REALTY INCOME CORP. - Daily - Technical analysis published on 08/26/2024 (GMT)
- 95
- 0
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- Timeframe : Daily
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 60.17 USD
My targets
63.41 USD (+2.34%)
68.03 USD (+9.80%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on REALTY INCOME CORP. as long as the price remains well above 60.17 USD. The buyers' bullish objective is set at 63.41 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 68.03 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
0
10
8.2
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This analysis was given by jarias81197. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
REALTY INCOME CORP. rating 61.96 USD. The price has increased by +1.42% since the last closing with the lowest point at 61.39 USD and the highest point at 61.99 USD. The deviation from the price is +0.93% for the low point and -0.05% for the high point.61.39
61.99
61.96
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of REALTY INCOME CORP. in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : Daily
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Upside gap
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 54.72 | 57.28 | 60.17 | 61.96 | 63.41 | 68.03 |
| Change (%) | -11.68% | -7.55% | -2.89% | - | +2.34% | +9.80% |
| Change | -7.24 | -4.68 | -1.79 | - | +1.45 | +6.07 |
| Level | Major | Intermediate | Major | - | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 60.04 | 60.33 | 60.71 | 61.00 | 61.38 | 61.67 | 62.05 |
| Camarilla | 60.91 | 60.97 | 61.03 | 61.09 | 61.15 | 61.21 | 61.27 |
| Woodie | 60.09 | 60.35 | 60.76 | 61.02 | 61.43 | 61.69 | 62.10 |
| Fibonacci | 60.33 | 60.59 | 60.74 | 61.00 | 61.26 | 61.41 | 61.67 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 59.06 | 59.54 | 60.32 | 60.80 | 61.58 | 62.06 | 62.84 |
| Camarilla | 60.74 | 60.86 | 60.98 | 61.09 | 61.21 | 61.32 | 61.44 |
| Woodie | 59.20 | 59.62 | 60.46 | 60.88 | 61.72 | 62.14 | 62.98 |
| Fibonacci | 59.54 | 60.03 | 60.32 | 60.80 | 61.29 | 61.58 | 62.06 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 46.34 | 48.95 | 53.06 | 55.67 | 59.78 | 62.39 | 66.50 |
| Camarilla | 55.31 | 55.93 | 56.54 | 57.16 | 57.78 | 58.39 | 59.01 |
| Woodie | 47.08 | 49.33 | 53.80 | 56.05 | 60.52 | 62.77 | 67.24 |
| Fibonacci | 48.95 | 51.52 | 53.11 | 55.67 | 58.24 | 59.83 | 62.39 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 72.86 | |
| MACD (12,26,9): | 1.2500 | |
| Directional Movement: | 20.21 | |
| AROON (14): | 100.00 | |
| DEMA (21): | 61.56 | |
| Parabolic SAR (0,02-0,02-0,2): | 58.82 | |
| Elder Ray (13): | 1.24 | |
| Super Trend (3,10): | 58.99 | |
| Zig ZAG (10): | 61.92 | |
| VORTEX (21): | 1.1400 | |
| Stochastique (14,3,5): | 85.74 | |
| TEMA (21): | 61.62 | |
| Williams %R (14): | -2.52 | |
| Chande Momentum Oscillator (20): | 1.71 | |
| Repulse (5,40,3): | 1.6100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.3400 | |
| Courbe Coppock: | 5.72 |
| MA7: | 60.85 | |
| MA20: | 59.98 | |
| MA50: | 56.62 | |
| MA100: | 54.64 | |
| MAexp7: | 60.94 | |
| MAexp20: | 59.83 | |
| MAexp50: | 57.56 | |
| MAexp100: | 55.60 | |
| Price / MA7: | +1.82% | |
| Price / MA20: | +3.30% | |
| Price / MA50: | +9.43% | |
| Price / MA100: | +13.40% | |
| Price / MAexp7: | +1.67% | |
| Price / MAexp20: | +3.56% | |
| Price / MAexp50: | +7.64% | |
| Price / MAexp100: | +11.44% |
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.
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