NNN REIT INC (NNN) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:NNN • US6374171063
Taking everything into account, NNN scores 4 out of 10 in our technical rating. NNN has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
- NNN has an average volume of 1448230 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- 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 53% of all stocks.
- NNN is an average performer in the Diversified REITs industry, it outperforms 62% of 124 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 the 39.15 - 42.98 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, NNN does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 41.56, a Stop Loss order could be placed below this zone.
More info and screens
39.25
2 important support areas can be observed.
- A support zone ranging from 40.77 to 41.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 39.65 to 39.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 42.05 to 42.16. 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 42.85 to 44.11. 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 | NEUTRAL | NEUTRAL | The short term trend for NNN is neutral. |
| ChartMill Relative Strength | 53.91 | NEUTRAL | NNN is not amongst the best or worst performers 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 | POSITIVE | The current price of NNN is above the rising 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) | 53.52 | NEUTRAL | The RSI value for NNN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests NNN has a negative trend. |
| Stochastics (14,3) | 39.51 | NEUTRAL | The Stochastics value for NNN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.6 | LOW VOLATILITY | The low ATR as a percentage value for NNN suggests low volalility. |
| Average Directional Index/ADX (14) | 23.14 | NEUTRAL | The ADX value for NNN suggests a possible start of a new trend. |
41.67
-0.15 (-0.36%)
NNN REIT INC / NNN FAQ
Can you provide the ChartMill technical rating for NNN REIT INC?
ChartMill assigns a technical rating of 4 / 10 to NNN.
What is the current trend direction of NNN REIT INC (NNN) stock?
The current trend direction for NNN REIT INC (NNN) is Bearish.
What is the RSI signal for NNN stock?
NNN REIT INC (NNN) has an RSI value of 53.5228. This indicates that the stock is currently neutral.
What is the MACD signal for NNN stock?
The MACD indicator for NNN REIT INC (NNN) has a value of -0.0604433, indicating a bearish trend.
What is the short term momentum for NNN stock?
The short term momentum for NNN REIT INC (NNN) is neutral.