SITE CENTERS CORP (SITC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:SITC - US82981J8514 - REIT
Overall SITC gets a technical rating of 1 out of 10. SITC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
SITC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 7.37. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for SITC 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.
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6.71
When analyzing the support we notice one important area.
- Support @6.78 from a horizontal line in the daily time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 7.37 to 7.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @9.01 from a horizontal line in the daily time frame.
- Resistance @10.82 from a trend line in the weekly time frame.
- Resistance @11.12 from a trend line in the daily time frame.
- Resistance @13.15 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for SITC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SITC is down. |
| ChartMill Relative Strength | 7.91 | NEGATIVE | SITC has a low relative strength, it was outperformed by 92.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SITC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SITC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SITC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.44 | NEUTRAL | The RSI value for SITC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests SITC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 68.95 | NEUTRAL | The Stochastics value for SITC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.26 | MEDIUM VOLATILITY | The ATR as a percentage value for SITC suggests some volalility. |
| Average Directional Index/ADX (14) | 41.22 | POSITIVE | The high ADX value value for SITC suggests a strong trend. |
7.3
+0.08 (+1.11%)
SITE CENTERS CORP / SITC FAQ
What is the technical rating for SITC stock?
ChartMill assigns a technical rating of 1 / 10 to SITC.
Can you provide the trend direction for SITE CENTERS CORP?
The current trend direction for SITE CENTERS CORP (SITC) is Bearish.
What is the RSI signal for SITE CENTERS CORP (SITC) stock?
SITE CENTERS CORP (SITC) has an RSI value of 44.4361. This indicates that the stock is currently neutral.
What is the short term momentum for SITC stock?
The short term momentum for SITE CENTERS CORP (SITC) is negative.
What is the buy/sell signal for SITE CENTERS CORP (SITC) stock?
The buy/sell signal for SITE CENTERS CORP (SITC) is sell as both the short term and long term trends are negative.