OMEGA HEALTHCARE INVESTORS (OHI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:OHI - US6819361006 - REIT
We assign a technical rating of 6 out of 10 to OHI. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Although the technical rating is only medium, OHI does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
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39.01
We found 3 important support areas.
- A support zone ranging from 43.44 to 44.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 41.49 to 41.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 39.40 to 39.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important 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 | UP | POSITIVE | The long term trend for OHI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OHI is neutral. |
| ChartMill Relative Strength | 73.41 | POSITIVE | OHI has a high relative strength, it outperformed 73.41% off all stocks 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 | 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) | 49.87 | NEUTRAL | The RSI value for OHI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests OHI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.01 | OVERSOLD | The low Stochastics value suggests OHI may be oversold. |
| Average True Range in percent/ATR (20) | 1.58 | LOW VOLATILITY | The low ATR as a percentage value for OHI suggests low volalility. |
| Average Directional Index/ADX (14) | 23.01 | NEUTRAL | The ADX value for OHI suggests a possible start of a new trend. |
44.27
+0.41 (+0.93%)
OMEGA HEALTHCARE INVESTORS / OHI FAQ
Can you provide the ChartMill technical rating for OMEGA HEALTHCARE INVESTORS?
ChartMill assigns a technical rating of 6 / 10 to OHI.
What is the trend direction for OHI stock?
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 49.8668. This indicates that the stock is currently neutral.
What is the MACD signal for OHI stock?
The MACD indicator for OMEGA HEALTHCARE INVESTORS (OHI) has a value of -0.212239, indicating a bearish trend.
What is the support and resistance level for OHI stock?
OMEGA HEALTHCARE INVESTORS (OHI) has a support level at 44.12 and a resistance level at 45.93. Check the full technical report for our detailed analysis of OHI support and resistance levels.