OMEGA HEALTHCARE INVESTORS (OHI) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:OHI • US6819361006
Taking everything into account, OHI scores 5 out of 10 in our technical rating. In the last year, OHI was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- OHI is one of the better performing stocks in the Diversified REITs industry, it outperforms 76% of 122 stocks in the same industry.
- OHI is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month OHI has a been trading in the 42.18 - 46.17 range, which is quite wide. It is currently trading near the high of this range.
- OHI has an average volume of 1894340 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- When comparing the performance of all stocks over the past year, OHI turns out to be only a medium performer in the overall market: it outperformed 67% of all stocks.
- Volume is considerably higher in the last couple of days.
OHI has an average technical rating and also the quality of the setup is 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
39.32
2 important support areas can be observed.
- A support zone ranging from 42.67 to 44.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @39.72 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 45.93 to 46.03. 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 | NEUTRAL | NEUTRAL | The long term trend for OHI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OHI is neutral. |
| ChartMill Relative Strength | 67.72 | 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 | 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) | 58.72 | NEUTRAL | The RSI value for OHI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests OHI has a positive trend. |
| Stochastics (14,3) | 62.76 | NEUTRAL | The Stochastics value for OHI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.21 | MEDIUM VOLATILITY | The ATR as a percentage value for OHI suggests some volalility. |
| Average Directional Index/ADX (14) | 23.25 | NEUTRAL | The ADX value for OHI suggests a possible start of a new trend. |
45.28
-0.29 (-0.64%)
OMEGA HEALTHCARE INVESTORS / OHI FAQ
Can you provide the ChartMill technical rating for OMEGA HEALTHCARE INVESTORS?
ChartMill assigns a technical rating of 5 / 10 to OHI.
Can you provide the trend direction for OMEGA HEALTHCARE INVESTORS?
The current trend direction for OMEGA HEALTHCARE INVESTORS (OHI) is Bearish.
What is the RSI signal for OHI stock?
OMEGA HEALTHCARE INVESTORS (OHI) has an RSI value of 58.7246. 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 0.143423, 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 44.49 and a resistance level at 45.93. Check the full technical report for our detailed analysis of OHI support and resistance levels.