WELLTOWER INC (WELL) Technical Analysis
NYSE:WELL • US95040Q1040
Current stock price
WELL Technical Rating and Analysis
Overall WELL gets a technical rating of 10 out of 10. 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!
- When comparing the yearly performance of all stocks, we notice that WELL is one of the better performing stocks in the market, outperforming 86% of all stocks. On top of that, WELL also shows a nice and consistent pattern of rising prices.
- WELL is part of the Diversified REITs industry. There are 123 other stocks in this industry. WELL outperforms 95% of them.
- WELL is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so WELL is leading the market.
- WELL is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- WELL has an average volume of 3232790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
WELL Weekly and Daily overview Charts
WELL Setup Rating and Analysis
Besides having an excellent technical rating, WELL also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 213.17. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 209.50, a Stop Loss order could be placed below this zone.
More info and screens
WELL Support and Resistance Analysis
180.13
When analyzing the support we can see 3 important areas.
- A support zone ranging from 207.43 to 209.50. 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 189.22 to 191.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 181.95 to 184.97. 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 213.17 to 215.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
WELL 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 | 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 | 86.84 | POSITIVE | WELL has a high relative strength, it outperformed 86.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of WELL is above 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) | 66.23 | NEUTRAL | The RSI value for WELL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.26 | NEGATIVE | The MACD value suggests WELL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 85.03 | OVERBOUGHT | The high Stochastics value suggests WELL may be overbought. |
| Average True Range in percent/ATR (20) | 1.99 | LOW VOLATILITY | The low ATR as a percentage value for WELL suggests low volalility. |
| Average Directional Index/ADX (14) | 23.65 | NEUTRAL | The ADX value for WELL suggests a possible start of a new trend. |
WELL Chart- and CandleStick Pattern Analysis
WELL Example Setup
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 |
|---|---|---|---|
| 215.50 | 207.42 | 8.08 (3.75%) | 25.00% |
| An entry @215.50. This is a Buy Stop order right above the resistance zone. | An exit @207.42. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 8.08 points, which is 3.75%. | For a 0.94% 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.
WELL Technicals: Chart, Performance Metrics, Trend & Indicators
213.16
+2.98 (+1.42%)
WELLTOWER INC / WELL TA FAQ
What is the ChartMill technical rating of WELLTOWER INC (WELL) stock?
ChartMill assigns a technical rating of 10 / 10 to WELL.
Can you provide the trend direction for WELLTOWER INC?
The current trend direction for WELLTOWER INC (WELL) is Bullish.
What is the RSI signal for WELL stock?
WELLTOWER INC (WELL) has an RSI value of 66.232. This indicates that the stock is currently neutral.
What is the buy/sell signal for WELL stock?
The buy/sell signal for WELLTOWER INC (WELL) is buy as both the short term and long term trends are positive.
What is the support and resistance level for WELL stock?
WELLTOWER INC (WELL) has a support level at 209.5 and a resistance level at 213.17. Check the full technical report for our detailed analysis of WELL support and resistance levels.