OMEGA HEALTHCARE INVESTORS (OHI) Stock Technical Analysis
NYSE:OHI - New York Stock Exchange, Inc. - US6819361006 - REIT - Currency: USD
Overall OHI gets a technical rating of 6 out of 10. Although OHI has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
Looking at the yearly performance, OHI did better than 86% of all other stocks.
OHI is part of the Diversified REITs industry. There are 130 other stocks in this industry. OHI outperforms 89% of them.
In the last month OHI has a been trading in the 35.04 - 39.65 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
OHI has an average volume of 2410930 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
OHI is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
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. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 37.70, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for OHI in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
35.33
42.04
2 important support areas can be observed.
- A support zone ranging from 36.93 to 37.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 35.69 to 35.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 37.84 to 38.33. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 39.34 to 39.35. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @41.62 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.38
Mansfield0.4
10 Day High38.91
10 Day Low36.9
20 Day High39.65
20 Day Low35.04
52 Week High44.42
52 Week Low30.26
Performance
1 Week-2.15%
2 Weeks0.19%
1 Month0.64%
3 Month1.45%
6 Month-9.17%
12 Month21.39%
2 Year41.03%
3 Year48.12%
5 Year29.47%
10 Year4.57%
15 Year88.51%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.02
RSI(14)49.77
LBB36.4
UBB39.12
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 |
|---|---|---|---|
| 38.34 | 36.92 | 1.42 (3.70%) | 25.00% |
| An entry @38.34. This is a Buy Stop order right above the resistance zone. | An exit @36.92. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.42 points, which is 3.70%. | For a 0.93% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of OHI. Please evaluate whether better entry and exit points can be found.
- 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.
37.74
-0.11 (-0.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-0.29%
1 Week-2.15%
2 Weeks0.19%
1 Month0.64%
3 Month1.45%
6 Month-9.17%
12 Month21.39%
2 Year41.03%
3 Year48.12%
5 Year29.47%
10 Year4.57%
15 Year88.51%
Volatility
ATR(14)1.04
ATR(20)%2.69%
ATR Inc-52.24%
Range Today0.55
ADR(20)1
ADR(20)%2.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.38
Mansfield0.4
10 Day High38.91
10 Day Low36.9
20 Day High39.65
20 Day Low35.04
52 Week High44.42
52 Week Low30.26
CS1 End37.7
CR1 Start37.84
Volume & EV
DER(3)3.42%
DER(5)3.26%
Volume2.22M
Volume Incr-10.4%
Vol(5)2.41M
Vol(50)2.41M