September 22 Chart of the Day - American Assets Trust

Highly precise price action technical analysis offers the strongest trading edges and the most opportunities across the markets, making it the foundation of our reviews.

American Assets Trust (AAT) has spent the last few years under heavy selling pressure, falling from highs near $49 down to a low of $16.

After such a brutal decline, traders are asking whether the worst is finally behind this REIT or if more downside still lies ahead.

We'll review the chart from a price action perspective to identify potential levels of interest in both directions.

The charts highlight key levels where investors and traders alike will be watching closely.

Consistent profitable investing and/or trading requires a structured, rules-based approach to price action analysis. Proven processes, disciplined risk-reward management, and precise execution create the foundation for long-term success.

When combined with powerful mental performance strategies, this method becomes the ultimate blueprint for thriving in any market, on any time frame. 

As requested, this analysis will take a price action technical analysis approach to assess key levels and potential next price moves for this chart.

Since May 2023, we've showcased over 600+ Charts of the Day and provide a Free Quick Start Guide to traders with ambitious income goals for our patent-pending NeuroTrading Method™.

Monthly Chart 

On the monthly chart, price has been trapped in a long-term downtrend channel.

Recent action shows stabilization in the $16–$20 range, with this month’s candle holding above those lows.

A decisive close above $24 would be the first technical sign that bulls are regaining momentum and breaking the downtrend.

With plenty of volatility traders have had much to be happy with while investors seemingly have been disappointed.

This kind of movement highlights why a cautious and well-informed approach is essential when evaluating a stock’s short to mid term outlook.

Weekly Chart

On the weekly chart, the picture sharpens. AAT recently bounced from $16 support and has been testing resistance levels ever since.

The $19–$24 zone has become a key battleground for control.

A breakout above the ceiling could target higher levels back toward $30–$35, but failure here leaves the door open for another retest of the $16 floor.

Bottom line: AAT is fighting for direction after a prolonged decline. Whether this is the start of a base-building phase or just a pause before new lows could be decided in the coming weeks.

It goes without saying though, the only guarantee in the markets is that price cycles.  It cycles up and it cycles down across all time frames and all charts and rarely, if ever, moves in a straight line.

Only time will tell for sure what price will do next...

We’ve combined Fibonacci levels with key support/resistance zones and trend analysis to pinpoint potential price levels of interest and future targets.

With precision-focused charts like these, both traders and investors can confidently build and execute their strategies.

So what's next? 

Because You Were Interested in today's FREE Chart of the Day...

You may also be interested in this FREE Trading Workshop designed for traders with ambitious income goals but struggle with consistency.

The Breakthrough Method For Traders Who Know What To Do But Struggle With Consistency

Gain Confidence and Clarity with the Patent-Pending NeuroTrading Method™
Learn The Exact System With This Step By Step Training (Even If You Can Only Trade Part Time)

Start Seeing Measurable Results in 21 Days

FREE Registration!