COMMUNITY HEALTHCARE TRUST I (CHCT) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CHCT - US20369C1062 - REIT
Overall CHCT gets a technical rating of 6 out of 10. CHCT 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, CHCT 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 15.25, a Stop Loss order could be placed below this zone.
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14.27
3 important support areas can be observed.
- A support zone ranging from 15.22 to 15.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 14.89 to 14.97. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 14.41 to 14.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 15.71 to 16.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 CHCT is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CHCT is up. |
| ChartMill Relative Strength | 28 | NEGATIVE | CHCT has a low relative strength, it was outperformed by 72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CHCT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CHCT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CHCT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.99 | NEUTRAL | The RSI value for CHCT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests CHCT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.2 | NEUTRAL | The Stochastics value for CHCT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.33 | MEDIUM VOLATILITY | The ATR as a percentage value for CHCT suggests some volalility. |
| Average Directional Index/ADX (14) | 23.42 | NEUTRAL | The ADX value for CHCT suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 16.18 | 15.21 | 0.97 (6.00%) | 16.68% |
| An entry @16.18. This is a Buy Stop order right above the resistance zone. | An exit @15.21. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.97 points, which is 6.00%. | For a 1.00% total portfolio risk, you can invest 16.68% of your capital in this trade. |
- 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.
15.71
-0.23 (-1.44%)
COMMUNITY HEALTHCARE TRUST I / CHCT FAQ
What is the technical rating for CHCT stock?
ChartMill assigns a technical rating of 6 / 10 to CHCT.
What is the current trend direction of COMMUNITY HEALTHCARE TRUST I (CHCT) stock?
The current trend direction for COMMUNITY HEALTHCARE TRUST I (CHCT) is Bearish.
What is the RSI signal for COMMUNITY HEALTHCARE TRUST I (CHCT) stock?
COMMUNITY HEALTHCARE TRUST I (CHCT) has an RSI value of 55.9917. This indicates that the stock is currently neutral.
What is the MACD signal for COMMUNITY HEALTHCARE TRUST I (CHCT) stock?
The MACD indicator for COMMUNITY HEALTHCARE TRUST I (CHCT) has a value of 0.0260245, indicating a bearish trend.
Can you provide the support and resistance levels for COMMUNITY HEALTHCARE TRUST I?
COMMUNITY HEALTHCARE TRUST I (CHCT) has a support level at 15.25 and a resistance level at 15.71. Check the full technical report for our detailed analysis of CHCT support and resistance levels.