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. 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.
- 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!
- OHI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so OHI is lagging the market slightly.
- OHI has an average volume of 1970760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, OHI outperforms 65% of them, which is more or less in line with the market.
- OHI is part of the Diversified REITs industry. There are 122 other stocks in this industry, OHI did better than 61% of them.
- In the last month OHI has a been trading in the 43.49 - 47.05 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
OHI Weekly and Daily overview Charts
OHI Setup Rating and Analysis
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. There is a support zone below the current price at 45.79, a Stop Loss order could be placed below this zone.
More info and screens
OHI Support and Resistance Analysis
42.49
When analyzing the support we notice one important area.
- A support zone ranging from 42.92 to 45.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 47.90 to 48.41. This zone is formed by a combination of multiple trend lines 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 | 65.16 | NEUTRAL | OHI is not amongst the best or worst performers 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 | MIXED | The current price of OHI is below 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) | 50.61 | NEUTRAL | The RSI value for OHI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests OHI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.37 | OVERBOUGHT | The high Stochastics value suggests OHI may be overbought. |
| Average True Range in percent/ATR (20) | 1.82 | LOW VOLATILITY | The low ATR as a percentage value for OHI suggests low volalility. |
| Average Directional Index/ADX (14) | 16.02 | NEGATIVE | The low ADX value for OHI suggests a weak or negative trend. |
OHI Chart- and CandleStick Pattern Analysis
OHI Example Setup
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 |
|---|---|---|---|
| 47.06 | 44.29 | 2.77 (5.88%) | 17.02% |
| An entry @47.05. This is a Buy Stop order right above the 10 day high. | An exit @44.29. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.77 points, which is 5.88%. | When investing 17.02% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
OHI Technicals: Chart, Performance Metrics, Trend & Indicators
45.95
-0.56 (-1.2%)
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.
What is the current trend direction of OMEGA HEALTHCARE INVESTORS (OHI) stock?
The current trend direction for OMEGA HEALTHCARE INVESTORS (OHI) is Bullish.
What is the RSI signal for OMEGA HEALTHCARE INVESTORS (OHI) stock?
OMEGA HEALTHCARE INVESTORS (OHI) has an RSI value of 50.6132. This indicates that the stock is currently neutral.
What are the support and resistance levels for OMEGA HEALTHCARE INVESTORS (OHI) stock?
OMEGA HEALTHCARE INVESTORS (OHI) has a support level at 45.79 and a resistance level at 47.9. Check the full technical report for our detailed analysis of OHI support and resistance levels.