NNN REIT INC (NNN) Stock Technical Analysis
NYSE:NNN - New York Stock Exchange, Inc. - US6374171063 - REIT - Currency: USD
Taking everything into account, NNN scores 3 out of 10 in our technical rating. NNN has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
NNN has an average volume of 1401260 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the performance of all stocks over the past year, NNN turns out to be only a medium performer in the overall market: it outperformed 51% of all stocks.
NNN is an average performer in the Diversified REITs industry, it outperforms 64% of 129 stocks in the same industry.
NNN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NNN is lagging the market slightly.
In the last month NNN has a been trading in a tight range between 40.20 and 42.50.
Considerably lower volume is observed in the last couple of days.
NNN has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 40.85, a Stop Loss order could be placed below this zone.
More info and screens
37.17
43.63
When analyzing the support we can see 3 important areas.
- A support zone ranging from 40.48 to 40.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @38.96 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 2 important resistance areas.
- A resistance zone ranging from 41.28 to 41.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 42.86 to 43.20. 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 | NEUTRAL | NEUTRAL | The long term trend for NNN is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NNN is down. |
| ChartMill Relative Strength | 51.04 | NEUTRAL | NNN is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of NNN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NNN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.7 | NEUTRAL | The RSI value for NNN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests NNN has a negative trend. |
| Stochastics (14,3) | 38.35 | 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) | 14.32 | 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)
41.13
+0.12 (+0.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg0.29%
1 Week-2.07%
2 Weeks-1.34%
1 Month0.69%
3 Month-0.6%
6 Month-5.79%
12 Month-0.41%
2 Year-3.31%
3 Year-7.16%
5 Year31.03%
10 Year9.65%
15 Year87.12%
Volatility
ATR(14)0.64
ATR(20)%1.7%
ATR Inc-13.22%
Range Today0.57
ADR(20)0.67
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
CRS51.04
Mansfield-0.65
10 Day High42.18
10 Day Low40.2
20 Day High42.5
20 Day Low40.2
52 Week High49.57
52 Week Low35.8
CS1 End40.85
CR1 Start41.28
Volume & EV
DER(3)-3.59%
DER(5)-2.3%
Volume806.00K
Volume Incr-23.99%
Vol(5)871.46K
Vol(50)1.40M