NYSE:OHI - New York Stock Exchange, Inc. - US6819361006 - REIT - Currency: USD
Overall OHI gets a technical rating of 6 out of 10. Although OHI has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
OHI has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 37.70, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for OHI in the last couple of days, which is a good sign.
35.33
2 important support areas can be observed.
We can see 3 important resistance areas.
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 |
---|---|---|---|
38.34 | 36.92 | 1.42 (3.70%) | 25.00% |
An entry @38.34. This is a Buy Stop order right above the resistance zone. | An exit @36.92. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.42 points, which is 3.70%. | For a 0.93% total portfolio risk, you can invest 25.00% of your capital in this trade. |
37.74
-0.11 (-0.29%)