,784942,265160,481
Tax Provision  9591471,106-424681171852-2,022-1,169



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in USD. All numbers in thousands.

Summary
Total Assets5,931,811
Total Liabilities3,805,970
Total Stockholder Equity1,422,188
 As reported
Total Liabilities 3,805,970
Total Stockholder Equity+ 1,422,188
Total Assets = 5,931,811

Assets

Total Assets5,931,811
Total Current Assets674,707
Long-term Assets5,257,104
Total Current Assets
Cash And Cash Equivalents 64,980
Net Receivables 9,842
Other Current Assets 14,743
Total Current Assets  (as reported)674,707
Total Current Assets  (calculated)89,565
+/- 585,142
Long-term Assets
Property Plant Equipment 24,958
Goodwill 8,182
Long Term Investments 211,361
Intangible Assets 56,736
Long-term Assets  (as reported)5,257,104
Long-term Assets  (calculated)301,237
+/- 4,955,867

Liabilities & Shareholders' Equity

Total Current Liabilities501,120
Long-term Liabilities3,304,850
Total Stockholder Equity1,422,188
Total Current Liabilities
Short Long Term Debt 381,000
Total Current Liabilities  (as reported)501,120
Total Current Liabilities  (calculated)381,000
+/- 120,120
Long-term Liabilities
Long term Debt 3,277,205
Capital Lease Obligations Min Short Term Debt24,195
Long-term Liabilities  (as reported)3,304,850
Long-term Liabilities  (calculated)3,301,400
+/- 3,450
Total Stockholder Equity
Total Stockholder Equity (as reported)1,422,188
Total Stockholder Equity (calculated)0
+/- 1,422,188
Other
Capital Stock341,474
Common Stock Shares Outstanding 82,286
Net Debt 3,593,225
Net Invested Capital 4,739,742
Net Working Capital 173,587
Property Plant and Equipment Gross 24,958



