WELLTOWER INC (WELL) Stock Technical Analysis
NYSE:WELL • US95040Q1040
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 78% 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 89% of them.
- WELL is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month WELL has a been trading in the 181.47 - 216.43 range, which is quite wide. It is currently trading near the high of this range.
- WELL has an average volume of 3472030 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although WELL has an excellent technical rating, the quality of the presented setup is not ideal 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
177.14
When analyzing the support we can see 3 important areas.
- A support zone ranging from 191.00 to 196.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 181.95 to 186.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @178.93 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @210.73 from a horizontal 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 | 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 | 78.45 | POSITIVE | WELL has a high relative strength, it outperformed 78.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WELL is above the rising 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) | 66.78 | NEUTRAL | The RSI value for WELL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.61 | POSITIVE | The MACD value suggests WELL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.64 | NEUTRAL | The Stochastics value for WELL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.18 | MEDIUM VOLATILITY | The ATR as a percentage value for WELL suggests some volalility. |
| Average Directional Index/ADX (14) | 28.8 | POSITIVE | The high ADX value value for WELL suggests a strong trend. |
208.19
+0.18 (+0.09%)
WELLTOWER INC / WELL 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 66.7817. 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 196.06 and a resistance level at 210.73. Check the full technical report for our detailed analysis of WELL support and resistance levels.