OUTFRONT MEDIA INC (OUT)
US69007J1060 - REIT
We assign a technical rating of 4 out of 10 to OUT. In the last year, OUT was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
In the last month OUT has a been trading in the 14.53 - 16.75 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
OUT is one of the better performing stocks in the Specialized REITs industry, it outperforms 85% of 28 stocks in the same industry.
OUT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so OUT is lagging the market slightly.
OUT has an average volume of 1843610 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When compared to the yearly performance of all other stocks, OUT outperforms 61% of them, which is more or less in line with the market.
Although the technical rating is only medium, OUT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 14.69, a Stop Loss order could be placed below this zone.
More info and screens
12.11
16.96
When analyzing the support we can see 3 important areas.
- A support zone ranging from 14.69 to 14.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @13.45 from a trend line in the daily time frame.
- Support @12.23 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 15.38 to 15.72. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 16.37 to 16.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.39
Mansfield-0.16
10 Day High16.75
10 Day Low14.53
20 Day High16.75
20 Day Low14.53
52 Week High17.02
52 Week Low8.18
Performance
1 Week-9.76%
2 Weeks-4.85%
1 Month-7.31%
3 Month14.49%
6 Month28.72%
12 Month3.59%
2 Year-28.74%
3 Year-38.6%
5 Year-40.37%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.09
RSI(14)38.88
LBB14.48
UBB16.37
OUTFRONT MEDIA INC
NYSE:OUT (5/8/2024, 7:10:52 PM)
After market: 14.7 0 (0%)14.7
-0.42 (-2.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustrySpecialized REITs
Performance
% Chg-2.78%
1 Week-9.76%
2 Weeks-4.85%
1 Month-7.31%
3 Month14.49%
6 Month28.72%
12 Month3.59%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.6
ATR(20)%3.96%
ATR Inc
Range Today0.37
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High16.75
10 Day Low14.53
20 Day High16.75
20 Day Low14.53
52 Week High17.02
52 Week Low8.18
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.26M
Volume Incr66.06%
Vol(5)2.46M
Vol(50)1.84M