CBL & ASSOCIATES PROPERTIES (CBL) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CBL - US1248308785 - REIT
Overall CBL gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CBL is showing a nice and steady performance.
CBL has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 36.83, a Stop Loss order could be placed below this zone.
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23.05
3 important support areas can be observed.
- A support zone ranging from 36.75 to 36.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 30.42 to 30.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @23.28 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @38.21 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for CBL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CBL is up. |
| ChartMill Relative Strength | 86.39 | POSITIVE | CBL has a high relative strength, it outperformed 86.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CBL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CBL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CBL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.95 | NEUTRAL | The RSI value for CBL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests CBL has a negative trend. |
| Stochastics (14,3) | 36.04 | NEUTRAL | The Stochastics value for CBL is a neutral value. |
| Average True Range in percent/ATR (20) | 2 | LOW VOLATILITY | The low ATR as a percentage value for CBL suggests low volalility. |
| Average Directional Index/ADX (14) | 43.99 | POSITIVE | The high ADX value value for CBL suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 37.17 | 36.74 | 0.43 (1.15%) | 25.00% |
| An entry @37.17. This is a Buy Stop order right above the 10 day moving average. | An exit @36.74. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.43 points, which is 1.15%. | For a 0.29% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of CBL. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
36.93
-0.07 (-0.19%)
CBL & ASSOCIATES PROPERTIES / CBL FAQ
Can you provide the ChartMill technical rating for CBL & ASSOCIATES PROPERTIES?
ChartMill assigns a technical rating of 9 / 10 to CBL.
Can you provide the trend direction for CBL & ASSOCIATES PROPERTIES?
The current trend direction for CBL & ASSOCIATES PROPERTIES (CBL) is Bullish.
Can you provide the RSI signal for CBL & ASSOCIATES PROPERTIES?
CBL & ASSOCIATES PROPERTIES (CBL) has an RSI value of 60.9455. This indicates that the stock is currently neutral.
What is the short term momentum for CBL stock?
The short term momentum for CBL & ASSOCIATES PROPERTIES (CBL) is positive.
Can you provide the buy/sell signal for CBL & ASSOCIATES PROPERTIES?
The buy/sell signal for CBL & ASSOCIATES PROPERTIES (CBL) is buy as both the short term and long term trends are positive.