OUTFRONT MEDIA INC (OUT) Technical Analysis
NYSE:OUT • US69007J3041
Overall OUT gets a technical rating of 10 out of 10. Both in the recent history as in the last year, OUT 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.
- Looking at the yearly performance, OUT did better than 90% of all other stocks. On top of that, OUT also shows a nice and consistent pattern of rising prices.
- OUT is part of the Specialized REITs industry. There are 28 other stocks in this industry. OUT outperforms 96% of them.
- OUT is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so OUT is leading the market.
- In the last month OUT has a been trading in the 24.78 - 29.27 range, which is quite wide. It is currently trading near the high of this range.
- OUT has an average volume of 1361480 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
OUT has an excellent technical rating, but the quality of the setup is only medium 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
13.77
We found 6 important support areas.
- A support zone ranging from 26.57 to 26.94. 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 24.82 to 25.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @23.71 from a horizontal line in the daily time frame.
- Support @19.55 from a trend line in the weekly time frame.
- Support @16.75 from a horizontal line in the daily time frame.
- Support @13.91 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 28.81 to 29.20. 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 OUT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OUT is up. |
| ChartMill Relative Strength | 90.62 | POSITIVE | OUT has a high relative strength, it outperformed 90.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OUT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OUT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OUT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.96 | NEUTRAL | The RSI value for OUT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests OUT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92.14 | OVERBOUGHT | The high Stochastics value suggests OUT may be overbought. |
| Average True Range in percent/ATR (20) | 3.1 | MEDIUM VOLATILITY | The ATR as a percentage value for OUT suggests some volalility. |
| Average Directional Index/ADX (14) | 40.58 | POSITIVE | The high ADX value value for OUT suggests a strong trend. |
OUT Technicals: Chart, Performance Metrics, Trend & Indicators
28.63
-0.57 (-1.95%)
OUTFRONT MEDIA INC / OUT FAQ
What is the technical rating for OUT stock?
ChartMill assigns a technical rating of 10 / 10 to OUT.
Can you provide the trend direction for OUTFRONT MEDIA INC?
The current trend direction for OUTFRONT MEDIA INC (OUT) is Bullish.
What is the RSI signal for OUTFRONT MEDIA INC (OUT) stock?
OUTFRONT MEDIA INC (OUT) has an RSI value of 66.9594. This indicates that the stock is currently neutral.
What is the MACD signal for OUT stock?
The MACD indicator for OUTFRONT MEDIA INC (OUT) has a value of 0.210461, indicating a bearish trend.
What are the support and resistance levels for OUTFRONT MEDIA INC (OUT) stock?
OUTFRONT MEDIA INC (OUT) has a support level at 26.94 and a resistance level at 28.81. Check the full technical report for our detailed analysis of OUT support and resistance levels.