WELLTOWER INC (WELL) Stock Technical Analysis
NYSE:WELL - US95040Q1040 - REIT
165.84 USD
+0.94 (+0.57%)
165.84 USD
0 (0%)
We assign a technical rating of 10 out of 10 to WELL. Both in the recent history as in the last year, WELL has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, WELL did better than 82% of all other stocks. We also observe that the gains produced by WELL over the past year are nicely spread over this period.
WELL is one of the better performing stocks in the Diversified REITs industry, it outperforms 96% of 129 stocks in the same industry.
WELL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so WELL is lagging the market slightly.
WELL has an average volume of 2849840 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month WELL has a been trading in the 161.26 - 171.09 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
WELL has an excellent technical rating and also presents 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 165.88. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 164.86, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
141.23
171.40
5 important support areas can be observed.
- A support zone ranging from 164.19 to 164.86. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 159.49 to 159.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @155.45 from a trend line in the daily time frame.
- Support @151.44 from a horizontal line in the daily time frame.
- A support zone ranging from 142.66 to 143.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 165.88 to 169.70. 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 WELL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WELL is up. |
| ChartMill Relative Strength | 82.31 | POSITIVE | WELL has a high relative strength, it outperformed 82.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WELL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WELL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WELL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.29 | NEUTRAL | The RSI value for WELL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.42 | NEGATIVE | The MACD value suggests WELL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 38.96 | NEUTRAL | The Stochastics value for WELL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.71 | LOW VOLATILITY | The low ATR as a percentage value for WELL suggests low volalility. |
| Average Directional Index/ADX (14) | 25.88 | POSITIVE | The high ADX value value for WELL 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 169.71 | 164.18 | 5.53 (3.26%) | 25.00% |
| An entry @169.71. This is a Buy Stop order right above the resistance zone. | An exit @164.18. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 5.53 points, which is 3.26%. | For a 0.81% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
165.84
+0.94 (+0.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg0.57%
1 Week1.39%
2 Weeks0.64%
1 Month-0.07%
3 Month7.49%
6 Month8.03%
12 Month37.42%
2 Year100.1%
3 Year116.36%
5 Year188.32%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.88
ATR(20)%1.71%
ATR Inc-30.41%
Range Today2.5
ADR(20)2.75
ADR(20)%1.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.31
Mansfield0.57
10 Day High168.47
10 Day Low161.26
20 Day High171.09
20 Day Low161.26
52 Week High171.09
52 Week Low120.23
CS1 End164.86
CR1 Start165.88
Volume & EV
DER(3)0.96%
DER(5)0.65%
Volume3.63M
Volume Incr-2.58%
Vol(5)2.44M
Vol(50)2.85M