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-30
> Total Assets 
2,460,555
2,715,418
2,729,263
2,896,031
3,061,855
3,110,797
3,084,245
3,278,873
3,285,050
3,280,916
3,513,577
3,651,636
3,891,246
4,521,234
5,562,594
5,621,411
5,759,041
6,063,738
6,070,007
6,185,425
6,161,391
6,165,172
5,931,811
5,931,8116,165,1726,161,3916,185,4256,070,0076,063,7385,759,0415,621,4115,562,5944,521,2343,891,2463,651,6363,513,5773,280,9163,285,0503,278,8733,084,2453,110,7973,061,8552,896,0312,729,2632,715,4182,460,555
   > Total Current Assets 
58,642
60,046
46,795
31,814
34,689
66,728
40,365
37,863
36,733
37,859
40,333
40,593
45,443
93,781
50,561
65,787
89,914
123,411
142,491
122,859
137,497
102,741
674,707
674,707102,741137,497122,859142,491123,41189,91465,78750,56193,78145,44340,59340,33337,85936,73337,86340,36566,72834,68931,81446,79560,04658,642
       Cash And Cash Equivalents 
16,419
15,045
13,181
15,878
15,255
44,749
20,558
18,689
17,271
16,779
18,723
19,513
22,410
69,246
25,013
26,616
32,345
33,401
35,312
44,330
44,022
58,846
64,980
64,98058,84644,02244,33035,31233,40132,34526,61625,01369,24622,41019,51318,72316,77917,27118,68920,55844,74915,25515,87813,18115,04516,419
       Net Receivables 
5,147
8,046
10,002
3,208
3,374
3,367
10,347
8,940
8,637
10,274
11,533
9,685
10,339
11,640
13,134
14,198
14,992
20,468
22,670
20,719
27,198
13,379
9,842
9,84213,37927,19820,71922,67020,46814,99214,19813,13411,64010,3399,68511,53310,2748,6378,94010,3473,3673,3743,20810,0028,0465,147
       Other Current Assets 
11,220
8,604
7,448
9,173
9,942
10,236
8,480
10,234
10,825
10,806
10,077
11,395
12,694
12,895
12,414
11,327
14,903
15,652
33,043
19,558
17,271
13,794
14,743
14,74313,79417,27119,55833,04315,65214,90311,32712,41412,89512,69411,39510,07710,80610,82510,2348,48010,2369,9429,1737,4488,60411,220
   > Long-term Assets 
0
0
0
2,864,217
3,027,166
3,044,069
3,044,860
3,241,010
3,248,317
3,243,057
3,491,876
3,611,043
3,865,271
4,447,631
5,534,719
5,569,270
5,723,425
5,994,217
6,027,808
6,133,589
6,114,070
6,062,431
5,257,104
5,257,1046,062,4316,114,0706,133,5896,027,8085,994,2175,723,4255,569,2705,534,7194,447,6313,865,2713,611,0433,491,8763,243,0573,248,3173,241,0103,044,8603,044,0693,027,1662,864,217000
       Property Plant Equipment 
2,269,731
2,359,250
2,393,036
2,589,643
2,750,338
2,774,186
2,779,128
2,977,135
2,990,201
2,990,174
3,220,371
3,359,117
3,596,673
4,156,989
5,243,104
5,291,467
5,367,736
21,501
23,835
23,581
23,325
25,863
24,958
24,95825,86323,32523,58123,83521,5015,367,7365,291,4675,243,1044,156,9893,596,6733,359,1173,220,3712,990,1742,990,2012,977,1352,779,1282,774,1862,750,3382,589,6432,393,0362,359,2502,269,731
       Goodwill 
5,750
5,750
5,750
5,750
5,750
5,750
5,750
8,182
8,182
8,182
8,182
8,182
8,182
8,182
8,182
8,182
8,182
8,182
8,182
8,182
8,182
8,182
8,182
8,1828,1828,1828,1828,1828,1828,1828,1828,1828,1828,1828,1828,1828,1828,1828,1825,7505,7505,7505,7505,7505,7505,750
       Long Term Investments 
88,725
250,769
245,125
238,606
233,295
228,446
221,764
213,497
210,114
206,284
202,533
199,277
195,567
192,015
188,187
184,547
234,075
231,696
227,441
223,139
219,060
215,150
211,361
211,361215,150219,060223,139227,441231,696234,075184,547188,187192,015195,567199,277202,533206,284210,114213,497221,764228,446233,295238,606245,125250,76988,725
       Intangible Assets 
17,675
16,926
16,320
18,297
34,512
31,774
29,536
38,629
36,626
35,169
38,575
39,644
42,168
48,694
69,327
63,207
55,351
51,436
46,220
63,178
59,953
58,078
56,736
56,73658,07859,95363,17846,22051,43655,35163,20769,32748,69442,16839,64438,57535,16936,62638,62929,53631,77434,51218,29716,32016,92617,675
       Long-term Assets Other 
0
0
0
1,017
810
3,464
3,264
3,067
0
