REALTY INCOME CORP. - 1H - Technical analysis published on 11/19/2024 (GMT)
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I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
72%
0%
28%
My opinion
Bearish under 58.65 USD
My targets
56.10 USD (-1.18%)
53.93 USD (-5.00%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 58.65 USD remains possible. It is advisable to trade REALTY INCOME CORP. with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 58.65 USD. The next bearish objective for sellers is set at 56.10 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 53.93 USD. In case of crossing, the next objective would be the support located at 50.08 USD. PS: if there is a bullish break in the resistance located at 58.65 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
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
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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 56.77 USD. The price has increased by +0.41% since the last closing and was traded between 55.97 USD and 56.89 USD over the period. The price is currently at +1.43% from its lowest and -0.21% from its highest.55.97
56.89
56.77
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
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of REALTY INCOME CORP. in 1H shows an overall bearish trend. 64.29% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. 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.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 50.08 | 53.93 | 56.10 | 56.77 | 58.65 | 59.40 | 61.21 |
| Change (%) | -11.78% | -5.00% | -1.18% | - | +3.31% | +4.63% | +7.82% |
| Change | -6.69 | -2.84 | -0.67 | - | +1.88 | +2.63 | +4.44 |
| Level | Major | Intermediate | Major | - | Minor | Major | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 55.28 | 55.62 | 56.20 | 56.54 | 57.12 | 57.46 | 58.04 |
| Camarilla | 56.52 | 56.60 | 56.69 | 56.77 | 56.85 | 56.94 | 57.02 |
| Woodie | 55.39 | 55.68 | 56.31 | 56.60 | 57.23 | 57.52 | 58.15 |
| Fibonacci | 55.62 | 55.98 | 56.19 | 56.54 | 56.90 | 57.11 | 57.46 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 52.63 | 54.25 | 55.40 | 57.02 | 58.17 | 59.79 | 60.94 |
| Camarilla | 55.78 | 56.03 | 56.29 | 56.54 | 56.79 | 57.05 | 57.30 |
| Woodie | 52.39 | 54.13 | 55.16 | 56.90 | 57.93 | 59.67 | 60.70 |
| Fibonacci | 54.25 | 55.31 | 55.97 | 57.02 | 58.08 | 58.74 | 59.79 |
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 52.61 | |
| MACD (12,26,9): | -0.0700 | |
| Directional Movement: | -5.15 | |
| AROON (14): | 71.43 | |
| DEMA (21): | 56.47 | |
| Parabolic SAR (0,02-0,02-0,2): | 56.09 | |
| Elder Ray (13): | 0.11 | |
| Super Trend (3,10): | 57.13 | |
| Zig ZAG (10): | 56.78 | |
| VORTEX (21): | 0.9600 | |
| Stochastique (14,3,5): | 79.79 | |
| TEMA (21): | 56.61 | |
| Williams %R (14): | -11.70 | |
| Chande Momentum Oscillator (20): | 0.34 | |
| Repulse (5,40,3): | 0.6300 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0400 | |
| Courbe Coppock: | 0.99 |
| MA7: | 56.92 | |
| MA20: | 59.03 | |
| MA50: | 60.90 | |
| MA100: | 59.28 | |
| MAexp7: | 56.65 | |
| MAexp20: | 56.62 | |
| MAexp50: | 57.02 | |
| MAexp100: | 57.97 | |
| Price / MA7: | -0.26% | |
| Price / MA20: | -3.83% | |
| Price / MA50: | -6.78% | |
| Price / MA100: | -4.23% | |
| Price / MAexp7: | +0.23% | |
| Price / MAexp20: | +0.28% | |
| Price / MAexp50: | -0.42% | |
| Price / MAexp100: | -2.05% |
Quotes :
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15 min delayed data
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NYSE Stocks
News
The last news published on REALTY INCOME CORP. at the time of the generation of this analysis 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
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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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