REALTY INCOME CORP (O) Stock Technical Analysis
NYSE:O - New York Stock Exchange, Inc. - US7561091049 - REIT - Currency: USD
We assign a technical rating of 5 out of 10 to O. O has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
64% of all other stocks performed better in the past year than O.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
O has an average volume of 5417140 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 56% 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 56.30 and 58.98.
Although the technical rating is only medium, O does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. 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 57.35, a Stop Loss order could be placed below this zone.
More info and screens
51.14
58.98
We found 4 important support areas.
- A support zone ranging from 56.07 to 57.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 55.15 to 55.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @52.86 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.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 58.32 to 58.40. 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 | NEUTRAL | NEUTRAL | The long term trend for O is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for O is up. |
| ChartMill Relative Strength | 36.82 | 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) | 55.72 | NEUTRAL | The RSI value for O is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests O has a positive trend. |
| Stochastics (14,3) | 60.95 | NEUTRAL | The Stochastics value for O is a neutral value. |
| Average True Range in percent/ATR (20) | 1.49 | LOW VOLATILITY | The low ATR as a percentage value for O suggests low volalility. |
| Average Directional Index/ADX (14) | 15.58 | 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)
57.9
-0.12 (-0.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-0.21%
1 Week2.53%
2 Weeks1.29%
1 Month1.22%
3 Month1.78%
6 Month6.55%
12 Month-0.29%
2 Year-5.04%
3 Year-21.75%
5 Year-3.58%
10 Year19.9%
15 Year80.43%
Volatility
ATR(14)0.89
ATR(20)%1.49%
ATR Inc-11.01%
Range Today0.91
ADR(20)0.84
ADR(20)%1.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.82
Mansfield-0.84
10 Day High58.98
10 Day Low56.3
20 Day High58.98
20 Day Low56.3
52 Week High64.88
52 Week Low50.71
CS1 End57.35
CR1 Start58.32
Volume & EV
DER(3)0.84%
DER(5)0.77%
Volume4.44M
Volume Incr-33.91%
Vol(5)4.19M
Vol(50)5.42M