CORPORATE OFFICE PROPERTIES (OFC)

US22002T1088 - REIT

24.94  +0.39 (+1.59%)

After market: 24.94 0 (0%)

Technical Rating and Analysis

3

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 long term trend is neutral, but the short term trend is negative. Better to stay away from this!
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 126 other stocks in this industry, OFC did better than 61% 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.
Weekly and Daily overview Charts
OFC Weekly chart
OFC Daily chart
Setup Rating and Analysis

7

OFC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.

Support and Resistance Analysis

21.63

29.41

2 important support areas can be observed.

  • 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.

We can see 5 important resistance 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.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
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
OFC Daily chart

CORPORATE OFFICE PROPERTIES

NYSE:OFC (9/14/2023, 8:45:33 PM)

After market: 24.94 0 (0%)

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 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.57
ATR(20)%2.15%
ATR Inc
Range Today0.28
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
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 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume542.70K
Volume Incr102.21%
Vol(5)1.50M
Vol(50)769.31K