OMEGA HEALTHCARE INVESTORS (OHI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:OHI - US6819361006 - REIT
We assign a technical rating of 8 out of 10 to OHI. Although OHI is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although OHI has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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35.34
When analyzing the support we can see 4 important areas.
- A support zone ranging from 40.75 to 41.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 39.23 to 39.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @37.37 from a horizontal line in the daily time frame.
- Strong support @35.70 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 45.93 to 45.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The short term trend for OHI is up. |
| ChartMill Relative Strength | 74.73 | POSITIVE | OHI has a high relative strength, it outperformed 74.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OHI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OHI is above the rising 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) | 72.53 | OVERBOUGHT | The high RSI value suggests OHI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests OHI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.62 | OVERBOUGHT | The high Stochastics value suggests OHI may be overbought. |
| Average True Range in percent/ATR (20) | 2.15 | MEDIUM VOLATILITY | The ATR as a percentage value for OHI suggests some volalility. |
| Average Directional Index/ADX (14) | 42.98 | POSITIVE | The high ADX value value for OHI suggests a strong trend. |
45.92
+0.1 (+0.22%)
OMEGA HEALTHCARE INVESTORS / OHI FAQ
Can you provide the ChartMill technical rating for OMEGA HEALTHCARE INVESTORS?
ChartMill assigns a technical rating of 8 / 10 to OHI.
What is the trend direction for OHI stock?
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 72.5257. This indicates that the stock is currently overbought.
What is the MACD signal for OHI stock?
The MACD indicator for OMEGA HEALTHCARE INVESTORS (OHI) has a value of 0.140721, indicating a bearish trend.
What is the support and resistance level for OHI stock?
OMEGA HEALTHCARE INVESTORS (OHI) has a support level at 41.09 and a resistance level at 45.93. Check the full technical report for our detailed analysis of OHI support and resistance levels.