OMEGA HEALTHCARE INVESTORS (OHI) Technical Analysis
NYSE:OHI • US6819361006
Current stock price
OHI Technical Rating and Analysis
Overall OHI gets a technical rating of 2 out of 10. OHI has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- In the last month OHI has a been trading in the 43.49 - 49.12 range, which is quite wide. It is currently trading near the lows of this range.
- OHI has an average volume of 2067330 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When compared to the yearly performance of all other stocks, OHI outperforms 59% of them, which is more or less in line with the market.
- OHI is an average performer in the Diversified REITs industry, it outperforms 63% of 122 stocks in the same industry.
- OHI 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 OHI is lagging the market slightly.
OHI Weekly and Daily overview Charts
OHI Setup Rating and Analysis
OHI has a poor technical rating and the quality of the setup is also only medium 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.
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 44.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 45.55 to 46.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | NEUTRAL | NEUTRAL | The long term trend for OHI is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OHI is down. |
| ChartMill Relative Strength | 59.18 | NEUTRAL | OHI is not amongst the best or worst performers 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) | 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) | 43 | NEUTRAL | The RSI value for OHI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.24 | NEGATIVE | The MACD value suggests OHI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.86 | OVERSOLD | The low Stochastics value suggests OHI may be oversold. |
| 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) | 27.38 | 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
45
+0.67 (+1.51%)
OMEGA HEALTHCARE INVESTORS / OHI TA FAQ
Can you provide the ChartMill technical rating for OMEGA HEALTHCARE INVESTORS?
ChartMill assigns a technical rating of 2 / 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 Bearish.
What is the RSI signal for OMEGA HEALTHCARE INVESTORS (OHI) stock?
OMEGA HEALTHCARE INVESTORS (OHI) has an RSI value of 42.9973. 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 44.54 and a resistance level at 45.55. Check the full technical report for our detailed analysis of OHI support and resistance levels.