NET LEASE OFFICE PROPERTY (NLOP) Stock Technical Analysis
USA - NYSE:NLOP - US64110Y1082 - REIT
Taking everything into account, NLOP scores 0 out of 10 in our technical rating. NLOP's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, NLOP does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 29.87. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 29.32, a Stop Loss order could be placed below this zone.
More info and screens
28.50
We found 1 important support area.
- A support zone ranging from 28.79 to 29.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 29.87 to 29.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @32.74 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 33.33 to 33.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for NLOP is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NLOP is neutral. |
| ChartMill Relative Strength | 21.69 | NEGATIVE | NLOP has a low relative strength, it was outperformed by 78.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of NLOP is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of NLOP is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NLOP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.7 | NEUTRAL | The RSI value for NLOP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests NLOP has a positive trend. |
| Stochastics (14,3) | 40.76 | NEUTRAL | The Stochastics value for NLOP is a neutral value. |
| Average True Range in percent/ATR (20) | 1.76 | LOW VOLATILITY | The low ATR as a percentage value for NLOP suggests low volalility. |
| Average Directional Index/ADX (14) | 19.83 | NEGATIVE | The low ADX value for NLOP suggests a weak or negative trend. |
29.35
+0.3 (+1.03%)
NET LEASE OFFICE PROPERTY / NLOP FAQ
What is the ChartMill technical rating of NET LEASE OFFICE PROPERTY (NLOP) stock?
ChartMill assigns a technical rating of 0 / 10 to NLOP.
Can you provide the trend direction for NET LEASE OFFICE PROPERTY?
The current trend direction for NET LEASE OFFICE PROPERTY (NLOP) is Bearish.
Can you provide the RSI signal for NET LEASE OFFICE PROPERTY?
NET LEASE OFFICE PROPERTY (NLOP) has an RSI value of 50.7022. This indicates that the stock is currently neutral.
What are the support and resistance levels for NET LEASE OFFICE PROPERTY (NLOP) stock?
NET LEASE OFFICE PROPERTY (NLOP) has a support level at 29.32 and a resistance level at 29.87. Check the full technical report for our detailed analysis of NLOP support and resistance levels.