Spirit Realty Capital Inc (SRC) Stock Technical Analysis
NYSE:SRC - New York Stock Exchange, Inc. - US84860W3007 - REIT - Currency: USD
Overall SRC gets a technical rating of 6 out of 10. SRC has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
In the last month SRC has a been trading in the 42.15 - 45.60 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
SRC is one of the better performing stocks in the Diversified REITs industry, it outperforms 84% of 129 stocks in the same industry.
SRC is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SRC is performing more or less in line with the market.
SRC has an average volume of 2418850 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that SRC is one of the better performing stocks in the market, outperforming 79% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Volume is considerably higher in the last couple of days.
SRC has an average technical rating and it also does not offer a high 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
41.38
45.71
When analyzing the support we notice one important area.
- A support zone ranging from 41.80 to 42.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 44.08 to 45.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | UP | POSITIVE | The long term trend for SRC is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SRC is neutral. |
| ChartMill Relative Strength | 79.65 | POSITIVE | SRC has a high relative strength, it outperformed 79.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SRC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SRC is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SRC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.24 | NEUTRAL | The RSI value for SRC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.41 | NEGATIVE | The MACD value suggests SRC has a negative trend. |
| Stochastics (14,3) | 11.45 | OVERSOLD | The low Stochastics value suggests SRC may be oversold. |
| Average True Range in percent/ATR (20) | 2.11 | MEDIUM VOLATILITY | The ATR as a percentage value for SRC suggests some volalility. |
| Average Directional Index/ADX (14) | 37.87 | POSITIVE | The high ADX value value for SRC suggests a strong trend. |
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)
42.31
-0.67 (-1.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-1.56%
1 Week-5.68%
2 Weeks-4.02%
1 Month-2.82%
3 Month30.79%
6 Month4.99%
12 Month-1.35%
2 Year-10.85%
3 Year9.73%
5 Year6.52%
10 Year-20.17%
15 YearN/A
Volatility
ATR(14)0.97
ATR(20)%2.11%
ATR Inc35.2%
Range Today1.52
ADR(20)0.85
ADR(20)%2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.65
Mansfield-0.4
10 Day High45.6
10 Day Low42.15
20 Day High45.6
20 Day Low42.15
52 Week High45.6
52 Week Low32.22
CS1 End42.3
CR1 Start44.08
Volume & EV
DER(3)-1.42%
DER(5)0.57%
Volume45.11M
Volume Incr641.61%
Vol(5)10.21M
Vol(50)2.42M