CBL & ASSOCIATES PROPERTIES (CBL) Stock Technical Analysis
NYSE:CBL - US1248308785 - REIT
31.85 USD
+0.11 (+0.35%)
31.85 USD
0 (0%)
Taking everything into account, CBL scores 9 out of 10 in our technical rating. 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.
The long and short term trends are both positive. This is looking good!
CBL is part of the Diversified REITs industry. There are 129 other stocks in this industry. CBL outperforms 92% of them.
CBL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CBL is lagging the market slightly.
In the last month CBL has a been trading in the 26.54 - 32.10 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, CBL did better than 82% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Although CBL has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
22.91
32.17
4 important support areas can be observed.
- A support zone ranging from 29.96 to 30.20. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 27.79 to 28.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @26.70 from a trend line in the daily time frame.
- Support @23.14 from a trend line in the weekly 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 | 82.66 | POSITIVE | CBL has a high relative strength, it outperformed 82.66% 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) | 72.9 | OVERBOUGHT | The high RSI value suggests CBL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests CBL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92.21 | OVERBOUGHT | The high Stochastics value suggests CBL may be overbought. |
| Average True Range in percent/ATR (20) | 1.98 | LOW VOLATILITY | The low ATR as a percentage value for CBL suggests low volalility. |
| Average Directional Index/ADX (14) | 48.95 | POSITIVE | The high ADX value value for CBL suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
31.85
+0.11 (+0.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg0.35%
1 Week0.31%
2 Weeks4.84%
1 Month19.92%
3 Month26.34%
6 Month2.15%
12 Month20.64%
2 Year48.9%
3 Year10.06%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.65
ATR(20)%1.98%
ATR Inc-12.65%
Range Today0.55
ADR(20)0.6
ADR(20)%1.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.66
Mansfield0.61
10 Day High32.1
10 Day Low30.13
20 Day High32.1
20 Day Low26.54
52 Week High33.53
52 Week Low21.1
CS1 End30.2
CR1 StartN/A
Volume & EV
DER(3)2.92%
DER(5)2.28%
Volume121.00K
Volume Incr-23.39%
Vol(5)108.56K
Vol(50)142.83K