CBL & ASSOCIATES PROPERTIES (CBL) Stock Technical Analysis
NYSE:CBL - New York Stock Exchange, Inc. - US1248308785 - REIT - Currency: USD
We assign a technical rating of 1 out of 10 to CBL. CBL has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
CBL is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
CBL is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
When compared to the yearly performance of all other stocks, CBL outperforms 47% of them, which is more or less in line with the market.
CBL is an average performer in the Diversified REITs industry, it outperforms 54% of 130 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
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 23.87. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 22.51, a Stop Loss order could be placed below this zone.
More info and screens
22.20
24.63
When analyzing the support we notice one important area.
- A support zone ranging from 22.42 to 22.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 23.87 to 24.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.29
Mansfield-0.72
10 Day High24.44
10 Day Low22.17
20 Day High27.5
20 Day Low21.1
52 Week High33.53
52 Week Low21.1
Performance
1 Week2.05%
2 Weeks5.25%
1 Month-10.47%
3 Month-15.48%
6 Month-10.67%
12 Month8.85%
2 Year3.16%
3 Year-18.59%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.24
RSI(14)42.27
LBB22.27
UBB24.2
23.86
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg0%
1 Week2.05%
2 Weeks5.25%
1 Month-10.47%
3 Month-15.48%
6 Month-10.67%
12 Month8.85%
2 Year3.16%
3 Year-18.59%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.17
ATR(20)%4.85%
ATR Inc-61.21%
Range Today0.59
ADR(20)1.06
ADR(20)%4.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.29
Mansfield-0.72
10 Day High24.44
10 Day Low22.17
20 Day High27.5
20 Day Low21.1
52 Week High33.53
52 Week Low21.1
CS1 End22.51
CR1 Start23.87
Volume & EV
DER(3)-6.66%
DER(5)-3.21%
Volume123.90K
Volume Incr-35.66%
Vol(5)106.32K
Vol(50)171.80K