REALTY INCOME CORP (O) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:O - US7561091049 - REIT
Overall O gets a technical rating of 1 out of 10. O has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, O does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 57.98. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 57.03, a Stop Loss order could be placed below this zone.
More info and screens
51.14
We found 2 important support areas.
- A support zone ranging from 55.83 to 57.03. This zone is formed by a combination of multiple trend lines and important moving averages in the daily 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.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 57.98 to 60.80. This zone is formed by a combination of multiple trend lines and important moving averages 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 O is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for O is neutral. |
| ChartMill Relative Strength | 44.43 | NEUTRAL | O is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of O is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of O is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of O is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.74 | NEUTRAL | The RSI value for O is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests O has a positive trend. |
| Stochastics (14,3) | 83.4 | OVERBOUGHT | The high Stochastics value suggests O may be overbought. |
| Average True Range in percent/ATR (20) | 1.42 | LOW VOLATILITY | The low ATR as a percentage value for O suggests low volalility. |
| Average Directional Index/ADX (14) | 22.01 | NEUTRAL | The ADX value for O suggests a possible start of a new trend. |
57.43
-0.18 (-0.31%)
REALTY INCOME CORP / O FAQ
Can you provide the ChartMill technical rating for REALTY INCOME CORP?
ChartMill assigns a technical rating of 1 / 10 to O.
What is the trend direction for O stock?
The current trend direction for REALTY INCOME CORP (O) is Bearish.
What is the RSI signal for O stock?
REALTY INCOME CORP (O) has an RSI value of 49.7368. This indicates that the stock is currently neutral.
Can you provide the MACD signal for REALTY INCOME CORP?
The MACD indicator for REALTY INCOME CORP (O) has a value of 0.171902, indicating a bearish trend.