CBL Technical Analysis - CBL & ASSOCIATES PROPERTIES

Technical Rating and Analysis

We assign a technical rating of 3 out of 10 to CBL. In the last year, CBL was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.

CBL is part of the Diversified REITs industry. There are 129 other stocks in this industry. CBL outperforms 89% of them.

The long term trend is neutral, but the short term trend is negative. Better to stay away from this!

When compared to the yearly performance of all other stocks, CBL outperforms 67% of them, which is more or less in line with the market.

CBL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CBL is lagging the market.

In the last month CBL has a been trading in the 28.04 - 31.94 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

CBL & ASSOCIATES PROPERTIES / CBL Weekly stock chart

CBL & ASSOCIATES PROPERTIES / CBL Daily stock chart

Setup Rating and Analysis

The technical rating of CBL is bad and it also does not present a 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

22.83

33.35

2 important support areas can be observed.

A support zone ranging from 28.04 to 28.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @23.06 from a trend line in the weekly time frame.

When analyzing the resistance we notice 2 important areas.

A resistance zone ranging from 29.31 to 29.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A resistance zone ranging from 33.02 to 33.02. This zone is formed by a combination of multiple trend lines in multiple time frames.

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What is Support and Resistance

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Technical Indicator Signal Analysis

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	NEUTRAL	NEUTRAL	The long term trend for CBL is neutral.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for CBL is down.
ChartMill Relative Strength	67.63	NEUTRAL	CBL is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of CBL is below a declining SMA(20).
Simple Moving Average/SMA (50)	UP	MIXED	The current price of CBL is below the rising SMA(50).
Simple Moving Average/SMA (200)	DOWN	MIXED	The current price of CBL is above a declining SMA(200).
Relative Strength Index/RSI (14)	43.18	NEUTRAL	The RSI value for CBL is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.16	NEGATIVE	The MACD value suggests CBL has a negative trend, although the MACD value is rising.
Stochastics (14,3)	25.7	NEUTRAL	The Stochastics value for CBL is a neutral value.
Average True Range in percent/ATR (20)	2.29	MEDIUM VOLATILITY	The ATR as a percentage value for CBL suggests some volalility.
Average Directional Index/ADX (14)	25.18	POSITIVE	The high ADX value value for CBL suggests a strong trend.