Realty Income stock: buy or sell
Updated on:
Jan 27th, 2021
2
Realty Income stock brief
- Counting on Tuesday, it's been 5 consecutive sessions in green for Realty Income. Price closed on Tuesday at $60.67 after scarcely moving a 0.48%.
- Looking at the chart, price is drawing an scaled downtrend since last November with lower tops and lower bottoms. shares price lost a -6.07% since the downtrend started.
- The Goldman Sachs Group published a hold rating for Realty Income last Friday
- Realty Income, The Monthly Dividend Company®, is an S&P 500 company dedicated to providing stockholders with dependable monthly income.
Should I buy Realty Income stock?
All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best
Is $O stock a buy?
In the current situation of Realty Income there is not any eligible buy setup. This doesn't mean $O will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems
Should I sell Realty Income stock?
How to know when is it time to sell Realty Income stock?. Trading strategies help us to avoid impetuous decisions based on our moods or the buzz surrounding the market. When selling, as well as buying, detailed strategies are very easy to use but are only applicable for selling shares in your porfolio, not for selling short $O stock
A guiding principle is that you must never mantain a trading operation that results in higher than expected losses at the time of the buy. The timing to sell shares must always be determined by the stop-loss (automatic or manual)
Is it time to sell Realty Income stock?
In the current situation of Realty Income there is not any eligible sell setup, so Realty Income stock holders with operations in profit can keep their positions
Realty Income ratings
In the last 30 days, just one brokerage rating was published for Realty Income
| Brokerage firm | Rating |
|---|---|
| Jan 22nd, 2021 | |
| The Goldman Sachs Group | Neutral |
Realty Income stock analysis
Realty Income continues in downtrend since last November, and has accumulated a selloff of -6.07%. Like in all downtrends, the stock oscillates drawing lower highs and lows. In this case, we have seen 2 consecutive lower tops.
SMAs overview
Supports and resistances
The current resistances are:
The current support levels are:
Bollinger bands
Since the price broke down the lower band on January 13, the price bounced off by 5.48%. The price is trading near to the upper Bollinger band, indicating some level of overbought in recent sessions. This is not a sell signal, as price can move in these levels for many days and weeks
Relative strength index
When the stays for so long below 70 and above 30, without indicating moments of overbought and oversold, the indicator becomes of little use, and we currently are in such a case.
Realty Income stock price history
Realty Income started trading priced at an adjusted price1 of $1.51 on Oct 1994. Since then, O stock surged by 3,917.88%, with an average of 150.69% per year. If you had invested $1,000USD in Realty Income stock on Oct 1994, it would have a value of $40,178.81 today.
1: Adjusted price after possible price splits or reverse-splits
Price target for Realty Income stock
How much a stock will be priced tomorrow or next week is quite unpredictable. However, many stock price forecasts are posted every day by banks, financial institutions and independent analysts.
Along with buy or sell recommendations, financial institutions post their price estimates based on the stock price action and the company fundamental data. Most of these estimates follow the release of new fundamental information by the company, and usually. Again, these predictions are not direct recommendations for small traders and should not be followed blindly.
In the previous 30 days we couldn't find any price target posted for Realty Income stock.
| Brokerage firm | Price target |
|---|---|
| Jan 22nd, 2021 | |
| The Goldman Sachs Group | Not available |
Earnings and financials
Realty Income ($O) had the quarterly investors call and released the report last November. Realty Income topped market estimates and posted of $0.81, that is a 131.43% better than expected versus the predictions of $0.35. On the other hand, reported sales of $404.6 million were in line with analysts predictions.
This compares to Earnings of $0.32 per share a year ago, so current EPS means an increase of 153.13%. Looking at revenues, figures climbed a 8.10% compared to $3.7B same quarter last year.Realty Income ($O) will host the quarterly earnings call mid next February. Market estimates of $0.35, compared to previous quarter that made $0.81.
Realty Income performance
| Company | 1m | 3m | 6m |
|---|---|---|---|
| Realty Income ($O) | 0.40% | 1.60% | 6.40% |
Disclaimer:
The opinions given in this post are personal and not recommendations for you to buy or sell stocks. The author of this report does not know the specific scenarios of the reader, his or her own finances or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Thoughts are posted for general educational motives onlyRealty Income summary
| Tuesday, January 26th, 2021 | |
|---|---|
| Open | $60.45 |
| Close | $60.67 |
| Day range | $60.28 - $61.18 |
| Previous close | $60.38 |
| Session gain | 0.48% |
| Average true range | $1.44 |
| 50d mov avg | $60.33 |
| 100d mov avg | $60.55 |
| 200d mov avg | $58.39 |
| Earnings date | February 17th, 2021 |