REALTY INCOME CORP. - Weekly - Technical analysis published on 07/05/2024 (GMT)
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- Timeframe : Weekly
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bearish
Technical indicators
44%
11%
44%
My opinion
Bearish under 54.98 USD
My targets
50.97 USD (-3.56%)
46.76 USD (-11.52%)
My analysis
The basic trend is bearish on REALTY INCOME CORP. and in the short term, the price is trying to rebound. For the time being, this is only a technical rebound and the basic trend is not threatened. To have the rebound confirmed, it would have at least to go back above the 54.98 USD. Buyers would then use the next resistance located at 57.56 USD as an objective. Crossing it would then enable buyers to target 60.45 USD. If there is a return to below the support located at 50.97 USD, this would be a sign of a reversal in the basic bearish trend. The next bearish objectives would be 46.76 USD and 44.21 USD by extension.
Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
0.7
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This analysis was given by jarias81197. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The REALTY INCOME CORP. rating is 52.85 USD. Over 5 days, this instrument gained +0.06% and was traded between 51.81 USD and 52.95 USD over the period. The price is currently at +2.01% from its lowest point and -0.19% from its highest point.51.81
52.95
52.85
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by REALTY INCOME CORP.:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of REALTY INCOME CORP. in Weekly shows an overall bearish trend. 67.86% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently being given by short-term moving averages indicate that this bearish trend may be slowing down. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : Weekly
Moving Average bullish crossovers : MA20 & MA50
Type : Bullish
Timeframe : Weekly
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : Weekly
Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
MACD indicator is back under 0
Type : Bearish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 44.21 | 46.76 | 50.97 | 52.85 | 54.98 | 57.56 | 60.45 |
Change (%) | -16.35% | -11.52% | -3.56% | - | +4.03% | +8.91% | +14.38% |
Change | -8.64 | -6.09 | -1.88 | - | +2.13 | +4.71 | +7.60 |
Level | Major | Intermediate | Major | - | Major | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 51.72 | 52.02 | 52.23 | 52.53 | 52.74 | 53.04 | 53.25 |
Camarilla | 52.30 | 52.35 | 52.39 | 52.44 | 52.49 | 52.53 | 52.58 |
Woodie | 51.68 | 52.00 | 52.19 | 52.51 | 52.70 | 53.02 | 53.21 |
Fibonacci | 52.02 | 52.22 | 52.34 | 52.53 | 52.73 | 52.85 | 53.04 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 49.21 | 50.40 | 51.48 | 52.67 | 53.75 | 54.94 | 56.02 |
Camarilla | 51.93 | 52.13 | 52.34 | 52.55 | 52.76 | 52.97 | 53.17 |
Woodie | 49.15 | 50.37 | 51.42 | 52.64 | 53.69 | 54.91 | 55.96 |
Fibonacci | 50.40 | 51.27 | 51.81 | 52.67 | 53.54 | 54.08 | 54.94 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 48.54 | 50.07 | 51.31 | 52.84 | 54.08 | 55.61 | 56.85 |
Camarilla | 51.79 | 52.04 | 52.30 | 52.55 | 52.80 | 53.06 | 53.31 |
Woodie | 48.40 | 50.00 | 51.17 | 52.77 | 53.94 | 55.54 | 56.71 |
Fibonacci | 50.07 | 51.13 | 51.78 | 52.84 | 53.90 | 54.55 | 55.61 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
RSI (14): | 48.92 | |
MACD (12,26,9): | -0.0100 | |
Directional Movement: | -6.49 | |
AROON (14): | 14.28 | |
DEMA (21): | 52.75 | |
Parabolic SAR (0,02-0,02-0,2): | 50.72 | |
Elder Ray (13): | -0.44 | |
Super Trend (3,10): | 50.49 | |
Zig ZAG (10): | 52.61 | |
VORTEX (21): | 1.0200 | |
Stochastique (14,3,5): | 52.76 | |
TEMA (21): | 53.08 | |
Williams %R (14): | -48.02 | |
Chande Momentum Oscillator (20): | 1.40 | |
Repulse (5,40,3): | 0.7000 | |
ROCnROLL: | 2 | |
TRIX (15,9): | 0.0100 | |
Courbe Coppock: | 4.18 |
MA7: | 52.46 | |
MA20: | 52.71 | |
MA50: | 53.17 | |
MA100: | 52.33 | |
MAexp7: | 52.82 | |
MAexp20: | 52.80 | |
MAexp50: | 53.46 | |
MAexp100: | 54.97 | |
Price / MA7: | +0.74% | |
Price / MA20: | +0.27% | |
Price / MA50: | -0.60% | |
Price / MA100: | +0.99% | |
Price / MAexp7: | +0.06% | |
Price / MAexp20: | +0.09% | |
Price / MAexp50: | -1.14% | |
Price / MAexp100: | -3.86% |
Quotes :
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15 min delayed data
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NYSE Stocks
News
Don't forget to follow the news on REALTY INCOME CORP.. At the time of publication of this analysis, the latest news was as follows:
- Investor Network: Realty Income Corporation to Host Earnings Call
- Realty Income Prices $700 Million Of Multi-Tranche Senior Unsecured Notes
- Realty Income To Redeem All Outstanding Shares Of 6.625% Class F Preferred Stock
- Realty Income Closes 10.85 Million Share Common Stock Offering
- Universal Health Realty Income Trust Reports 2016 Fourth Quarter And Full Year Financial Results
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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