WELLTOWER INC (WELL) Stock Technical Analysis
NYSE:WELL - New York Stock Exchange, Inc. - US95040Q1040 - REIT - Currency: USD
Overall WELL gets a technical rating of 9 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 term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, WELL did better than 84% of all other stocks. On top of that, WELL also shows a nice and consistent pattern of rising prices.
WELL is one of the better performing stocks in the Diversified REITs industry, it outperforms 95% of 129 stocks in the same industry.
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.
WELL has an average volume of 3111510 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 148.97 and 156.22.
Besides having an excellent technical rating, WELL also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 155.17. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 152.71, a Stop Loss order could be placed below this zone.
More info and screens
141.23
158.44
2 important support areas can be observed.
- A support zone ranging from 149.13 to 152.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @142.66 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 155.17 to 156.87. 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 | 84.7 | POSITIVE | WELL has a high relative strength, it outperformed 84.7% 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) | 57.47 | NEUTRAL | The RSI value for WELL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests WELL has a positive trend. |
| Stochastics (14,3) | 60.77 | NEUTRAL | The Stochastics value for WELL is a neutral value. |
| 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) | 14.37 | NEGATIVE | The low ADX value for WELL suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
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 |
|---|---|---|---|
| 156.88 | 149.12 | 7.76 (4.95%) | 20.22% |
| An entry @156.88. This is a Buy Stop order right above the resistance zone. | An exit @149.12. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 7.76 points, which is 4.95%. | When investing 20.22% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
155.16
+2.44 (+1.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg1.6%
1 Week1.56%
2 Weeks1.09%
1 Month3.27%
3 Month8.75%
6 Month24.35%
12 Month48.91%
2 Year88.87%
3 Year79.71%
5 Year189.69%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.16
ATR(20)%1.97%
ATR Inc3.14%
Range Today3.6
ADR(20)2.96
ADR(20)%1.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.7
Mansfield0.51
10 Day High155.52
10 Day Low148.97
20 Day High156.22
20 Day Low148.97
52 Week High158.55
52 Week Low104.1
CS1 End152.71
CR1 Start155.17
Volume & EV
DER(3)-1.32%
DER(5)-1.3%
Volume2.46M
Volume Incr-25.12%
Vol(5)2.67M
Vol(50)3.11M