COMMUNITY HEALTHCARE TRUST I (CHCT) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CHCT - US20369C1062 - REIT
Taking everything into account, CHCT scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CHCT is only an average performer.
- The long and short term trends are both positive. This is looking good!
- In the last month CHCT has a been trading in the 15.56 - 17.25 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 53% of all stocks.
- CHCT is an average performer in the Diversified REITs industry, it outperforms 59% of 126 stocks in the same industry.
- CHCT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CHCT is lagging the market.
CHCT has an excellent technical rating, but the quality of the setup is only medium 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
14.82
We found 2 important support areas.
- A support zone ranging from 15.66 to 15.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 14.97 to 15.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 17.05 to 17.06. 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 | 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 | 53.84 | 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) | UP | POSITIVE | The current price of CHCT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CHCT is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 71.36 | OVERBOUGHT | The high RSI value suggests CHCT may be overbought. |
| 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) | 88.39 | OVERBOUGHT | The high Stochastics value suggests CHCT may be overbought. |
| Average True Range in percent/ATR (20) | 1.86 | LOW VOLATILITY | The low ATR as a percentage value for CHCT suggests low volalility. |
| Average Directional Index/ADX (14) | 34.18 | POSITIVE | The high ADX value value for CHCT suggests a strong trend. |
17.04
-0.02 (-0.12%)
COMMUNITY HEALTHCARE TRUST I / CHCT FAQ
What is the technical rating for CHCT stock?
ChartMill assigns a technical rating of 8 / 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 CHCT stock?
COMMUNITY HEALTHCARE TRUST I (CHCT) has an RSI value of 71.3577. This indicates that the stock is currently overbought.
What is the short term momentum for CHCT stock?
The short term momentum for COMMUNITY HEALTHCARE TRUST I (CHCT) is positive.
What is the support and resistance level for CHCT stock?
COMMUNITY HEALTHCARE TRUST I (CHCT) has a support level at 15.87 and a resistance level at 17.05. Check the full technical report for our detailed analysis of CHCT support and resistance levels.