62,320
68,149
0
72,399
98,227
102,417
0
121,274
147,969
156,228
144,666
160,618
171,530
0
0171,530160,618144,666156,228147,969121,2740102,41798,22772,399068,14962,32003,0673,2643,4648101,017000
> Total Liabilities 
1,190,318
1,281,064
1,326,964
1,492,843
1,563,071
1,653,591
1,632,144
1,897,818
1,916,305
1,920,516
2,083,102
2,070,016
2,203,720
2,283,570
3,080,139
3,111,367
3,257,728
3,626,695
3,680,993
3,780,351
3,776,990
4,008,441
3,805,970
3,805,9704,008,4413,776,9903,780,3513,680,9933,626,6953,257,7283,111,3673,080,1392,283,5702,203,7202,070,0162,083,1021,920,5161,916,3051,897,8181,632,1441,653,5911,563,0711,492,8431,326,9641,281,0641,190,318
   > Total Current Liabilities 
32,065
37,217
37,897
37,682
53,054
78,849
99,100
163,304
170,723
139,148
54,953
47,690
49,311
63,120
63,332
62,258
69,089
92,912
456,891
152,081
147,779
948,370
501,120
501,120948,370147,779152,081456,89192,91269,08962,25863,33263,12049,31147,69054,953139,148170,723163,30499,10078,84953,05437,68237,89737,21732,065
       Short-term Debt 
5,082
1,181
4,767
3,588
2,351
1,111
58,569
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000058,5691,1112,3513,5884,7671,1815,082
       Short Long Term Debt 
5,082
1,181
4,767
3,588
2,351
1,111
58,569
200,000
211,000
246,500
174,000
190,500
265,500
0
490,000
425,000
285,000
432,000
496,000
660,500
550,000
812,000
381,000
381,000812,000550,000660,500496,000432,000285,000425,000490,0000265,500190,500174,000246,500211,000200,00058,5691,1112,3513,5884,7671,1815,082
       Accounts payable 
26,983
36,036
33,130
37,682
53,054
78,849
38,826
40,127
42,641
51,280
47,043
42,347
48,058
62,562
59,262
60,678
68,166
92,466
80,377
78,603
87,007
0
0
0087,00778,60380,37792,46668,16660,67859,26262,56248,05842,34747,04351,28042,64140,12738,82678,84953,05437,68233,13036,03626,983
   > Long-term Liabilities 
0
0
0
1,455,161
1,510,017
1,574,742
1,574,235
1,657,691
1,662,664
1,622,736
1,862,059
1,837,169
1,890,162
2,200,819
2,508,669
2,602,323
2,880,851
3,079,086
3,081,403
3,016,596
3,114,861
3,060,071
3,304,850
3,304,8503,060,0713,114,8613,016,5963,081,4033,079,0862,880,8512,602,3232,508,6692,200,8191,890,1621,837,1691,862,0591,622,7361,662,6641,657,6911,574,2351,574,7421,510,0171,455,161000
       Capital Lease Obligations 
0
0
0
24,166
24,152
24,777
24,665
25,243
25,095
24,929
24,756
24,569
24,379
24,181
23,981
23,751
23,558
23,362
25,741
25,528
25,314
25,095
24,195
24,19525,09525,31425,52825,74123,36223,55823,75123,98124,18124,37924,56924,75624,92925,09525,24324,66524,77724,15224,166000
       Deferred Long Term Liability 
1,746
1,503
1,260
1,017
810
3,464
3,264
3,067
2,900
2,698
2,496
2,293
2,113
1,896
2,433
2,121
1,858
1,720
1,393
0
9,607
0
0
009,60701,3931,7201,8582,1212,4331,8962,1132,2932,4962,6982,9003,0673,2643,4648101,0171,2601,5031,746
> Total Stockholder Equity
648,665
778,020
744,339
893,446
957,576
915,702
919,630
923,482
917,569
915,229
968,957
1,084,651
1,167,301
1,608,849
1,775,229
1,746,980
1,748,775
1,698,666
1,648,201
1,635,415
1,625,371
1,456,551
1,422,188
1,422,1881,456,5511,625,3711,635,4151,648,2011,698,6661,748,7751,746,9801,775,2291,608,8491,167,3011,084,651968,957915,229917,569923,482919,630915,702957,576893,446744,339778,020648,665
   Common Stock
505
565
567
567
593
593
597
680
687
692
713
752
777
889
912
915
918
909
898
0
886
0
0
008860898909918915912889777752713692687680597593593567567565505
   Retained Earnings -449,907-468,611-445,813-420,408-396,650-374,978-343,834-315,024-291,263-272,636-263,117-259,155-251,704-242,222-228,924-213,447-197,075-187,30500000
   Accumulated Other Comprehensive Income 00000000000000000000000
   Capital Surplus 00000000000000000000000
   Treasury Stock00000000000000000000000



