CBL & ASSOCIATES PROPERTIES (CBL) Technical Analysis
NYSE:CBL • US1248308785
Current stock price
37.15 USD
-0.89 (-2.34%)
At close:
37.15 USD
0 (0%)
After Hours:
CBL Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to CBL. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- When comparing the yearly performance of all stocks, we notice that CBL is one of the better performing stocks in the market, outperforming 84% of all stocks. We also observe that the gains produced by CBL over the past year are nicely spread over this period.
- CBL is one of the better performing stocks in the Diversified REITs industry, it outperforms 95% of 123 stocks in the same industry.
- CBL is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so CBL is leading the market.
- In the last month CBL has a been trading in the 36.59 - 38.97 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- Volume is considerably higher in the last couple of days.
CBL Weekly and Daily overview Charts
CBL Setup Rating and Analysis
CBL has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 36.98, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
CBL Support and Resistance Analysis
32.72
38.62
We found 4 important support areas.
- A support zone ranging from 35.95 to 36.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @35.04 from a horizontal line in the weekly time frame.
- Support @34.15 from a horizontal line in the daily time frame.
- Support @33.05 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 37.37 to 38.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
CBL 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 | UP | POSITIVE | The long term trend for CBL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CBL is neutral. |
| ChartMill Relative Strength | 84.39 | POSITIVE | CBL has a high relative strength, it outperformed 84.39% off all stocks 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) | DOWN | MIXED | The current price of CBL is above a declining 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) | 48.24 | NEUTRAL | The RSI value for CBL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests CBL has a negative trend. |
| Stochastics (14,3) | 39.78 | NEUTRAL | The Stochastics value for CBL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.64 | MEDIUM VOLATILITY | The ATR as a percentage value for CBL suggests some volalility. |
| Average Directional Index/ADX (14) | 8.7 | NEGATIVE | The low ADX value for CBL suggests a weak or negative trend. |
CBL Chart- and CandleStick Pattern Analysis
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)
CBL Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 38.25 | 36.58 | 1.67 (4.37%) | 22.90% |
| An entry @38.25. This is a Buy Stop order right above the resistance zone. | An exit @36.58. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.67 points, which is 4.37%. | When investing 22.90% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
CBL Technicals: Chart, Performance Metrics, Trend & Indicators
37.15
-0.89 (-2.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-2.34%
1 Week0.62%
2 Weeks0.11%
1 Month-2.8%
3 Month0.16%
6 Month22.41%
12 Month40.56%
2 Year62.16%
3 Year44.89%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.06
ATR(20)%2.64%
ATR Inc8.47%
Range Today1.29
ADR(20)0.95
ADR(20)%2.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.39
3 months CRS70.36
6 months CRS89.41
Mansfield2.03
10 Day High38.97
10 Day Low36.59
20 Day High38.97
20 Day Low36.59
52 Week High38.97
52 Week Low21.1
CS1 End36.98
CR1 Start37.37
Volume & EV
DER(3)0.09%
DER(5)1.15%
Volume585.60K
Volume Incr63.5%
Vol(5)251.52K
Vol(50)162.70K
CBL & ASSOCIATES PROPERTIES / CBL TA FAQ
Can you provide the ChartMill technical rating for CBL & ASSOCIATES PROPERTIES?
ChartMill assigns a technical rating of 7 / 10 to CBL.
Can you provide the trend direction for CBL & ASSOCIATES PROPERTIES?
The current trend direction for CBL & ASSOCIATES PROPERTIES (CBL) is Bullish.
Can you provide the RSI signal for CBL & ASSOCIATES PROPERTIES?
CBL & ASSOCIATES PROPERTIES (CBL) has an RSI value of 48.2364. This indicates that the stock is currently neutral.
What is the short term momentum for CBL stock?
The short term momentum for CBL & ASSOCIATES PROPERTIES (CBL) is neutral.