OFFICE PROPERTIES INCOME TRUST

- USD (-)

- 15 min delayed data - NASDAQ Stocks

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Type:	Stocks
Ticker:	OPI
ISIN:

OFFICE PROPERTIES INCOME TRUST - Daily - Technical analysis published on 08/16/2019 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : NEUTRAL

Summary of the analysis

Trends

Court terme: Neutral

De fond: Slightly bearish

Technical indicators

17%

44%

39%

My opinion

Neutral between 26.36 USD and 29.67 USD

My targets

My analysis

The neutral short-term trend shows a weakening of the basic, slightly bearish trend on OFFICE PROPERTIES INCOME TRUST. It is difficult to advise a trading direction under these conditions. The first support is located at 26.36 USD. The first resistance is located at 29.67 USD. You could 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.

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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

OFFICE PROPERTIES INCOME TRUST rating 26.92 USD. On the day, this instrument gained +1.13% and was traded between 26.50 USD and 27.33 USD over the period. The price is currently at +1.58% from its lowest and -1.50% from its highest.

26.50

27.33

26.92

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Opening Gap UP

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by OFFICE PROPERTIES INCOME TRUST:

Technical

A technical analysis in Daily of this OFFICE PROPERTIES INCOME TRUST chart shows a slightly bearish trend. Only 46.43% of the signals given by moving averages are bearish. This slightly bearish 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 price crossover with Moving Average 100

Type : Bearish

Timeframe : Daily

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : Daily

Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : Daily

Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : Daily

The probability of a further decline is low given the direction of the technical indicators.
Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

RSI indicator is back under 50

Type : Bearish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Support of channel is broken

Type : Bearish

Timeframe : Daily

Support of triangle is broken

Type : Bearish

Timeframe : Daily

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	23.71	26.36	26.92	29.67	31.60	37.38
Change (%)	-11.92%	-2.08%	-	+10.22%	+17.38%	+38.86%
Change	-3.21	-0.56	-	+2.75	+4.68	+10.46
Level	Major	Major	-	Intermediate	Intermediate	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	25.94	26.17	26.40	26.63	26.85	27.08	27.31
Camarilla	26.49	26.54	26.58	26.62	26.66	26.70	26.75
Woodie	25.94	26.17	26.39	26.62	26.85	27.08	27.31
Fibonacci	26.17	26.34	26.45	26.63	26.80	26.91	27.08

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	23.67	24.83	25.90	27.06	28.13	29.29	30.36
Camarilla	26.37	26.57	26.78	26.98	27.18	27.39	27.59
Woodie	23.64	24.81	25.87	27.04	28.10	29.27	30.33
Fibonacci	24.83	25.68	26.21	27.06	27.91	28.44	29.29

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	24.02	24.96	26.57	27.51	29.11	30.05	31.66
Camarilla	27.47	27.70	27.94	28.17	28.40	28.64	28.87
Woodie	24.35	25.13	26.90	27.67	29.44	30.22	31.99
Fibonacci	24.96	25.93	26.54	27.51	28.48	29.08	30.05

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):	49.51
MACD (12,26,9):	0.0700
Directional Movement:	1.04
AROON (14):	-21.43
DEMA (21):	27.20
Parabolic SAR (0,02-0,02-0,2):	28.08
Elder Ray (13):	-0.15
Super Trend (3,10):	25.95
Zig ZAG (10):	26.92
VORTEX (21):	0.9900
Stochastique (14,3,5):	36.32
TEMA (21):	27.05
Williams %R (14):	-61.93
Chande Momentum Oscillator (20):	-1.00
Repulse (5,40,3):	-0.6300
ROCnROLL:	-1
TRIX (15,9):	0.1100
Courbe Coppock:	1.24

MA7:	27.12
MA20:	27.12
MA50:	26.48
MA100:	26.63
MAexp7:	26.99
MAexp20:	27.04
MAexp50:	26.82
MAexp100:	27.59
Price / MA7:	-0.74%
Price / MA20:	-0.74%
Price / MA50:	+1.66%
Price / MA100:	+1.09%
Price / MAexp7:	-0.26%
Price / MAexp20:	-0.44%
Price / MAexp50:	+0.37%
Price / MAexp100:	-2.43%

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

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