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.
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.
22.20
When analyzing the support we notice one important area.
When analyzing the resistance we notice one important area.
23.86
0 (0%)