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 4 out of 10. In the last year, OHI was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
In the last month OHI has a been trading in the 35.70 - 38.49 range, which is quite wide. It is currently trading near the high of this range.
OHI has an average volume of 2790700 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.
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 41% of all stocks.
OHI is an average performer in the Diversified REITs industry, it outperforms 59% of 130 stocks in the same industry.
OHI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so OHI is lagging the market.
OHI has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
35.18
42.04
3 important support areas can be observed.
- A support zone ranging from 38.03 to 38.33. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 36.75 to 37.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 35.54 to 36.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Strong resistance @39.34 from a horizontal line in the daily time frame.
- Resistance @41.62 from a horizontal line in the weekly time frame.
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 | 41.87 | 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) | DOWN | MIXED | The current price of OHI is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of OHI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 67.21 | 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) | 79.03 | NEUTRAL | The Stochastics value for OHI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.8 | LOW VOLATILITY | The low ATR as a percentage value for OHI suggests low volalility. |
| Average Directional Index/ADX (14) | 12.75 | NEGATIVE | The low ADX value for OHI suggests a weak or negative trend. |
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)
38.35
+0.81 (+2.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg2.16%
1 Week5.1%
2 Weeks4.84%
1 Month3.59%
3 Month-0.57%
6 Month2.65%
12 Month6.79%
2 Year20.22%
3 Year23.71%
5 Year18.44%
10 Year5.76%
15 Year74.48%
Volatility
ATR(14)0.67
ATR(20)%1.8%
ATR Inc100.25%
Range Today0.75
ADR(20)0.66
ADR(20)%1.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.87
Mansfield-0.72
10 Day High38.49
10 Day Low35.7
20 Day High38.49
20 Day Low35.7
52 Week High44.42
52 Week Low35.04
CS1 End38.33
CR1 Start39.34
Volume & EV
DER(3)-0.85%
DER(5)-1.15%
Volume3.20M
Volume Incr4.49%
Vol(5)2.89M
Vol(50)2.79M