NYSE:OLP - New York Stock Exchange, Inc. - US6824061039 - REIT - Currency: USD
We assign a technical rating of 1 out of 10 to OLP. OLP's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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 24.69. Right above this resistance zone may be a good entry point.
23.01
We found 2 important support areas.
We can see 3 important resistance areas.
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 | 35.98 | NEUTRAL | OLP is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of OLP is above a declining 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) | 53.83 | NEUTRAL | The RSI value for OLP is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests OLP has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 87.22 | OVERBOUGHT | The high Stochastics value suggests OLP may be overbought. |
Average True Range in percent/ATR (20) | 2.1 | MEDIUM VOLATILITY | The ATR as a percentage value for OLP suggests some volalility. |
Average Directional Index/ADX (14) | 15.14 | NEGATIVE | The low ADX value for OLP suggests a weak or negative trend. |
24.58
-0.09 (-0.36%)