OMEGA HEALTHCARE INVESTORS - Daily - Technical analysis published on 11/22/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Slightly bullish
Technical indicators
17%
56%
28%
My opinion
Bearish under 41.55 USD
My targets
40.19 USD (-1.98%)
38.06 USD (-7.17%)
My analysis
The strong short-term decline in OMEGA HEALTHCARE INVESTORS calls into question the currently slightly bullish basic trend. A trend reversal is likely. As long as the price remains below the resistance located at 41.55 USD, one could consider taking advantage of the short-term movement. The first bearish objective is located at 40.19 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 38.06 USD as an objective. Crossing it would then enable sellers to target 37.13 USD. Be careful, a return to above 41.55 USD could jeopardize the reversal.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
FORCE
0
10
1.6
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The OMEGA HEALTHCARE INVESTORS price is 41.00 USD. The price registered a decrease of -1.49% on the session and was traded between 41.00 USD and 41.71 USD over the period. The price is currently at 0% from its lowest and -1.70% from its highest.41.00
41.71
41.00
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by OMEGA HEALTHCARE INVESTORS:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of OMEGA HEALTHCARE INVESTORS in Daily shows an overall slightly bullish trend. 57.14% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently being given by short-term moving averages indicate that this slightly bullish trend could be reversed. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The probability of a further decline is moderate given the direction of the technical indicators.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 37.13 | 38.06 | 40.19 | 41.00 | 41.55 | 42.64 | 43.69 |
| Change (%) | -9.44% | -7.17% | -1.98% | - | +1.34% | +4.00% | +6.56% |
| Change | -3.87 | -2.94 | -0.81 | - | +0.55 | +1.64 | +2.69 |
| Level | Minor | Major | Major | - | Major | Minor | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 40.53 | 40.91 | 41.26 | 41.64 | 41.99 | 42.37 | 42.72 |
| Camarilla | 41.42 | 41.49 | 41.55 | 41.62 | 41.69 | 41.75 | 41.82 |
| Woodie | 40.53 | 40.90 | 41.26 | 41.63 | 41.99 | 42.36 | 42.72 |
| Fibonacci | 40.91 | 41.19 | 41.36 | 41.64 | 41.92 | 42.09 | 42.37 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 39.65 | 40.24 | 40.71 | 41.31 | 41.77 | 42.37 | 42.84 |
| Camarilla | 40.89 | 40.99 | 41.08 | 41.18 | 41.28 | 41.38 | 41.47 |
| Woodie | 39.58 | 40.21 | 40.65 | 41.27 | 41.71 | 42.34 | 42.78 |
| Fibonacci | 40.24 | 40.65 | 40.90 | 41.31 | 41.71 | 41.96 | 42.37 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 37.58 | 38.99 | 41.52 | 42.92 | 45.45 | 46.86 | 49.38 |
| Camarilla | 42.96 | 43.32 | 43.68 | 44.04 | 44.40 | 44.76 | 45.12 |
| Woodie | 38.14 | 39.27 | 42.07 | 43.20 | 46.01 | 47.13 | 49.94 |
| Fibonacci | 38.99 | 40.49 | 41.42 | 42.92 | 44.43 | 45.35 | 46.86 |
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): | 39.81 | |
| MACD (12,26,9): | -0.2800 | |
| Directional Movement: | -12.20 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 41.65 | |
| Parabolic SAR (0,02-0,02-0,2): | 42.75 | |
| Elder Ray (13): | -0.35 | |
| Super Trend (3,10): | 43.52 | |
| Zig ZAG (10): | 41.00 | |
| VORTEX (21): | 0.8300 | |
| Stochastique (14,3,5): | 18.52 | |
| TEMA (21): | 41.06 | |
| Williams %R (14): | -94.60 | |
| Chande Momentum Oscillator (20): | -1.39 | |
| Repulse (5,40,3): | -2.2000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0500 | |
| Courbe Coppock: | 9.37 |
| MA7: | 41.46 | |
| MA20: | 42.23 | |
| MA50: | 41.94 | |
| MA100: | 39.78 | |
| MAexp7: | 41.46 | |
| MAexp20: | 41.90 | |
| MAexp50: | 41.54 | |
| MAexp100: | 40.18 | |
| Price / MA7: | -1.11% | |
| Price / MA20: | -2.91% | |
| Price / MA50: | -2.24% | |
| Price / MA100: | +3.07% | |
| Price / MAexp7: | -1.11% | |
| Price / MAexp20: | -2.15% | |
| Price / MAexp50: | -1.30% | |
| Price / MAexp100: | +2.04% |
News
The latest news and videos published on OMEGA HEALTHCARE INVESTORS at the time of the analysis were as follows:
- Omega Announces Increase in Quarterly Common Stock Dividend and Schedules Third Quarter Earnings Release Date and Conference Call
- Omega Announces Pricing of $500 Million Senior Notes Offering
- Omega Prices Public Offering of Common Shares on a Forward Basis
- Omega Announces Public Offering of Common Shares on a Forward Basis
- MedEquities Stockholders Approve Merger With Omega Healthcare Investors
This member declared not having a position on this financial instrument or a related financial instrument.
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