NNN REIT INC (NNN) Stock Technical Analysis
NYSE:NNN - New York Stock Exchange, Inc. - US6374171063 - REIT - Currency: USD
Overall NNN gets a technical rating of 5 out of 10. Although NNN is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
When comparing the yearly performance of all stocks, NNN is a bad performer in the overall market: 75% of all stocks are doing better.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
NNN has an average volume of 1006400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
NNN is an average performer in the Diversified REITs industry, it outperforms 49% of 130 stocks in the same industry.
NNN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NNN is lagging the market.
In the last month NNN has a been trading in a tight range between 42.38 and 44.23.
NNN has only a medium technical rating, but it does show a decent setup pattern. 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 support zone below the current price at 41.53, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
37.17
49.49
We found 3 important support areas.
- A support zone ranging from 40.85 to 41.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @39.36 from a trend line in the weekly time frame.
- A support zone ranging from 37.55 to 38.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 43.13 to 43.19. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 43.98 to 44.40. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @49.00 from a horizontal line in the weekly time frame.
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 | UP | POSITIVE | The long term trend for NNN is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NNN is neutral. |
| ChartMill Relative Strength | 25.19 | NEGATIVE | NNN has a low relative strength, it was outperformed by 74.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NNN is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NNN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of NNN is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.83 | NEUTRAL | The RSI value for NNN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests NNN has a negative trend. |
| Stochastics (14,3) | 25.82 | NEUTRAL | The Stochastics value for NNN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.64 | LOW VOLATILITY | The low ATR as a percentage value for NNN suggests low volalility. |
| Average Directional Index/ADX (14) | 14.48 | NEGATIVE | The low ADX value for NNN suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
42.75
+0.01 (+0.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg0.02%
1 Week-0.95%
2 Weeks-1.75%
1 Month0.12%
3 Month2.69%
6 Month6.69%
12 Month-7.29%
2 Year0.16%
3 Year-10.21%
5 Year20.59%
10 Year15.01%
15 Year84.9%
Volatility
ATR(14)0.69
ATR(20)%1.64%
ATR Inc-4.38%
Range Today0.57
ADR(20)0.69
ADR(20)%1.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.19
Mansfield-0.87
10 Day High44.23
10 Day Low42.52
20 Day High44.23
20 Day Low42.38
52 Week High49.57
52 Week Low35.8
CS1 End41.53
CR1 Start43.13
Volume & EV
DER(3)0.08%
DER(5)-1.77%
Volume734.00K
Volume Incr9.01%
Vol(5)1.18M
Vol(50)1.01M