SITE CENTERS CORP (SITC) Technical Analysis
NYSE:SITC • US82981J8514
Current stock price
SITC Technical Rating and Analysis
Taking everything into account, SITC scores 0 out of 10 in our technical rating. SITC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 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, SITC is a bad performer in the overall market: 91% of all stocks are doing better.
- SITC is part of the Diversified REITs industry. There are 123 other stocks in this industry, of which 87% are performing better than SITC.
- SITC is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so SITC is lagging the market.
- In the last month SITC has a been trading in the 5.34 - 6.77 range, which is quite wide. It is currently trading near the lows of this range.
- Volume is considerably higher in the last couple of days.
SITC Weekly and Daily overview Charts
SITC Setup Rating and Analysis
The technical rating of SITC is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
SITC Support and Resistance Analysis
5.44
We can see 4 important resistance areas.
- A resistance zone ranging from 5.75 to 5.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 6.08 to 6.12. 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 6.24 to 6.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @9.25 from a trend line in the weekly time frame.
SITC 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.
| 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 | 9.53 | NEGATIVE | SITC has a low relative strength, it was outperformed by 90.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SITC is below a declining 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) | 26.41 | OVERSOLD | The low RSI value suggests SITC may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests SITC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.35 | OVERSOLD | The low Stochastics value suggests SITC may be oversold. |
| Average True Range in percent/ATR (20) | 3.83 | MEDIUM VOLATILITY | The ATR as a percentage value for SITC suggests some volalility. |
| Average Directional Index/ADX (14) | 36.08 | POSITIVE | The high ADX value value for SITC suggests a strong trend. |
SITC Chart- and CandleStick Pattern Analysis
SITC Technicals: Chart, Performance Metrics, Trend & Indicators
5.49
+0.01 (+0.18%)
SITE CENTERS CORP / SITC TA FAQ
What is the technical rating for SITC stock?
ChartMill assigns a technical rating of 0 / 10 to SITC.
What is the current trend direction of SITE CENTERS CORP (SITC) stock?
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 26.4086. This indicates that the stock is currently oversold.
What is the short term momentum for SITC stock?
The short term momentum for SITE CENTERS CORP (SITC) is negative.
Can you provide the buy/sell signal for SITE CENTERS CORP?
The buy/sell signal for SITE CENTERS CORP (SITC) is sell as both the short term and long term trends are negative.