USA - NYSE:NNN - US6374171063 - REIT
Taking everything into account, NNN scores 0 out of 10 in our technical rating. NNN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of NNN is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
40.28
When analyzing the resistance we notice one important area.
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 NNN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NNN is down. |
| ChartMill Relative Strength | 31.34 | NEUTRAL | NNN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NNN is below a declining 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) | UP | MIXED | The current price of NNN is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.42 | NEUTRAL | The RSI value for NNN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests NNN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.26 | OVERSOLD | The low Stochastics value suggests NNN may be oversold. |
| Average True Range in percent/ATR (20) | 1.78 | LOW VOLATILITY | The low ATR as a percentage value for NNN suggests low volalility. |
| Average Directional Index/ADX (14) | 20.18 | NEUTRAL | The ADX value for NNN suggests a possible start of a new trend. |
40.69
+1.04 (+2.62%)
ChartMill assigns a technical rating of 0 / 10 to NNN.
The current trend direction for NNN REIT INC (NNN) is Bearish.
NNN REIT INC (NNN) has an RSI value of 42.4197. This indicates that the stock is currently neutral.
The MACD indicator for NNN REIT INC (NNN) has a value of -0.174374, indicating a bearish trend.
NNN REIT INC (NNN) has a resistance level at 40.71. Check the full technical report for our detailed analysis of NNN support and resistance levels.