NNN REIT INC (NNN) Technical Analysis
NYSE:NNN • US6374171063
Current stock price
NNN Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to NNN. Although NNN is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- NNN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so NNN is lagging the market slightly.
- NNN has an average volume of 1489620 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, NNN outperforms 47% of them, which is more or less in line with the market.
- NNN is an average performer in the Diversified REITs industry, it outperforms 44% of 122 stocks in the same industry.
- In the last month NNN has a been trading in the 41.63 - 45.41 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
NNN Weekly and Daily overview Charts
NNN Setup Rating and Analysis
NNN has an average technical rating and it also does not offer a high 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.
More info and screens
NNN Support and Resistance Analysis
39.11
We found 3 important support areas.
- A support zone ranging from 42.59 to 42.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 41.26 to 41.37. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 39.50 to 40.02. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 44.02 to 45.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
NNN Technical Indicator Signal Analysis
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 | 47.63 | 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 | 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) | 47.83 | NEUTRAL | The RSI value for NNN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests NNN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 68.52 | NEUTRAL | The Stochastics value for NNN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.57 | LOW VOLATILITY | The low ATR as a percentage value for NNN suggests low volalility. |
| Average Directional Index/ADX (14) | 20.9 | NEUTRAL | The ADX value for NNN suggests a possible start of a new trend. |
NNN Chart- and CandleStick Pattern Analysis
NNN Technicals: Chart, Performance Metrics, Trend & Indicators
43.62
-0.77 (-1.73%)
NNN REIT INC / NNN TA FAQ
Can you provide the ChartMill technical rating for NNN REIT INC?
ChartMill assigns a technical rating of 6 / 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 Bullish.
What is the RSI signal for NNN REIT INC (NNN) stock?
NNN REIT INC (NNN) has an RSI value of 47.8292. This indicates that the stock is currently neutral.
What are the support and resistance levels for NNN REIT INC (NNN) stock?
NNN REIT INC (NNN) has a support level at 42.69 and a resistance level at 44.02. Check the full technical report for our detailed analysis of NNN support and resistance levels.