OMEGA HEALTHCARE INVESTORS (OHI) Technical Analysis
NYSE:OHI • US6819361006
Current stock price
OHI Technical Rating and Analysis
Taking everything into account, OHI scores 6 out of 10 in our technical rating. OHI was one of the better performers 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 OHI has a been trading in the 44.57 - 49.14 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- Looking at the yearly performance, OHI did better than 76% of all other stocks. We also observe that the gains produced by OHI over the past year are nicely spread over this period.
- OHI is one of the better performing stocks in the Diversified REITs industry, it outperforms 81% of 123 stocks in the same industry.
- OHI is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so OHI is performing more or less in line with the market.
- OHI has an average volume of 2093370 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
OHI Weekly and Daily overview Charts
OHI Setup Rating and Analysis
OHI has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
OHI Support and Resistance Analysis
42.49
We found 1 important support area.
- A support zone ranging from 42.92 to 43.98. 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 47.44 to 48.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
OHI Technical Indicator Signal Analysis
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 | UP | POSITIVE | The long term trend for OHI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OHI is neutral. |
| ChartMill Relative Strength | 76.51 | POSITIVE | OHI has a high relative strength, it outperformed 76.51% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OHI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OHI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OHI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 34.07 | NEUTRAL | The RSI value for OHI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.36 | NEGATIVE | The MACD value suggests OHI has a negative trend. |
| Stochastics (14,3) | 15.22 | OVERSOLD | The low Stochastics value suggests OHI may be oversold. |
| Average True Range in percent/ATR (20) | 2.22 | MEDIUM VOLATILITY | The ATR as a percentage value for OHI suggests some volalility. |
| Average Directional Index/ADX (14) | 25.51 | POSITIVE | The high ADX value value for OHI suggests a strong trend. |
OHI Chart- and CandleStick Pattern Analysis
OHI Technicals: Chart, Performance Metrics, Trend & Indicators
44.79
-2.02 (-4.32%)
OMEGA HEALTHCARE INVESTORS / OHI TA FAQ
Can you provide the ChartMill technical rating for OMEGA HEALTHCARE INVESTORS?
ChartMill assigns a technical rating of 6 / 10 to OHI.
Can you provide the trend direction for OMEGA HEALTHCARE INVESTORS?
The current trend direction for OMEGA HEALTHCARE INVESTORS (OHI) is Bullish.
What is the RSI signal for OHI stock?
OMEGA HEALTHCARE INVESTORS (OHI) has an RSI value of 34.0722. This indicates that the stock is currently neutral.
Can you provide the MACD signal for OMEGA HEALTHCARE INVESTORS?
The MACD indicator for OMEGA HEALTHCARE INVESTORS (OHI) has a value of -0.364924, indicating a bearish trend.
What are the support and resistance levels for OMEGA HEALTHCARE INVESTORS (OHI) stock?
OMEGA HEALTHCARE INVESTORS (OHI) has a support level at 43.98 and a resistance level at 47.44. Check the full technical report for our detailed analysis of OHI support and resistance levels.