OUTFRONT MEDIA INC (OUT) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:OUT - US69007J3041 - REIT
Taking everything into account, OUT scores 9 out of 10 in our technical rating. 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.
Besides having an excellent technical rating, OUT also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 24.37. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 24.16, a Stop Loss order could be placed below this zone.
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13.77
When analyzing the support we can see 6 important areas.
- A support zone ranging from 23.71 to 24.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @23.27 from a horizontal line in the daily time frame.
- A support zone ranging from 18.41 to 18.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @17.61 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 24.37 to 24.58. 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 | 90.42 | POSITIVE | OUT has a high relative strength, it outperformed 90.42% 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) | 61.13 | NEUTRAL | The RSI value for OUT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests OUT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 65.68 | NEUTRAL | The Stochastics value for OUT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.01 | MEDIUM VOLATILITY | The ATR as a percentage value for OUT suggests some volalility. |
| Average Directional Index/ADX (14) | 38.33 | POSITIVE | The high ADX value value for OUT 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 |
|---|---|---|---|
| 24.59 | 23.70 | 0.89 (3.62%) | 25.00% |
| An entry @24.59. This is a Buy Stop order right above the resistance zone. | An exit @23.70. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.89 points, which is 3.62%. | For a 0.90% total portfolio risk, you can invest 25.00% 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.
24.36
-0.22 (-0.9%)
OUTFRONT MEDIA INC / OUT FAQ
What is the technical rating for OUT stock?
ChartMill assigns a technical rating of 9 / 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 61.1283. 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 -0.0889272, 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 24.16 and a resistance level at 24.37. Check the full technical report for our detailed analysis of OUT support and resistance levels.