REALTY INCOME CORP. - Weekly - Technical analysis published on 11/06/2024 (GMT)
- 76
- 0
- Timeframe : Weekly
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bullish
Technical indicators
22%
33%
44%
My opinion
Neutral between 54.02 USD and 59.40 USD
My targets
-
My analysis
The neutral short-term trend shows a weakening of the basic, slightly bullish trend on REALTY INCOME CORP.. It is difficult to advise a trading direction under these conditions. The first resistance is located at 59.40 USD. The first support is located at 54.02 USD. We can stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.
Technical indicators are neutral in the very short term and are not able to influence the opinion of this 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. price is 56.84 USD. The price registered a decrease of -6.02% over 5 days and was traded between 56.00 USD and 60.05 USD over the period. The price is currently at +1.50% from its lowest point and -5.35% from its highest point.56.00
60.05
56.84
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Weekly of this REALTY INCOME CORP. chart shows a slightly bullish trend. Only 60.71% of the signals given by moving averages are bullish. This slightly bullish trend could return to neutral given the neutral signals also given by short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : Weekly
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : Weekly
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : Weekly
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Weekly
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
RSI indicator is back under 50
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near support of channel
Type : Bullish
Timeframe : Weekly
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Three black crows
Type : Bearish
Timeframe : Weekly
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 50.08 | 54.02 | 56.10 | 56.84 | 59.40 | 64.28 | 66.83 |
| Change (%) | -11.89% | -4.96% | -1.30% | - | +4.50% | +13.09% | +17.58% |
| Change | -6.76 | -2.82 | -0.74 | - | +2.56 | +7.44 | +9.99 |
| Level | Major | Major | Major | - | Intermediate | Major | 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 | 57.07 | 57.49 | 58.16 | 58.58 | 59.25 | 59.67 | 60.34 |
| Camarilla | 58.52 | 58.62 | 58.72 | 58.82 | 58.92 | 59.02 | 59.12 |
| Woodie | 57.19 | 57.55 | 58.28 | 58.64 | 59.37 | 59.73 | 60.46 |
| Fibonacci | 57.49 | 57.91 | 58.17 | 58.58 | 59.00 | 59.26 | 59.67 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 54.85 | 56.83 | 57.86 | 59.84 | 60.87 | 62.85 | 63.88 |
| Camarilla | 58.05 | 58.33 | 58.60 | 58.88 | 59.16 | 59.43 | 59.71 |
| Woodie | 54.37 | 56.59 | 57.38 | 59.60 | 60.39 | 62.61 | 63.40 |
| Fibonacci | 56.83 | 57.98 | 58.69 | 59.84 | 60.99 | 61.70 | 62.85 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 51.71 | 55.38 | 57.24 | 60.91 | 62.77 | 66.44 | 68.30 |
| Camarilla | 57.58 | 58.09 | 58.59 | 59.10 | 59.61 | 60.11 | 60.62 |
| Woodie | 50.81 | 54.93 | 56.34 | 60.46 | 61.87 | 65.99 | 67.40 |
| Fibonacci | 55.38 | 57.49 | 58.80 | 60.91 | 63.02 | 64.33 | 66.44 |
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): | 45.77 | |
| MACD (12,26,9): | 1.7100 | |
| Directional Movement: | 0.52 | |
| AROON (14): | -14.29 | |
| DEMA (21): | 61.42 | |
| Parabolic SAR (0,02-0,02-0,2): | 64.58 | |
| Elder Ray (13): | -1.81 | |
| Super Trend (3,10): | 56.64 | |
| Zig ZAG (10): | 56.72 | |
| VORTEX (21): | 1.1000 | |
| Stochastique (14,3,5): | 33.14 | |
| TEMA (21): | 61.80 | |
| Williams %R (14): | -91.90 | |
| Chande Momentum Oscillator (20): | -2.59 | |
| Repulse (5,40,3): | -11.4200 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.6100 | |
| Courbe Coppock: | 15.52 |
| MA7: | 59.04 | |
| MA20: | 61.44 | |
| MA50: | 61.66 | |
| MA100: | 58.87 | |
| MAexp7: | 59.96 | |
| MAexp20: | 58.94 | |
| MAexp50: | 56.45 | |
| MAexp100: | 55.76 | |
| Price / MA7: | -3.73% | |
| Price / MA20: | -7.49% | |
| Price / MA50: | -7.82% | |
| Price / MA100: | -3.45% | |
| Price / MAexp7: | -5.20% | |
| Price / MAexp20: | -3.56% | |
| Price / MAexp50: | +0.69% | |
| Price / MAexp100: | +1.94% |
Quotes :
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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
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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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