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue858,063
Cost of Revenue-228,986
Gross Profit629,077629,077
 
Operating Income (+$)
Gross Profit629,077
Operating Expense-521,368
Operating Income336,695107,709
 
Operating Expense (+$)
Research Development-
Selling General Administrative59,281
Selling And Marketing Expenses-
Operating Expense521,36859,281
 
Net Interest Income (+$)
Interest Income-
Interest Expense-166,147
Other Finance Cost-0
Net Interest Income-166,147
 
Pretax Income (+$)
Operating Income336,695
Net Interest Income-166,147
Other Non-Operating Income Expenses-
Income Before Tax (EBT)238,578268,665
EBIT - interestExpense = -166,147
156,669
322,816
Interest Expense166,147
Earnings Before Interest and Taxes (EBIT)-404,725
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax238,578
Tax Provision-1,590
Net Income From Continuing Ops236,988236,988
Net Income156,669
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net68,030166,147
 

Technical Analysis of National Storage Affiliates Trust
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of National Storage Affiliates Trust. The general trend of National Storage Affiliates Trust is BULLISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine National Storage Affiliates Trust's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (100.0%) Bearish trend (-100.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of National Storage Affiliates Trust.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 37.98 < 38.53 < 39.05.

The bearish price targets are: 35.42 > 34.80 > 33.20.

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National Storage Affiliates Trust Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of National Storage Affiliates Trust. The current mas is .

The long score for the Moving Averages is 14/14.
The longshort score for the Moving Averages is 14/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

National Storage Affiliates Trust Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of National Storage Affiliates Trust. The current macd is 0.35503942.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the National Storage Affiliates Trust price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for National Storage Affiliates Trust. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the National Storage Affiliates Trust price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
National Storage Affiliates Trust Daily Moving Average Convergence/Divergence (MACD) ChartNational Storage Affiliates Trust Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of National Storage Affiliates Trust. The current adx is 14.01.

The long score for the Directional Movement Index (DMI) is 2/7.
The longshort score for the Directional Movement Index (DMI) is 2/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy National Storage Affiliates Trust shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bullish trend could be forming. +1
National Storage Affiliates Trust Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of National Storage Affiliates Trust. The current sar is 33.65.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
National Storage Affiliates Trust Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of National Storage Affiliates Trust. The current rsi is 65.95. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
National Storage Affiliates Trust Daily Relative Strength Index (RSI) ChartNational Storage Affiliates Trust Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of National Storage Affiliates Trust. The current phase is Overbought in bull market.

The long score for the Stochastic Oscillator is 6/6.
The longshort score for the Stochastic Oscillator is 6/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the National Storage Affiliates Trust price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
National Storage Affiliates Trust Daily Stochastic Oscillator ChartNational Storage Affiliates Trust Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of National Storage Affiliates Trust. The current cci is 195.25.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
National Storage Affiliates Trust Daily Commodity Channel Index (CCI) ChartNational Storage Affiliates Trust Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of National Storage Affiliates Trust. The current cmo is 42.85.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
National Storage Affiliates Trust Daily Chande Momentum Oscillator (CMO) ChartNational Storage Affiliates Trust Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of National Storage Affiliates Trust. The current willr is 0.

The long score for the Williams %R is 1/1.
The longshort score for the Williams %R is 1/(-1 +1).

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
National Storage Affiliates Trust Daily Williams %R ChartNational Storage Affiliates Trust Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of National Storage Affiliates Trust.

National Storage Affiliates Trust Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of National Storage Affiliates Trust. The current atr is 0.45947877.

National Storage Affiliates Trust Daily Average True Range (ATR) ChartNational Storage Affiliates Trust Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of National Storage Affiliates Trust. The current obv is -607.

National Storage Affiliates Trust Daily On-Balance Volume (OBV) ChartNational Storage Affiliates Trust Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of National Storage Affiliates Trust. The current mfi is 66.38.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
National Storage Affiliates Trust Daily Money Flow Index (MFI) ChartNational Storage Affiliates Trust Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for National Storage Affiliates Trust.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-08 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-09 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-10 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-13 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-11-14 00:00:00CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-15 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-17 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-30 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-01 00:00:00ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-04 00:00:00CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-05 00:00:00ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-06 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-07 00:00:00ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-11 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-12 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-13 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-14 00:00:00ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-15 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-21 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-27 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-02 00:00:00ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-03 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-04 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-08 00:00:00WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-09 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-10 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-11 00:00:00CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-12 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-16 00:00:00ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-17 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-01-18 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-22 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-26 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-30 00:00:00WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-31 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-06 00:00:00SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-08 00:00:00CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-12 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-14 00:00:00CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-15 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-16 00:00:00ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-21 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-23 00:00:00CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-26 00:00:00WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-27 00:00:00ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-28 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-29 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-01 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-04 00:00:00CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-05 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-03-06 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-08 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-11 00:00:00CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-12 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-15 00:00:00ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-18 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-19 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-20 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-21 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-22 00:00:00CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-26 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-28 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).

6.3. Candlestick Patterns

National Storage Affiliates Trust Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of National Storage Affiliates Trust based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5065.948
Ma 20Greater thanMa 5033.845
Ma 50Greater thanMa 10033.683
Ma 100Greater thanMa 20033.115
OpenGreater thanClose35.800
Total4/5 (80.0%)
Penke

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