OMEGA HEALTHCARE INVESTORS (OHI) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:OHI • US6819361006
Overall OHI gets a technical rating of 2 out of 10. OHI has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- OHI is one of the better performing stocks in the Diversified REITs industry, it outperforms 70% of 124 stocks in the same industry.
- OHI is currently trading in the upper part of its 52 week range, while the S&P500 Index is trading in the lower part of its yearly range. So OHI is doing quite good in this market.
- OHI has an average volume of 1832140 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- When compared to the yearly performance of all other stocks, OHI outperforms 56% of them, which is more or less in line with the market.
- In the last month OHI has a been trading in the 42.18 - 45.62 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
OHI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 43.01, a Stop Loss order could be placed below this zone.
More info and screens
39.32
2 important support areas can be observed.
- A support zone ranging from 42.51 to 43.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @39.72 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 43.73 to 44.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | UP | POSITIVE | The long term trend for OHI is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OHI is down. |
| ChartMill Relative Strength | 56.31 | 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) | 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) | 41.25 | NEUTRAL | The RSI value for OHI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests OHI has a negative trend. |
| Stochastics (14,3) | 41.43 | NEUTRAL | The Stochastics value for OHI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.27 | MEDIUM VOLATILITY | The ATR as a percentage value for OHI suggests some volalility. |
| Average Directional Index/ADX (14) | 22.89 | NEUTRAL | The ADX value for OHI suggests a possible start of a new trend. |
43.02
-0.86 (-1.96%)
OMEGA HEALTHCARE INVESTORS / OHI FAQ
Can you provide the ChartMill technical rating for OMEGA HEALTHCARE INVESTORS?
ChartMill assigns a technical rating of 2 / 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 41.2457. 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 -0.120328, 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 43.01 and a resistance level at 43.73. Check the full technical report for our detailed analysis of OHI support and resistance levels.