USA - NYSE:CDP - US22002T1088 - REIT
Taking everything into account, CDP scores 8 out of 10 in our technical rating. Although CDP is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
CDP has an excellent technical rating, but the quality of the setup is only medium 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.
26.46
We found 1 important support area.
We found 1 important resistance 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 CDP is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CDP is up. |
ChartMill Relative Strength | 47.04 | NEUTRAL | CDP is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CDP is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CDP is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CDP is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 60.76 | NEUTRAL | The RSI value for CDP is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CDP has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 80.19 | OVERBOUGHT | The high Stochastics value suggests CDP may be overbought. |
Average True Range in percent/ATR (20) | 1.8 | LOW VOLATILITY | The low ATR as a percentage value for CDP suggests low volalility. |
Average Directional Index/ADX (14) | 35.77 | POSITIVE | The high ADX value value for CDP suggests a strong trend. |
30.4
-0.52 (-1.68%)