CBSM Technical Analysis - SCBSM

Technical Rating and Analysis

Taking everything into account, CBSM scores 4 out of 10 in our technical rating. CBSM has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.

Warning: CBSM has an average volume of 1255 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!

CBSM is part of the Diversified REITs industry. There are 40 other stocks in this industry. CBSM outperforms 76% of them.

CBSM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CBSM is lagging the market slightly.

When compared to the yearly performance of all other stocks, CBSM outperforms 42% of them, which is more or less in line with the market.

In the last month CBSM has a been trading in a tight range between 8.90 and 9.10.

Considerably lower volume is observed in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

CBSM has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

7.81

9.44

3 important support areas can be observed.

A support zone ranging from 8.60 to 8.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @8.44 from a trend line in the weekly time frame.
A support zone ranging from 7.89 to 8.10. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 2 important areas.

A resistance zone ranging from 8.90 to 9.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Resistance @9.35 from a horizontal line in the weekly time frame.

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What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

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 CBSM.PA is up.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for CBSM.PA is neutral.
ChartMill Relative Strength	42.18	NEUTRAL	CBSM.PA is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of CBSM.PA is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of CBSM.PA is below a declining SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of CBSM.PA is above the rising SMA(200).
Relative Strength Index/RSI (14)	43.3	NEUTRAL	The RSI value for CBSM.PA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.01	NEGATIVE	The MACD value suggests CBSM.PA has a negative trend.
Stochastics (14,3)	27.78	NEUTRAL	The Stochastics value for CBSM.PA is a neutral value.
Average True Range in percent/ATR (20)	0.51	LOW VOLATILITY	The low ATR as a percentage value for CBSM.PA suggests low volalility.
Average Directional Index/ADX (14)	7.63	NEGATIVE	The low ADX value for CBSM.PA suggests a weak or negative trend.