OMEGA HEALTHCARE INVESTORS (OHI) Technical Analysis
NYSE:OHI • US6819361006
We assign a technical rating of 10 out of 10 to OHI. Both in the recent history as in the last year, OHI has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, OHI did better than 79% of all other stocks. On top of that, OHI also shows a nice and consistent pattern of rising prices.
- OHI is part of the Diversified REITs industry. There are 123 other stocks in this industry. OHI outperforms 89% of them.
- OHI is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so OHI is performing more or less in line with the market.
- OHI is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- OHI has an average volume of 1934040 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
OHI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
42.49
When analyzing the support we can see 2 important areas.
- A support zone ranging from 45.25 to 45.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 42.92 to 43.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 47.90 to 48.28. 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 | UP | POSITIVE | The short term trend for OHI is up. |
| ChartMill Relative Strength | 79.17 | POSITIVE | OHI has a high relative strength, it outperformed 79.17% off all stocks 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) | 60.34 | NEUTRAL | The RSI value for OHI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests OHI has a negative trend. |
| Stochastics (14,3) | 38.46 | NEUTRAL | The Stochastics value for OHI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.96 | LOW VOLATILITY | The low ATR as a percentage value for OHI suggests low volalility. |
| Average Directional Index/ADX (14) | 25.73 | POSITIVE | The high ADX value value for OHI suggests a strong trend. |
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 |
|---|---|---|---|
| 48.29 | 46.48 | 1.81 (3.75%) | 25.00% |
| An entry @48.29. This is a Buy Stop order right above the resistance zone. | An exit @46.48. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.81 points, which is 3.75%. | For a 0.94% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
OHI Technicals: Chart, Performance Metrics, Trend & Indicators
47.69
+0.62 (+1.32%)
OMEGA HEALTHCARE INVESTORS / OHI FAQ
Can you provide the ChartMill technical rating for OMEGA HEALTHCARE INVESTORS?
ChartMill assigns a technical rating of 10 / 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 60.3369. 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 -0.0492424, 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 45.66 and a resistance level at 47.9. Check the full technical report for our detailed analysis of OHI support and resistance levels.