NNN REIT INC (NNN) Stock Technical Analysis
NYSE:NNN - US6374171063 - REIT
42.39 USD
+0.45 (+1.07%)
42.39 USD
0 (0%)
Overall NNN gets a technical rating of 4 out of 10. In the last year, NNN was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
78% of all other stocks performed better in the past year than NNN.
NNN is part of the Diversified REITs industry. There are 129 other stocks in this industry, of which 64% are performing better than NNN.
In the last month NNN has a been trading in the 40.65 - 43.09 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
NNN has an average volume of 1282950 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
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.
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. There is a resistance zone just above the current price starting at 42.52. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 42.33, a Stop Loss order could be placed below this zone.
More info and screens
37.17
44.84
We found 4 important support areas.
- A support zone ranging from 41.80 to 42.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 40.85 to 40.92. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @39.66 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 found 1 important resistance area.
- A resistance zone ranging from 42.52 to 44.40. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The long term trend for NNN is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NNN is neutral. |
| ChartMill Relative Strength | 22.63 | NEGATIVE | NNN has a low relative strength, it was outperformed by 77.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NNN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of NNN is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NNN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.06 | NEUTRAL | The RSI value for NNN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests NNN has a positive trend. |
| Stochastics (14,3) | 70 | NEUTRAL | The Stochastics value for NNN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.7 | LOW VOLATILITY | The low ATR as a percentage value for NNN suggests low volalility. |
| Average Directional Index/ADX (14) | 11.64 | 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)
42.39
+0.45 (+1.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg1.07%
1 Week0.24%
2 Weeks1.87%
1 Month0.69%
3 Month1.51%
6 Month-0.14%
12 Month-9.79%
2 Year7.62%
3 Year-5.59%
5 Year19.61%
10 Year21.99%
15 Year74.01%
Volatility
ATR(14)0.61
ATR(20)%1.7%
ATR Inc-29.03%
Range Today0.49
ADR(20)0.66
ADR(20)%1.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.63
Mansfield-0.96
10 Day High42.75
10 Day Low40.65
20 Day High43.09
20 Day Low40.65
52 Week High49.57
52 Week Low35.8
CS1 End42.33
CR1 Start42.52
Volume & EV
DER(3)-2.65%
DER(5)-1.94%
Volume1.22M
Volume Incr-24.73%
Vol(5)1.11M
Vol(50)1.28M