National Retail Properties Inc (NNN): Price Now Near $48.49; Daily Chart Shows An Uptrend on 50 Day Basis

The Hourly View for NNN

At the moment, NNN (Get Ratings)’s price is up $0.14 (0.29%) from the hour prior. It’s been a feast for bulls operating on an hourly timeframe, as NNN has now gone up 8 of the past 10 hours. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 20 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

Out of Trading stocks, NNN ranks 7th in regards to today’s price percentage change.

NNN’s Technical Outlook on the Daily Chart

At the moment, NNN’s price is up $1.5 (3.2%) from the day prior. The daily chart shows that NNN has seen 2 straight up days. As for the trend on the daily timeframe, we see the clearest trend on the 20 day timeframe. The moving averages on the daily timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend. National Retail Properties Inc’s price action over the past 90 days can be seen via the chart below.


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