NYSE:CDP - US22002T1088 - REIT
Taking everything into account, CDP scores 4 out of 10 in our technical rating. CDP has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
Although the technical rating is only medium, CDP does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 28.21, a Stop Loss order could be placed below this zone.
25.30
3 important support areas can be observed.
2 important resistance areas can be observed.
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 CDP is neutral. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CDP is up. |
ChartMill Relative Strength | 32.85 | 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) | DOWN | MIXED | The current price of CDP is above a declining 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) | 57.35 | NEUTRAL | The RSI value for CDP is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests CDP has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 69.93 | NEUTRAL | The Stochastics value for CDP is a neutral value. |
Average True Range in percent/ATR (20) | 1.79 | LOW VOLATILITY | The low ATR as a percentage value for CDP suggests low volalility. |
Average Directional Index/ADX (14) | 14.42 | NEGATIVE | The low ADX value for CDP suggests a weak or negative trend. |
28.57
-0.16 (-0.56%)