NNN REIT INC (NNN) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:NNN - US6374171063 - REIT
Taking everything into account, NNN scores 1 out of 10 in our technical rating. NNN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, NNN does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 40.87. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for NNN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
39.53
When analyzing the support we notice one important area.
- Support @39.93 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 40.87 to 41.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 42.85 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 | 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 | 28.88 | NEGATIVE | NNN has a low relative strength, it was outperformed by 71.12% off all stocks 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) | 41.34 | NEUTRAL | The RSI value for NNN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests NNN has a negative trend. |
| Stochastics (14,3) | 31.75 | NEUTRAL | The Stochastics value for NNN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.47 | LOW VOLATILITY | The low ATR as a percentage value for NNN suggests low volalility. |
| Average Directional Index/ADX (14) | 13.24 | NEGATIVE | The low ADX value for NNN suggests a weak or negative trend. |
40.21
-0.43 (-1.06%)
NNN REIT INC / NNN FAQ
Can you provide the ChartMill technical rating for NNN REIT INC?
ChartMill assigns a technical rating of 1 / 10 to NNN.
Can you provide the trend direction for NNN REIT INC?
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 41.3383. This indicates that the stock is currently neutral.
What is the MACD signal for NNN REIT INC (NNN) stock?
The MACD indicator for NNN REIT INC (NNN) has a value of -0.00282281, indicating a bearish trend.
Can you provide the support and resistance levels for NNN REIT INC?
NNN REIT INC (NNN) has a support level at 39.93 and a resistance level at 40.87. Check the full technical report for our detailed analysis of NNN support and resistance levels.