That is a good strong signal in the wider 5GHz band. You radio connections looks fine.
Every Mac gets a Self-assigned IP Address in that 169.254.xxx.yyy range, every time it starts up. That address is immediately replaced with a "good" local IP Address if you establish a good connection to a Router that can give you a good Address.
Problems getting a good IP Address include:
• inabilty to connect due to radio issues (should not be a problem here).
• Bad password stored (you may have to access keychain, delete the old password, and enter a new one.
• Mis-configuration of a Multi-Router network such that you create a sub network that is not subordiate to the main Router, and is also stuck in Bridge mode. To work together, the secondary Router should have its WAN IP Address in the range of IP Addresses of the main Router's DHCP IP Addresses. Network segments should be using the exact same Network-name. The Router-address Reported by the secondary Router should be the local IP Address of the main Router.
Wi-Fi base stations: Extending the range of your wireless network by adding additional Wi-Fi base stations
.