Realty Income Corp (O) following a consistent upward trend pattern since the mid-1990s. Lows seem to have deeper spikes, but each one seems to correspond to specific events. (e.g. The dot-com bubble, housing bubble, and COVID-19.) Outside of those three events, O trades consistently at the upper-end of the two lower trend line.
It's currently at that lower trend line on the monthly charts around 60. It appears to have an ascending triangle pattern beginning to form, though it's currently up against a monthly MA50 and seems to be pressured down by that monthly MA50 for the last 6-7 months. It's also fighting negative momentum at the moment on the monthly chart. The daily chart has positive momentum and keeps tapping the DMA-200. I see it breaking out and touching the upper trend long-term.
Regardless of a breakout, O pays a MONTHLY dividend around 4.5% to 4.8%, instead of a quarterly dividend like most dividend-paying stocks. At the current price in the logarithmic chart, I think Realty Income Corp is a healthy investment long-term until it reaches the upper trend line.
This is a 60+ aged people stock, where it maintains quality collections of cashflow above the 90% and is relatively safer than most assets with a quality dividend.
TODAY, I would recommend more risk seeking in this low interest rate environment for people below the age of 40. At 60$ this stock is a steal in the long run along with those dividends, however the investments in growth stocks would be more rewarding in the short term. In my OPINION Only.
TODAY, I would recommend more risk seeking in this low interest rate environment for people below the age of 40. At 60$ this stock is a steal in the long run along with those dividends, however the investments in growth stocks would be more rewarding in the short term. In my OPINION Only.