The Hourly View for STOR
Currently, STOR (Get Ratings)’s price is up $0.18 (0.53%) from the hour prior. The hourly chart shows that STOR has seen 2 straight up hours. If you’re a trend trader, consider that the strongest clear trend on the hourly chart 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, so that price is now turning above it. 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, STOR ranks 35th in regards to today’s price percentage change.
STOR’s Technical Outlook on the Daily Chart
At the moment, STOR’s price is up $0.19 (0.56%) from the day prior. This move is a reversal from the day prior, which saw price move down. If you’re a trend trader, consider that the strongest clear trend on the daily chart exists on the 20 day timeframe. The moving averages on the daily 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. The chart below shows STOR’s price action over the past 90 days.
<STOR's volume of shares traded is 102587; this is 93.3% lower than that of its 7 day average.
STOR: Daily RSI Analysis
- For STOR, its RSI is now at 64.3678.
- STOR and RSI may be exhibiting divergent trends. This may be something to monitor.
Want More Great Investing Ideas?
The post STORE CAPITAL Corp (STOR): Price Now Near $33.92; Daily Chart Shows Downtrend on 20 Day Basis appeared first on ETF Daily News.