NYSE:CBL - New York Stock Exchange, Inc. - US1248308785 - REIT - Currency: USD
Taking everything into account, CBL scores 0 out of 10 in our technical rating. CBL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
CBL has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 23.86. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 23.68, a Stop Loss order could be placed below this zone.
22.20
We found 2 important support areas.
We found 1 important resistance area.
23.73
+0.26 (+1.11%)