HEALTHPEAK PROPERTIES INC (PEAK) Technical Analysis

NYSE:PEAK • US42250P1030

Current stock price

17.1 USD
+0.35 (+2.09%)
At close:
17.1 USD
0 (0%)
After Hours:

PEAK Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to PEAK. PEAK scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

  • Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
  • When comparing the yearly performance of all stocks, PEAK is a bad performer in the overall market: 85% of all stocks are doing better.
  • PEAK is one of the lesser performing stocks in the Diversified REITs industry. 77% of 122 stocks in the same industry do better.
  • PEAK is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PEAK is lagging the market.
  • PEAK is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
  • Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
  • PEAK has an average volume of 7212770 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

PEAK Weekly and Daily overview Charts

HEALTHPEAK PROPERTIES INC / PEAK Weekly stock chart
HEALTHPEAK PROPERTIES INC / PEAK Daily stock chart

PEAK Setup Rating and Analysis

8

Although the technical rating is bad, PEAK does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 17.11. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for PEAK in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.

PEAK Support and Resistance Analysis

15.39

20.90

We found 2 important support areas.

  • Support @16.37 from a horizontal line in the daily time frame.
  • Support @15.55 from a horizontal line in the daily time frame.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 17.11 to 17.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @19.87 from a trend line in the weekly time frame.
  • A resistance zone ranging from 20.46 to 20.69. This zone is formed by a combination of multiple trend lines in multiple time frames.

PEAK Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for PEAK is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for PEAK is down.
ChartMill Relative Strength15.24NEGATIVEPEAK has a low relative strength, it was outperformed by 84.76% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of PEAK is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of PEAK is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of PEAK is below a declining SMA(200).
Relative Strength Index/RSI (14)44.44NEUTRALThe RSI value for PEAK is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.04POSITIVEThe MACD value suggests PEAK has a positive trend.
Stochastics (14,3)43.07NEUTRALThe Stochastics value for PEAK is a neutral value.
Average True Range in percent/ATR (20)3.1MEDIUM VOLATILITYThe ATR as a percentage value for PEAK suggests some volalility.
Average Directional Index/ADX (14)38.39POSITIVEThe high ADX value value for PEAK suggests a strong trend.

PEAK Chart- and CandleStick Pattern Analysis

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)

PEAK Technicals: Chart, Performance Metrics, Trend & Indicators

HEALTHPEAK PROPERTIES INC / PEAK Daily stock chart

HEALTHPEAK PROPERTIES INC

NYSE:PEAK (3/1/2024, 8:04:00 PM)

After market: 17.1 0 (0%)

17.1

+0.35 (+2.09%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg2.09%
1 Week2.83%
2 Weeks-2.06%
1 Month-9.14%
3 Month-6.04%
6 Month-17.19%
12 Month-29.57%
2 Year-50.19%
3 Year-46.12%
5 Year-45.37%
10 Year-55.92%
15 Year-4.2%
Volatility
ATR(14)0.51
ATR(20)%3.1%
ATR Inc3.95%
Range Today0.65
ADR(20)0.44
ADR(20)%2.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.24
3 months CRSN/A
6 months CRSN/A
Mansfield-2.48
10 Day High17.24
10 Day Low16.02
20 Day High18.49
20 Day Low16.02
52 Week High24.46
52 Week Low15.24
CS1 End16.37
CR1 Start17.11
Volume & EV
DER(3)4.12%
DER(5)3.81%
Volume9.98M
Volume Incr188.63%
Vol(5)20.33M
Vol(50)7.21M

HEALTHPEAK PROPERTIES INC / PEAK TA FAQ

Can you provide the ChartMill technical rating for HEALTHPEAK PROPERTIES INC?

ChartMill assigns a technical rating of 0 / 10 to PEAK.


What is the current trend direction of HEALTHPEAK PROPERTIES INC (PEAK) stock?

The current trend direction for HEALTHPEAK PROPERTIES INC (PEAK) is Bearish.


What is the RSI signal for HEALTHPEAK PROPERTIES INC (PEAK) stock?

HEALTHPEAK PROPERTIES INC (PEAK) has an RSI value of 44.4363. This indicates that the stock is currently neutral.


What is the short term momentum for PEAK stock?

The short term momentum for HEALTHPEAK PROPERTIES INC (PEAK) is negative.


Can you provide the support and resistance levels for HEALTHPEAK PROPERTIES INC?

HEALTHPEAK PROPERTIES INC (PEAK) has a support level at 16.37 and a resistance level at 17.11. Check the full technical report for our detailed analysis of PEAK support and resistance levels.