WELLTOWER INC (WELL) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:WELL - US95040Q1040 - REIT
Overall WELL gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, WELL is showing a nice and steady performance.
- WELL is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- 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. 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 94% of 126 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 3388970 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 a tight range between 181.91 and 192.05.
Besides having an excellent technical rating, WELL also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 187.65, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for WELL in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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When analyzing the support we can see 3 important areas.
- A support zone ranging from 184.72 to 187.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 178.85 to 181.35. 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.
When analyzing the resistance we notice one important area.
- 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 | NEUTRAL | NEUTRAL | The short term trend for WELL is neutral. |
| ChartMill Relative Strength | 86.56 | POSITIVE | WELL has a high relative strength, it outperformed 86.56% 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 | 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) | 56.96 | NEUTRAL | The RSI value for WELL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.63 | POSITIVE | The MACD value suggests WELL has a positive trend. |
| Stochastics (14,3) | 77.12 | NEUTRAL | The Stochastics value for WELL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.72 | LOW VOLATILITY | The low ATR as a percentage value for WELL suggests low volalility. |
| Average Directional Index/ADX (14) | 19.4 | NEGATIVE | The low ADX value for WELL suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 192.06 | 184.71 | 7.35 (3.83%) | 25.00% |
| An entry @192.06. This is a Buy Stop order right above the 10 day high. | An exit @184.71. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 7.35 points, which is 3.83%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.96%. |
- 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.
191.38
+3.2 (+1.7%)
WELLTOWER INC / WELL FAQ
What is the ChartMill technical rating of WELLTOWER INC (WELL) stock?
ChartMill assigns a technical rating of 9 / 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 56.9615. This indicates that the stock is currently neutral.
What is the support and resistance level for WELL stock?
WELLTOWER INC (WELL) has a support level at 187.65 and a resistance level at 208.23. Check the full technical report for our detailed analysis of WELL support and resistance levels.