SITE CENTERS CORP (SITC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:SITC - US82981J8514 - REIT
We assign a technical rating of 0 out of 10 to SITC. 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 poor technical rating and the quality of the setup is also only medium 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.
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6.22
When analyzing the support we notice one important area.
- A support zone ranging from 6.28 to 6.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @6.71 from a trend line in the daily time frame.
- A resistance zone ranging from 7.37 to 7.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @10.50 from a trend line in the weekly 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 | 7.48 | NEGATIVE | SITC has a low relative strength, it was outperformed by 92.52% 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) | 36.71 | NEUTRAL | The RSI value for SITC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SITC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.4 | NEUTRAL | The Stochastics value for SITC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.19 | MEDIUM VOLATILITY | The ATR as a percentage value for SITC suggests some volalility. |
| Average Directional Index/ADX (14) | 39.25 | POSITIVE | The high ADX value value for SITC suggests a strong trend. |
6.49
-0.06 (-0.92%)
SITE CENTERS CORP / SITC FAQ
What is the technical rating for SITC stock?
ChartMill assigns a technical rating of 0 / 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 36.7096. 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.