COMMUNITY HEALTHCARE TRUST I (CHCT) Technical Analysis
NYSE:CHCT • US20369C1062
Current stock price
CHCT Technical Rating and Analysis
Taking everything into account, CHCT scores 6 out of 10 in our technical rating. Although CHCT is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- CHCT is one of the lesser performing stocks in the Diversified REITs industry. 62% of 122 stocks in the same industry do better.
- The long and short term trends are both positive. This is looking good!
- CHCT 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 CHCT is lagging the market slightly.
- In the last month CHCT has a been trading in the 15.50 - 17.78 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the performance of all stocks over the past year, CHCT turns out to be only a medium performer in the overall market: it outperformed 47% of all stocks.
- Considerably lower volume is observed in the last couple of days.
CHCT Weekly and Daily overview Charts
CHCT Setup Rating and Analysis
CHCT has an average technical rating and the quality of the presented setup is also not ideal 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.
More info and screens
CHCT Support and Resistance Analysis
14.95
When analyzing the support we can see 4 important areas.
- A support zone ranging from 16.52 to 16.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 15.81 to 15.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 15.52 to 15.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @15.10 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @17.73 from a trend line in the weekly time frame.
- A resistance zone ranging from 18.13 to 18.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
CHCT 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 CHCT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CHCT is up. |
| ChartMill Relative Strength | 47.38 | NEUTRAL | CHCT is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of CHCT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.48 | NEUTRAL | The RSI value for CHCT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests CHCT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92.07 | OVERBOUGHT | The high Stochastics value suggests CHCT may be overbought. |
| Average True Range in percent/ATR (20) | 2.02 | MEDIUM VOLATILITY | The ATR as a percentage value for CHCT suggests some volalility. |
| Average Directional Index/ADX (14) | 31.49 | POSITIVE | The high ADX value value for CHCT suggests a strong trend. |
CHCT Chart- and CandleStick Pattern Analysis
CHCT Example Setup
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 |
|---|---|---|---|
| 17.74 | 16.07 | 1.67 (9.41%) | 10.62% |
| An entry @17.74. This is a Buy Stop order right above the resistance zone. | An exit @16.07. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.67 points, which is 9.41%. | When investing 10.62% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
CHCT Technicals: Chart, Performance Metrics, Trend & Indicators
17.47
-0.16 (-0.91%)
COMMUNITY HEALTHCARE TRUST I / CHCT TA FAQ
What is the technical rating for CHCT stock?
ChartMill assigns a technical rating of 6 / 10 to CHCT.
What is the trend direction for CHCT stock?
The current trend direction for COMMUNITY HEALTHCARE TRUST I (CHCT) is Bullish.
What is the RSI signal for COMMUNITY HEALTHCARE TRUST I (CHCT) stock?
COMMUNITY HEALTHCARE TRUST I (CHCT) has an RSI value of 64.4834. This indicates that the stock is currently neutral.
Can you provide the MACD signal for COMMUNITY HEALTHCARE TRUST I?
The MACD indicator for COMMUNITY HEALTHCARE TRUST I (CHCT) has a value of 0.167485, indicating a bearish trend.
What is the buy/sell signal for COMMUNITY HEALTHCARE TRUST I (CHCT) stock?
The buy/sell signal for COMMUNITY HEALTHCARE TRUST I (CHCT) is buy as both the short term and long term trends are positive.