CORPORATE OFFICE PROPERTIES (OFC) Stock Technical Analysis
NYSE:OFC - New York Stock Exchange, Inc. - US22002T1088 - REIT - Currency: USD
Overall OFC gets a technical rating of 3 out of 10. OFC has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
In the last month OFC has a been trading in the 24.26 - 26.29 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the performance of all stocks over the past year, OFC turns out to be only a medium performer in the overall market: it outperformed 51% of all stocks.
OFC is part of the Diversified REITs industry. There are 129 other stocks in this industry, OFC did better than 59% of them.
OFC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so OFC is lagging the market slightly.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, OFC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
21.63
29.41
We found 2 important support areas.
- Support @24.63 from a trend line in the daily time frame.
- A support zone ranging from 21.85 to 22.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 25.12 to 25.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @26.44 from a trend line in the daily time frame.
- Resistance @27.69 from a trend line in the weekly time frame.
- A resistance zone ranging from 28.15 to 28.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @29.12 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.31
Mansfield-0.96
10 Day High26.29
10 Day Low24.26
20 Day High26.29
20 Day Low24.26
52 Week High28.69
52 Week Low21.59
Performance
1 Week1.96%
2 Weeks-3.67%
1 Month-0.52%
3 Month3.14%
6 Month9.05%
12 Month-2.08%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.09
RSI(14)45.47
LBB24.36
UBB26.37
24.94
+0.39 (+1.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg1.59%
1 Week1.96%
2 Weeks-3.67%
1 Month-0.52%
3 Month3.14%
6 Month9.05%
12 Month-2.08%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.57
ATR(20)%2.15%
ATR Inc-3.01%
Range Today0.28
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.31
Mansfield-0.96
10 Day High26.29
10 Day Low24.26
20 Day High26.29
20 Day Low24.26
52 Week High28.69
52 Week Low21.59
CS1 End24.63
CR1 Start25.12
Volume & EV
DER(3)-0.25%
DER(5)0.9%
Volume542.70K
Volume Incr102.21%
Vol(5)1.50M
Vol(50)769.31K