WELLTOWER INC (WELL) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:WELL - US95040Q1040 - REIT
We assign a technical rating of 7 out of 10 to WELL. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
WELL has an excellent technical rating, but the quality of the setup is 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.
More info and screens
160.26
We found 3 important support areas.
- A support zone ranging from 184.96 to 186.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 174.98 to 177.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @161.88 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 186.60 to 190.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 208.23 to 208.23. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The short term trend for WELL is down. |
| ChartMill Relative Strength | 88.81 | POSITIVE | WELL has a high relative strength, it outperformed 88.81% 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 | MIXED | The current price of WELL is below 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) | 38.83 | NEUTRAL | The RSI value for WELL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.11 | NEGATIVE | The MACD value suggests WELL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.23 | OVERSOLD | The low Stochastics value suggests WELL may be oversold. |
| Average True Range in percent/ATR (20) | 2.27 | MEDIUM VOLATILITY | The ATR as a percentage value for WELL suggests some volalility. |
| Average Directional Index/ADX (14) | 32.17 | POSITIVE | The high ADX value value for WELL suggests a strong trend. |
186.01
-1.48 (-0.79%)
WELLTOWER INC / WELL FAQ
What is the ChartMill technical rating of WELLTOWER INC (WELL) stock?
ChartMill assigns a technical rating of 7 / 10 to WELL.
What is the current trend direction of WELLTOWER INC (WELL) stock?
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 38.8262. This indicates that the stock is currently neutral.
Can you provide the short term momentum for WELLTOWER INC?
The short term momentum for WELLTOWER INC (WELL) is negative.
Can you provide the support and resistance levels for WELLTOWER INC?
WELLTOWER INC (WELL) has a support level at 186 and a resistance level at 186.6. Check the full technical report for our detailed analysis of WELL support and resistance levels.