ONE LIBERTY PROPERTIES INC (OLP) Stock Technical Analysis
NYSE:OLP • US6824061039
Taking everything into account, OLP scores 8 out of 10 in our technical rating. Although OLP is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- OLP is one of the lesser performing stocks in the Diversified REITs industry. 60% of 123 stocks in the same industry do better.
- Both the short term and long term trends are positive. This is a very positive sign.
- In the last month OLP has a been trading in the 20.53 - 23.49 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the performance of all stocks over the past year, OLP turns out to be only a medium performer in the overall market: it outperformed 42% of all stocks.
- OLP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so OLP is lagging the market.
OLP has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 23.31. Right above this resistance zone may be a good entry point.
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19.73
When analyzing the support we can see 3 important areas.
- A support zone ranging from 21.10 to 21.35. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 20.52 to 20.52. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 19.93 to 20.09. 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 23.31 to 23.36. 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 OLP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OLP is up. |
| ChartMill Relative Strength | 42.55 | 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) | UP | POSITIVE | The current price of OLP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of OLP is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 68.65 | NEUTRAL | The RSI value for OLP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests OLP has a positive trend. |
| Stochastics (14,3) | 86.13 | OVERBOUGHT | The high Stochastics value suggests OLP may be overbought. |
| Average True Range in percent/ATR (20) | 2.27 | MEDIUM VOLATILITY | The ATR as a percentage value for OLP suggests some volalility. |
| Average Directional Index/ADX (14) | 37.09 | POSITIVE | The high ADX value value for OLP 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 |
|---|---|---|---|
| 23.37 | 22.06 | 1.31 (5.61%) | 17.84% |
| An entry @23.37. This is a Buy Stop order right above the resistance zone. | An exit @22.06. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.31 points, which is 5.61%. | For a 1.00% total portfolio risk, you can invest 17.84% 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.
23.3
+0.38 (+1.66%)
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 8 / 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 Bullish.
Can you provide the RSI signal for ONE LIBERTY PROPERTIES INC?
ONE LIBERTY PROPERTIES INC (OLP) has an RSI value of 68.6494. 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 0.063031, indicating a bearish trend.
What is the support and resistance level for OLP stock?
ONE LIBERTY PROPERTIES INC (OLP) has a support level at 21.35 and a resistance level at 23.31. Check the full technical report for our detailed analysis of OLP support and resistance levels.