WELLTOWER INC (WELL) Stock Technical Analysis
NYSE:WELL • US95040Q1040
Taking everything into account, WELL scores 10 out of 10 in our technical rating. 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.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, WELL did better than 82% of all other 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 90% of 123 stocks in the same industry.
- WELL is currently making a new 52 week high. This is a strong signal. 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.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- WELL has an average volume of 3482700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although WELL has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
176.72
When analyzing the support we can see 3 important areas.
- A support zone ranging from 190.69 to 194.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 183.67 to 185.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @178.50 from a trend line in the daily 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 | 82.97 | POSITIVE | WELL has a high relative strength, it outperformed 82.97% 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) | 82.31 | OVERBOUGHT | The high RSI value suggests WELL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 3.02 | POSITIVE | The MACD value suggests WELL has a positive trend. |
| Stochastics (14,3) | 92.27 | OVERBOUGHT | The high Stochastics value suggests WELL may be overbought. |
| Average True Range in percent/ATR (20) | 2.11 | MEDIUM VOLATILITY | The ATR as a percentage value for WELL suggests some volalility. |
| Average Directional Index/ADX (14) | 26.04 | POSITIVE | The high ADX value value for WELL suggests a strong trend. |
215.48
+4.76 (+2.26%)
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 82.3116. This indicates that the stock is currently overbought.
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 194.95. Check the full technical report for our detailed analysis of WELL support and resistance levels.