ONE LIBERTY PROPERTIES INC (OLP) Stock Technical Analysis
NYSE:OLP • US6824061039
Taking everything into account, OLP scores 5 out of 10 in our technical rating. In the past year, OLP was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- 67% of all other stocks performed better in the past year than OLP.
- OLP is part of the Diversified REITs industry. There are 122 other stocks in this industry, of which 66% are performing better than OLP.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- OLP 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.
- 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.
Although the technical rating is only medium, OLP does present a nice setup opportunity. 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 22.77. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 22.74, a Stop Loss order could be placed below this zone.
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19.73
When analyzing the support we can see 4 important areas.
- A support zone ranging from 22.42 to 22.74. 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 20.98 to 21.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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.
2 important resistance areas can be observed.
- A resistance zone ranging from 22.77 to 22.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @23.36 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 | NEUTRAL | NEUTRAL | The long term trend for OLP is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OLP is up. |
| ChartMill Relative Strength | 33.1 | 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) | 67.24 | NEUTRAL | The RSI value for OLP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests OLP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.65 | OVERBOUGHT | The high Stochastics value suggests OLP may be overbought. |
| Average True Range in percent/ATR (20) | 2.23 | MEDIUM VOLATILITY | The ATR as a percentage value for OLP suggests some volalility. |
| Average Directional Index/ADX (14) | 30.97 | POSITIVE | The high ADX value value for OLP suggests a strong trend. |
22.76
+0.02 (+0.09%)
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 5 / 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 67.242. 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 0.092199, indicating a bearish trend.
What is the support and resistance level for OLP stock?
ONE LIBERTY PROPERTIES INC (OLP) has a support level at 22.74 and a resistance level at 22.77. Check the full technical report for our detailed analysis of OLP support and resistance levels.