By Mill Chart
Last update: May 20, 2025
CARETRUST REIT INC (NYSE:CTRE) has emerged as a standout candidate in our technical breakout screen, displaying both strong momentum and a well-defined consolidation pattern. The stock’s high ratings in technical health and setup quality suggest potential for a continuation of its upward trend. Below, we examine why CTRE stands out for traders looking for breakout opportunities.
CTRE scores a 9 out of 10 in ChartMill’s Technical Rating, reflecting its strong trend across multiple timeframes. Key observations include:
For a deeper look at the technicals, review the full technical report here.
With a Setup Rating of 9, CTRE presents a compelling consolidation pattern:
A potential breakout could occur above $29.76, with a stop-loss level near $27.96 to manage risk. The trade setup implies a 6% risk per position, which aligns with disciplined risk management practices.
Our Technical Breakout Setups screener updates daily with fresh opportunities for traders.
This is not investment advice. The analysis reflects observations at the time of writing, and market conditions can change rapidly. Always conduct your own research before making trading decisions.
29.16
+1.06 (+3.77%)
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CARETRUST REIT INC (NYSE:CTRE) shows strong earnings momentum and a favorable technical setup, making it a candidate for high-growth investors. The stock combines accelerating EPS growth, margin expansion, and a breakout-ready chart pattern.