REALTY INCOME CORP.

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	O
ISIN:

REALTY INCOME CORP. - Weekly - Technical analysis published on 07/20/2024 (GMT)

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Timeframe : Weekly
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

89%

11%

My opinion

Bullish above 54.98 USD

My targets

60.45 USD (+4.98%)

63.71 USD (+10.65%)

My analysis

REALTY INCOME CORP. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 54.98 USD. The next resistance located at 60.45 USD is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 63.71 USD. After this resistance, buyers could then target 68.35 USD.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

6.1

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

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 57.58 USD. Over 5 days, this instrument gained +3.28% with the lowest point at 55.85 USD and the highest point at 58.57 USD. The deviation from the price is +3.11% for the low point and -1.69% for the high point.

55.85

58.57

57.58

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by REALTY INCOME CORP.:

The Central Records scanner for higher/lower results shows the following items:

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Weekly of this REALTY INCOME CORP. chart shows a bullish trend. 64.29% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : Weekly

Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : Weekly

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Weekly

The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Weekly

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Weekly

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Ichimoku - Bullish crossover : Tenkan & Kijun

Type : Bullish

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near horizontal resistance

Type : Bearish

Timeframe : Weekly

Resistance of channel is broken

Type : Bullish

Timeframe : Weekly

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	50.97	54.98	57.56	57.58	60.45	63.71	68.35
Change (%)	-11.48%	-4.52%	-0.03%	-	+4.98%	+10.65%	+18.70%
Change	-6.61	-2.60	-0.02	-	+2.87	+6.13	+10.77
Level	Major	Major	Major	-	Minor	Intermediate	Major

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	56.66	56.93	57.25	57.52	57.84	58.11	58.43
Camarilla	57.42	57.47	57.53	57.58	57.63	57.69	57.74
Woodie	56.70	56.94	57.29	57.53	57.88	58.12	58.47
Fibonacci	56.93	57.15	57.29	57.52	57.74	57.88	58.11

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	50.16	51.38	53.57	54.79	56.98	58.20	60.39
Camarilla	54.81	55.13	55.44	55.75	56.06	56.38	56.69
Woodie	50.64	51.62	54.05	55.03	57.46	58.44	60.87
Fibonacci	51.38	52.69	53.49	54.79	56.10	56.90	58.20

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 the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	65.54
MACD (12,26,9):	0.5700
Directional Movement:	12.65
AROON (14):	92.86
DEMA (21):	54.10
Parabolic SAR (0,02-0,02-0,2):	51.02
Elder Ray (13):	3.19
Super Trend (3,10):	50.76
Zig ZAG (10):	57.58
VORTEX (21):	1.1200
Stochastique (14,3,5):	81.56
TEMA (21):	54.91
Williams %R (14):	-11.41
Chande Momentum Oscillator (20):	4.67
Repulse (5,40,3):	8.4100
ROCnROLL:	1
TRIX (15,9):	0.0500
Courbe Coppock:	7.80

MA7:	56.58
MA20:	54.09
MA50:	53.55
MA100:	52.79
MAexp7:	54.62
MAexp20:	53.55
MAexp50:	53.72
MAexp100:	55.04
Price / MA7:	+1.77%
Price / MA20:	+6.45%
Price / MA50:	+7.53%
Price / MA100:	+9.07%
Price / MAexp7:	+5.42%
Price / MAexp20:	+7.53%
Price / MAexp50:	+7.19%
Price / MAexp100:	+4.61%

Quotes : - 15 min delayed data - 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:

This member declared not having a position on this financial instrument or a related financial instrument.

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