Realty Income | Daily Chart AnalysisNYSE:O
Realty Income is widely recognized for its monthly dividend payouts.
Upon opening the chart and zooming out, it's evident that the stock has been moving within a significant range since around 2014/2015. Currently, we find ourselves in the lower half of this established range.
Currently, NYSE:O is in a downtrend channel, so it's advisable to wait for confirmation of a potential bounce.
To further build my position and purchase more shares, I would like to see the first gap completely closed, and the second gap either fully closed or at least rejected with a long rejection wick candle, supported by a volume spike.
Additionally, I would be pleased if, in conjunction with these conditions, a divergence occurs in the area of the 30 RSI or below.
Realtyincome
O Realty Income Corporation Options Ahead of EarningsAnalyzing the options chain and the chart patterns of O Realty Income Corporation prior to the earnings report this week,
I would consider purchasing the 50usd strike price Puts with
an expiration date of 2024-9-20,
for a premium of approximately $2.53.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
O Realty Income Corporation Options Ahead of EarningsAnalyzing the options chain and the chart patterns of O Realty Income Corporation prior to the earnings report this week,
I would consider purchasing the $62.5 strike price Calls with
an expiration date of 2024-1-19,
for a premium of approximately $2.25.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
Realty Income Corp Set To Move Up Prior To Inflation ReportBased on historical movement, the trough could occur anywhere in the larger red box. The final targets are in the green boxes. The pending top should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated BUY on September 23, 2022 with a closing price of 61.81.
If this instance is successful, that means the stock should rise to at least 63.129999999999995 which is the bottom of the larger green box. Three-quarters of all successful signals have the stock rise 4.728% from the signal closing price. This percentage is the bottom of the smaller green box. Half of all successful signals have the stock rise 6.7065% which is the end point of the black dotted arrow. One-quarter of all successful signals have the stock rise 8.6685% from the signal closing price which is the top of the smaller green box. The maximum rise on record would see a move to the top of the larger green box. These are the same concepts for the levels in the red boxes as well.
The ends/vertical sides of the boxes are determined in a similar fashion. The peak of the rise can occur as soon as the next trading bar after signal close, while the max rise occurs within the limit of study at 35 trading bars after the signal. A 1% rise must occur over the next 35 trading bars in order to be considered a success. Three-quarters of successful movement occur after at least 15.5 trading bars; half occur within 28.0 trading bars, and one-quarter require at least 33.5 trading bars.
The black dotted arrow represents median historical movement. Medians are a good metric, but they are just one of many I use when forecasting future movement.
As always, the stock could decline the very next bar after the signal without looking back (therefore the red boxes would not come into play) or the stock may never decline (and the green boxes may never come into play).
O presenting a BUY LEVEL NYSE:O
The Conservative Stop offers less exposition and a great Risk/Reward Ratio of 7 at the risk of being too tight .While the wide stop offers much more room for the trade at the expense of a lesser Risk/Reward Ratio approximating 3 .
Whatever your style ,trading is a game of probabilities and the bulk of the profit if not all the significant profit is realised on a long serie of trades and not solely on a single trade . Results of any Individual trade shrink to insignificance when compared to the sum total of the long serie of trades . At the same time it is important to stick each time to your edge on the market in order to profit on the long term .
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O (Realty Income Corporation) - Bearish Multiple Top - DailyO (Realty Income Corporation) stock price has reached a two-year, all-time-high resistance zone of $72.56.
If resistance holds strong, the stock price could pullback over time to test support below.
O (realty income corporation) reports earnings on 05/04/2022.
Entry (short): $71.56
Profit Target +4% (exit): $68.59
Stop Loss -2% (exit): $72.91
Utilize stop loss, position sizing, risk management.
Note: XLRE real estate ETF has also begun to pullback on a daily chart.
All content is Not financial advice. Trade at your own risk.
4/10/22 ORealty Income Corporation ( NYSE:O )
Sector: Finance (Real Estate Investment Trusts)
Market Capitalization: 43.145B
Current Price: $72.16
Breakout price (hold above): $72.45
Buy Zone (Top/Bottom Range): $70.90-$69.20
Price Target: $76.80-$77.90
Estimated Duration to Target: 76-80d
Contract of Interest: $O 6/17/22 72.5c
Trade price as of publish date: $2.15/contract
$OHead and shoulders breaking down. Further downside coming.
CHART LEGEND:
white dashed lines = bull/bear takeovers
blue lines = call targets
yellow lines = put targets
red line = danger zone
orange lines = trend lines
green lines = safe zone
any other lines add will be discussed with the ticker
NYSE:O
Why Im Watching Real Estate [VNQ]Vanguard Real Estate is showing some interesting things after quietly consolidating since early June. And now, it finds itself in the midst of a breakout of its previous all time high at $105.77. It is still very early, but if the VNQ can confirm any sort of sustained price action above the $105.77 price level on the daily and weekly time frames, fireworks could be in store for the REITs sector of the market.
It should be mentioned that VNQ's price action has not properly back-tested the always important .786 fib level ($99.35) I have plotted here. So a pull back to this level before having enough juice to push decisively through the all time high would not be out of the ordinary.
On the flipside, if the VNQ can get a close above the major level we are at this week, a setup for price to run to $124 could be in the cards in the not-so-distant future.
Weekly Forecast 13th July 2021 I haven't made consistent posts for quite a while and that is due to the time constrain that I've suffered as a university student. So I've mostly only had time to analyze and make trades myself; neglecting the public posts and forecasts. Anyways, as always I am still bullish on O, It has always been a solid performer in my long-term portfolio. In one of my previous posts, it appears that my forecast was somewhat correct, more than I initially predicted and the stock now sees itself trading in an upward range. Even with the share issue that occurred previously the stock's price still remains strong and shows promise that bullish progress will continue to be made in the near future.
Anyways, what I can observe in the price action is mostly bullish. The following will be some general information about my analysis. The depth of the analysis will depend on the time I have available:
On the weekly graph, we can see that the general trend has been slowly creeping upward rather consistently which makes me happy as I would like to add into my long-term portfolio weekly.
Zooming into the daily graph we are provided some more meaningful information to create a forecast, allowing me to draw some trendlines that resemble a ascending channel; although this can generally be seen as a bearish pattern we must ultimately wait for more information before we can confirm anything. There isn't really much to comment on the price action as all the indicators and analysis generally point toward gradual movement to the upside.
Forecast:
In my most optimistic case I can expect price to rise to about the 72-73 dollar mark testing the resistance barrier where it can either be rejected and make a short term drop to the support at roughly 68. From there we will require more information before saying anything.
As for my more neutral case, price might not even reach the top of the channel and could drop right down to the support after hitting 69.
Anyways, that is what I've forecast for this stock. Take it with a grain of salt and note, that none of this is financial advice so do your down research. Happy trading.