COMMUNITY HEALTHCARE TRUST I (CHCT) Stock Technical Analysis
NYSE:CHCT • US20369C1062
Overall CHCT gets a technical rating of 6 out of 10. In the last year, CHCT was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- When compared to the yearly performance of all other stocks, CHCT outperforms 43% of them, which is more or less in line with the market.
- CHCT is an average performer in the Diversified REITs industry, it outperforms 40% of 123 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.
- In the last month CHCT has a been trading in the 16.61 - 18.22 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
CHCT has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 16.76, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
15.75
We found 2 important support areas.
- A support zone ranging from 16.66 to 16.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @15.91 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- 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.
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 | NEUTRAL | NEUTRAL | The short term trend for CHCT is neutral. |
| ChartMill Relative Strength | 43.3 | NEUTRAL | CHCT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CHCT is below a declining 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) | 45.61 | NEUTRAL | The RSI value for CHCT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests CHCT has a negative trend. |
| Stochastics (14,3) | 24.76 | NEUTRAL | The Stochastics value for CHCT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.69 | MEDIUM VOLATILITY | The ATR as a percentage value for CHCT suggests some volalility. |
| Average Directional Index/ADX (14) | 24.07 | 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 |
|---|---|---|---|
| 17.67 | 16.77 | 0.90 (5.09%) | 19.65% |
| An entry @17.67. This is a Buy Stop order right above the 10 day moving average. | An exit @16.77. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.90 points, which is 5.09%. | When investing 19.65% 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.
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 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 CHCT stock?
COMMUNITY HEALTHCARE TRUST I (CHCT) has an RSI value of 45.6098. This indicates that the stock is currently neutral.
What is the short term momentum for CHCT stock?
The short term momentum for COMMUNITY HEALTHCARE TRUST I (CHCT) is neutral.
What is the support and resistance level for CHCT stock?
COMMUNITY HEALTHCARE TRUST I (CHCT) has a support level at 16.76 and a resistance level at 18.13. Check the full technical report for our detailed analysis of CHCT support and resistance levels.