Welltower Inc (WELL): Price Now Near $87.76; Daily Chart Shows An Uptrend on 50 Day Basis

The Hourly View for WELL

At the moment, WELL (Get Ratings)’s price is up $0.57 (0.65%) from the hour prior. This move is a reversal from the hour prior, which saw price move down. Regarding the trend, note that the strongest trend exists on the 100 hour timeframe. Most noteworthy in the world of moving averages on the hourly chart is that the 50 hour moving average has been crossed, with price now being above it. The moving averages on the hourly 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.

WELL ranks 50th in terms of today’s price percentage change out of Trading stocks.

WELL’s Technical Outlook on the Daily Chart

At the time of this writing, WELL’s price is up $0.34 (0.39%) from the day prior. This is a reversal of the price action on the previous day, in which price moved down. As for the trend on the daily timeframe, we see the clearest trend on the 100 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. The chart below shows WELL’s price action over the past 90 days.

WELL

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WELL: Daily RSI Analysis

  • For WELL, its RSI is now at 33.6634.
  • WELL and RSI may be exhibiting divergent trends. This may be something to monitor.

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