ONE LIBERTY PROPERTIES INC (OLP) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:OLP - US6824061039 - REIT
We assign a technical rating of 2 out of 10 to OLP. Recently some decent action could be observed, but in the medium term time frame this is still negative. OLP was also a bad performer in the overall market in the last year.
Although the technical rating is bad, OLP does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 20.88. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 20.63, a Stop Loss order could be placed below this zone.
More info and screens
19.73
When analyzing the support we notice one important area.
- A support zone ranging from 19.93 to 20.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 20.88 to 20.99. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- A resistance zone ranging from 21.39 to 21.47. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @23.30 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The long term trend for OLP is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OLP is neutral. |
| ChartMill Relative Strength | 21.93 | NEGATIVE | OLP has a low relative strength, it was outperformed by 78.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OLP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OLP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OLP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.41 | NEUTRAL | The RSI value for OLP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests OLP has a positive trend. |
| Stochastics (14,3) | 39.23 | NEUTRAL | The Stochastics value for OLP is a neutral value. |
| Average True Range in percent/ATR (20) | 1.8 | LOW VOLATILITY | The low ATR as a percentage value for OLP suggests low volalility. |
| Average Directional Index/ADX (14) | 16.83 | NEGATIVE | The low ADX value for OLP suggests a weak or negative trend. |
20.74
+0.19 (+0.92%)
ONE LIBERTY PROPERTIES INC / OLP FAQ
What is the ChartMill technical rating of ONE LIBERTY PROPERTIES INC (OLP) stock?
ChartMill assigns a technical rating of 2 / 10 to OLP.
Can you provide the trend direction for ONE LIBERTY PROPERTIES INC?
The current trend direction for ONE LIBERTY PROPERTIES INC (OLP) is Bearish.
Can you provide the RSI signal for ONE LIBERTY PROPERTIES INC?
ONE LIBERTY PROPERTIES INC (OLP) has an RSI value of 53.409. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ONE LIBERTY PROPERTIES INC?
The MACD indicator for ONE LIBERTY PROPERTIES INC (OLP) has a value of 0.00342294, indicating a bearish trend.
What is the support and resistance level for OLP stock?
ONE LIBERTY PROPERTIES INC (OLP) has a support level at 20.63 and a resistance level at 20.88. Check the full technical report for our detailed analysis of OLP support and resistance levels.