COMMUNITY HEALTHCARE TRUST I (CHCT) Stock Technical Analysis
USA - NYSE:CHCT - US20369C1062 - REIT
We assign a technical rating of 1 out of 10 to CHCT. CHCT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
CHCT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 14.83. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 14.75, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CHCT in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
14.36
When analyzing the support we notice one important area.
- A support zone ranging from 14.51 to 14.75. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 14.83 to 14.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @15.35 from a trend line in the weekly time frame.
- A resistance zone ranging from 15.69 to 16.01. 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 | DOWN | NEGATIVE | The long term trend for CHCT is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CHCT is neutral. |
| ChartMill Relative Strength | 24.44 | NEGATIVE | CHCT has a low relative strength, it was outperformed by 75.56% 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) | DOWN | MIXED | The current price of CHCT is above a declining 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) | 55.14 | NEUTRAL | The RSI value for CHCT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests CHCT has a positive trend. |
| Stochastics (14,3) | 48.12 | NEUTRAL | The Stochastics value for CHCT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.88 | MEDIUM VOLATILITY | The ATR as a percentage value for CHCT suggests some volalility. |
| Average Directional Index/ADX (14) | 17.75 | NEGATIVE | The low ADX value for CHCT suggests a weak or negative trend. |
14.8
+0.24 (+1.65%)
COMMUNITY HEALTHCARE TRUST I / CHCT FAQ
What is the technical rating for CHCT stock?
ChartMill assigns a technical rating of 1 / 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 55.1438. 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 0.0353873, 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 14.75 and a resistance level at 14.83. Check the full technical report for our detailed analysis of CHCT support and resistance levels.