REALTY INCOME CORP (O) Stock Technical Analysis
NYSE:O - New York Stock Exchange, Inc. - US7561091049 - REIT - Currency: USD
Taking everything into account, O scores 6 out of 10 in our technical rating. O has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
O has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 58.32. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 56.50, a Stop Loss order could be placed below this zone.
More info and screens
51.14
We found 2 important support areas.
- A support zone ranging from 56.02 to 56.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 51.66 to 52.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 58.32 to 58.37. This zone is formed by a combination of multiple trend lines in the daily time frame.
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 58.38 | 56.01 | 2.37 (4.06%) | 24.63% |
| An entry @58.38. This is a Buy Stop order right above the resistance zone. | An exit @56.01. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.37 points, which is 4.06%. | For a 1.00% total portfolio risk, you can invest 24.63% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of O. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
56.89
-0.26 (-0.45%)