OMEGA HEALTHCARE INVESTORS (OHI) Stock Technical Analysis
NYSE:OHI • US6819361006
Taking everything into account, OHI scores 10 out of 10 in our technical rating. 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.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that OHI is one of the better performing stocks in the market, outperforming 78% of all 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 86% of them.
- OHI is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month OHI has a been trading in the 42.18 - 47.94 range, which is quite wide. It is currently trading near the high of this range.
- OHI has an average volume of 2003480 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although OHI has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
42.44
We found 2 important support areas.
- A support zone ranging from 44.47 to 45.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 42.87 to 43.69. 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 | 78.4 | POSITIVE | OHI has a high relative strength, it outperformed 78.4% 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) | 68.11 | NEUTRAL | The RSI value for OHI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.42 | POSITIVE | The MACD value suggests OHI has a positive trend. |
| Stochastics (14,3) | 88.52 | OVERBOUGHT | The high Stochastics value suggests OHI may be overbought. |
| Average True Range in percent/ATR (20) | 2.26 | MEDIUM VOLATILITY | The ATR as a percentage value for OHI suggests some volalility. |
| Average Directional Index/ADX (14) | 23.71 | NEUTRAL | The ADX value for OHI suggests a possible start of a new trend. |
47.4
+0.36 (+0.77%)
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 68.1096. 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 0.424749, 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 45.12. Check the full technical report for our detailed analysis of OHI support and resistance levels.