WELLTOWER INC (WELL) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:WELL - US95040Q1040 - REIT
Overall WELL gets a technical rating of 6 out of 10. In the last year, WELL was one of the better performers, but we do observe some doubts in the very recent evolution.
- Looking at the yearly performance, WELL did better than 80% of all other 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 125 other stocks in this industry. WELL outperforms 88% of them.
- WELL has an average volume of 3467330 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- WELL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WELL is lagging the market.
- In the last month WELL has a been trading in a tight range between 181.51 and 192.19.
Although the technical rating is only medium, WELL does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 183.67, a Stop Loss order could be placed below this zone.
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160.26
We found 3 important support areas.
- A support zone ranging from 179.82 to 183.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @176.19 from a trend line in the daily time frame.
- Support @161.88 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 186.84 to 192.21. 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 | 80.97 | POSITIVE | WELL has a high relative strength, it outperformed 80.97% 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) | DOWN | NEGATIVE | The current price of WELL is below a declining 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) | 41.08 | NEUTRAL | The RSI value for WELL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests WELL has a negative trend. |
| Stochastics (14,3) | 21.29 | NEUTRAL | The Stochastics value for WELL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.9 | LOW VOLATILITY | The low ATR as a percentage value for WELL suggests low volalility. |
| Average Directional Index/ADX (14) | 18.41 | 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 |
|---|---|---|---|
| 186.90 | 181.50 | 5.40 (2.89%) | 25.00% |
| An entry @186.90. This is a Buy Stop order right above the 10 day moving average. | An exit @181.50. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 5.40 points, which is 2.89%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.72%. |
- The distance between exit and entry is rather small compared to the average daily movement of WELL. Please evaluate whether better entry and exit points can be found.
- 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.
183.68
+1.72 (+0.95%)
WELLTOWER INC / WELL FAQ
What is the ChartMill technical rating of WELLTOWER INC (WELL) stock?
ChartMill assigns a technical rating of 6 / 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 41.0847. 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 hold as the short term and long term trends are mixed.
What is the support and resistance level for WELL stock?
WELLTOWER INC (WELL) has a support level at 183.67 and a resistance level at 186.84. Check the full technical report for our detailed analysis of WELL support and resistance levels.