CHCT Technical Analysis - COMMUNITY HEALTHCARE TRUST I

Technical Rating and Analysis

We assign a technical rating of 1 out of 10 to CHCT. CHCT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.

When comparing the yearly performance of all stocks, CHCT is a bad performer in the overall market: 86% of all stocks are doing better.

CHCT is part of the Diversified REITs industry. There are 130 other stocks in this industry, of which 79% are performing better than CHCT.

CHCT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.

In the last month CHCT has a been trading in the 14.93 - 15.84 range, which is quite wide. It is currently trading near the lows of this range.

Prices have been consolidating recently, but much resistance may still be present above.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

COMMUNITY HEALTHCARE TRUST I / CHCT Weekly stock chart

COMMUNITY HEALTHCARE TRUST I / CHCT Daily stock chart

Setup Rating and Analysis

Although the technical rating is bad, CHCT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

14.19

17.27

When analyzing the support we can see 2 important areas.

Support @15.14 from a trend line in the weekly time frame.
A support zone ranging from 14.33 to 14.34. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 2 important resistance areas.

A resistance zone ranging from 15.35 to 16.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Resistance @17.10 from a horizontal line in the daily time frame.

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Support and Resistance indicators

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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	DOWN	NEGATIVE	The long term trend for CHCT is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for CHCT is down.
ChartMill Relative Strength	14.88	NEGATIVE	CHCT has a low relative strength, it was outperformed by 85.12% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	MIXED	The current price of CHCT is below the rising SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of CHCT is below 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)	45.28	NEUTRAL	The RSI value for CHCT is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.03	NEGATIVE	The MACD value suggests CHCT has a negative trend.
Stochastics (14,3)	14.28	OVERSOLD	The low Stochastics value suggests CHCT may be oversold.
Average True Range in percent/ATR (20)	2.13	MEDIUM VOLATILITY	The ATR as a percentage value for CHCT suggests some volalility.
Average Directional Index/ADX (14)	13.83	NEGATIVE	The low ADX value for CHCT suggests a weak or negative trend.