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. In the last year, WELL was one of the better performers, but we do observe some doubts in the very recent evolution.
WELL has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 186.78, 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 184.96 to 186.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 175.95 to 178.13. 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.
2 important resistance areas can be observed.
- A resistance zone ranging from 187.91 to 190.05. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- 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 | 88.24 | POSITIVE | WELL has a high relative strength, it outperformed 88.24% 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) | 42.87 | NEUTRAL | The RSI value for WELL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.15 | NEGATIVE | The MACD value suggests WELL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.01 | OVERSOLD | The low Stochastics value suggests WELL may be oversold. |
| Average True Range in percent/ATR (20) | 1.97 | LOW VOLATILITY | The low ATR as a percentage value for WELL suggests low volalility. |
| Average Directional Index/ADX (14) | 30.1 | POSITIVE | The high ADX value value for WELL suggests a strong 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 |
|---|---|---|---|
| 190.06 | 184.95 | 5.11 (2.69%) | 25.00% |
| An entry @190.06. This is a Buy Stop order right above the resistance zone. | An exit @184.95. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 5.11 points, which is 2.69%. | For a 0.67% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
187.86
+0.16 (+0.09%)
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 42.8734. 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 186.78 and a resistance level at 187.91. Check the full technical report for our detailed analysis of WELL support and resistance levels.