RETAIL OPPORTUNITY INVESTMEN (ROIC)
US76131N1019 - REIT
Taking everything into account, ROIC scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. ROIC was also a bad performer in the overall market in the last year.
62% of all other stocks performed better in the past year than ROIC.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
ROIC is part of the Diversified REITs industry. There are 127 other stocks in this industry, ROIC did better than 47% of them.
ROIC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ROIC is lagging the market.
In the last month ROIC has a been trading in a tight range between 12.16 and 12.77.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, ROIC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 12.64, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ROIC in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
11.69
14.44
2 important support areas can be observed.
- A support zone ranging from 12.15 to 12.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.81 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- Resistance @12.81 from a horizontal line in the daily time frame.
- A resistance zone ranging from 13.09 to 13.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @13.71 from a trend line in the weekly time frame.
- A resistance zone ranging from 14.21 to 14.30. 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
CRS38.49
Mansfield-1.46
10 Day High12.77
10 Day Low12.31
20 Day High12.77
20 Day Low12.16
52 Week High15.17
52 Week Low10.99
Performance
1 Week2.49%
2 Weeks2.99%
1 Month3.83%
3 Month-0.55%
6 Month4.42%
12 Month3.24%
2 Year-29.44%
3 Year-28.61%
5 Year-23.84%
10 Year-19.3%
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)0.05
RSI(14)60.3
LBB12.24
UBB12.73
RETAIL OPPORTUNITY INVESTMEN
NASDAQ:ROIC (5/17/2024, 7:24:03 PM)
After market: 12.75 0 (0%)12.75
+0.1 (+0.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg0.79%
1 Week2.49%
2 Weeks2.99%
1 Month3.83%
3 Month-0.55%
6 Month4.42%
12 Month3.24%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.22
ATR(20)%1.91%
ATR Inc
Range Today0.16
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 High12.77
10 Day Low12.31
20 Day High12.77
20 Day Low12.16
52 Week High15.17
52 Week Low10.99
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume502.70K
Volume Incr-32.2%
Vol(5)591.76K
Vol(50)971.40K