REALTY INCOME CORP (O) Stock Technical Analysis
NYSE:O - New York Stock Exchange, Inc. - US7561091049 - REIT - Currency: USD
Overall O gets a technical rating of 6 out of 10. Although O is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
When comparing the yearly performance of all stocks, O is a bad performer in the overall market: 67% of all stocks are doing better.
The long and short term trends are both positive. This is looking good!
O has an average volume of 5371620 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
O is an average performer in the Diversified REITs industry, it outperforms 67% of 129 stocks in the same industry.
O is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so O is lagging the market.
In the last month O has a been trading in a tight range between 55.92 and 58.69.
O has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 58.32. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 57.58, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
51.14
58.90
3 important support areas can be observed.
- A support zone ranging from 55.83 to 57.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @53.03 from a trend line in the weekly time frame.
- A support zone ranging from 51.66 to 52.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 58.32 to 58.32. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 O is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for O is up. |
| ChartMill Relative Strength | 33.16 | NEUTRAL | O is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of O is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of O is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of O is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.37 | NEUTRAL | The RSI value for O is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests O has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.43 | OVERBOUGHT | The high Stochastics value suggests O may be overbought. |
| Average True Range in percent/ATR (20) | 1.4 | LOW VOLATILITY | The low ATR as a percentage value for O suggests low volalility. |
| Average Directional Index/ADX (14) | 11.03 | NEGATIVE | The low ADX value for O 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 58.33 | 56.26 | 2.07 (3.55%) | 25.00% |
| An entry @58.33. This is a Buy Stop order right above the resistance zone. | An exit @56.26. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.07 points, which is 3.55%. | For a 0.89% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
57.87
-0.61 (-1.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-1.04%
1 Week0.84%
2 Weeks0.73%
1 Month2.62%
3 Month4.21%
6 Month1.37%
12 Month-5.27%
2 Year3.27%
3 Year-15.25%
5 Year-6.71%
10 Year29.49%
15 Year77.57%
Volatility
ATR(14)0.78
ATR(20)%1.4%
ATR Inc4.3%
Range Today0.77
ADR(20)0.81
ADR(20)%1.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.16
Mansfield-0.79
10 Day High58.69
10 Day Low56.27
20 Day High58.69
20 Day Low55.92
52 Week High64.88
52 Week Low50.71
CS1 End57.58
CR1 Start58.32
Volume & EV
DER(3)-1.3%
DER(5)0.44%
Volume4.33M
Volume Incr-3.19%
Vol(5)4.72M
Vol(50)5.37M