USA - NYSE:CBL - US1248308785 - REIT
We assign a technical rating of 9 out of 10 to CBL. Both in the recent history as in the last year, CBL has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although CBL has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
22.89
4 important support areas can be observed.
When analyzing the resistance we notice one important area.
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 | 82.58 | POSITIVE | CBL has a high relative strength, it outperformed 82.58% 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) | 75.23 | OVERBOUGHT | The high RSI value suggests CBL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.35 | POSITIVE | The MACD value suggests CBL has a positive trend. |
| Stochastics (14,3) | 93.15 | OVERBOUGHT | The high Stochastics value suggests CBL may be overbought. |
| Average True Range in percent/ATR (20) | 1.91 | LOW VOLATILITY | The low ATR as a percentage value for CBL suggests low volalility. |
| Average Directional Index/ADX (14) | 21.18 | NEUTRAL | The ADX value for CBL suggests a possible start of a new trend. |
32.8
+1.35 (+4.29%)
ChartMill assigns a technical rating of 9 / 10 to CBL.
The current trend direction for CBL & ASSOCIATES PROPERTIES (CBL) is Bullish.
CBL & ASSOCIATES PROPERTIES (CBL) has an RSI value of 75.2347. This indicates that the stock is currently overbought.
The MACD indicator for CBL & ASSOCIATES PROPERTIES (CBL) has a value of 0.351939, indicating a bearish trend.
The buy/sell signal for CBL & ASSOCIATES PROPERTIES (CBL) is buy as both the short term and long term trends are positive.