REALTY INCOME CORP. - Daily - Technical analysis published on 09/28/2024 (GMT)
- 122
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
61%
11%
28%
My opinion
Bullish above 59.92 USD
My targets
64.84 USD (+3.36%)
67.42 USD (+7.48%)
My analysis
The bullish trend is currently very strong on REALTY INCOME CORP.. As long as the price remains above the support at 59.92 USD, you could try to benefit from the boom. The first bullish objective is located at 64.84 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 67.42 USD as an objective. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.7
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. price is 62.73 USD. On the day, this instrument gained +0.40% and was between 62.54 USD and 63.27 USD. This implies that the price is at +0.30% from its lowest and at -0.85% from its highest.62.54
63.27
62.73
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of REALTY INCOME CORP. indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The technical indicators are bullish. There is still some doubt about the price increase.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Aroon indicator bullish trend
Type : Bullish
Timeframe : Daily
Momentum indicator is back over 0
Type : Bullish
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near resistance of channel
Type : Bearish
Timeframe : Daily
Near horizontal support
Type : Bullish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 57.23 | 59.92 | 62.19 | 62.73 | 64.84 | 67.42 |
| Change (%) | -8.77% | -4.48% | -0.86% | - | +3.36% | +7.48% |
| Change | -5.50 | -2.81 | -0.54 | - | +2.11 | +4.69 |
| Level | Minor | Major | Major | - | Minor | Major |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 61.69 | 62.12 | 62.42 | 62.85 | 63.15 | 63.58 | 63.88 |
| Camarilla | 62.53 | 62.60 | 62.66 | 62.73 | 62.80 | 62.86 | 62.93 |
| Woodie | 61.64 | 62.09 | 62.37 | 62.82 | 63.10 | 63.55 | 63.83 |
| Fibonacci | 62.12 | 62.40 | 62.57 | 62.85 | 63.13 | 63.30 | 63.58 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 60.34 | 61.04 | 61.88 | 62.58 | 63.42 | 64.12 | 64.96 |
| Camarilla | 62.31 | 62.45 | 62.59 | 62.73 | 62.87 | 63.01 | 63.15 |
| Woodie | 60.42 | 61.08 | 61.96 | 62.62 | 63.50 | 64.16 | 65.04 |
| Fibonacci | 61.04 | 61.63 | 61.99 | 62.58 | 63.17 | 63.53 | 64.12 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 52.77 | 54.70 | 58.28 | 60.21 | 63.79 | 65.72 | 69.30 |
| Camarilla | 60.34 | 60.84 | 61.35 | 61.85 | 62.36 | 62.86 | 63.37 |
| Woodie | 53.59 | 55.11 | 59.10 | 60.62 | 64.61 | 66.13 | 70.12 |
| Fibonacci | 54.70 | 56.81 | 58.11 | 60.21 | 62.32 | 63.62 | 65.72 |
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): | 60.08 | |
| MACD (12,26,9): | 0.5600 | |
| Directional Movement: | 4.39 | |
| AROON (14): | 42.86 | |
| DEMA (21): | 62.92 | |
| Parabolic SAR (0,02-0,02-0,2): | 60.47 | |
| Elder Ray (13): | 0.61 | |
| Super Trend (3,10): | 60.36 | |
| Zig ZAG (10): | 62.73 | |
| VORTEX (21): | 1.0300 | |
| Stochastique (14,3,5): | 77.79 | |
| TEMA (21): | 62.49 | |
| Williams %R (14): | -18.95 | |
| Chande Momentum Oscillator (20): | 0.12 | |
| Repulse (5,40,3): | -0.1800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1600 | |
| Courbe Coppock: | 0.26 |
| MA7: | 62.15 | |
| MA20: | 62.37 | |
| MA50: | 60.53 | |
| MA100: | 56.77 | |
| MAexp7: | 62.43 | |
| MAexp20: | 62.05 | |
| MAexp50: | 60.31 | |
| MAexp100: | 57.89 | |
| Price / MA7: | +0.93% | |
| Price / MA20: | +0.58% | |
| Price / MA50: | +3.63% | |
| Price / MA100: | +10.50% | |
| Price / MAexp7: | +0.48% | |
| Price / MAexp20: | +1.10% | |
| Price / MAexp50: | +4.01% | |
| Price / MAexp100: | +8.36% |
Quotes :
-
15 min delayed data
-
NYSE Stocks
News
The latest news and videos published on REALTY INCOME CORP. at the time of the analysis were 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
Online
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…
Add a comment
Comments
0 comments on the analysis REALTY INCOME CORP. - Daily