See how the Falling Wedge is playing out for O. View live chart.
Reversal pattern. Price likely to break upwards.
Traders are watching Realty Income (O) as price action tightens. Currently at $62.21, the asset is showing upward momentum (0.53%). The primary technical feature is a Falling Wedge formation. Volume is average (1.0x avg) with moderate trend strength (25.1). A potential breakout level is identified at $62.68, targeting $67.64 with support near $59.58 (R:R 1.6).
What is your outlook on O?