CHOICE HOTELS INTL INC (CHH) Stock Technical Analysis
NYSE:CHH - New York Stock Exchange, Inc. - US1699051066 - Common Stock - Currency: USD
Taking everything into account, CHH scores 2 out of 10 in our technical rating. CHH has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
In the last month CHH has a been trading in the 123.73 - 133.00 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When comparing the performance of all stocks over the past year, CHH turns out to be only a medium performer in the overall market: it outperformed 54% of all stocks.
CHH is an average performer in the Hotels, Restaurants & Leisure industry, it outperforms 54% of 133 stocks in the same industry.
CHH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CHH is lagging the market.
CHH has a bad 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 127.50, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
108.73
154.26
When analyzing the support we can see 3 important areas.
- A support zone ranging from 125.57 to 127.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @120.93 from a horizontal line in the daily time frame.
- A support zone ranging from 109.83 to 110.48. This zone is formed by a combination of multiple trend lines in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 128.56 to 130.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 132.80 to 134.00. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 151.24 to 152.73. 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 CHH is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CHH is neutral. |
| ChartMill Relative Strength | 54.5 | NEUTRAL | CHH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CHH is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CHH is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CHH is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.61 | NEUTRAL | The RSI value for CHH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests CHH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.5 | NEUTRAL | The Stochastics value for CHH is a neutral value. |
| Average True Range in percent/ATR (20) | 2.19 | MEDIUM VOLATILITY | The ATR as a percentage value for CHH suggests some volalility. |
| Average Directional Index/ADX (14) | 9.66 | NEGATIVE | The low ADX value for CHH suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
128.19
-1 (-0.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-0.77%
1 Week1.89%
2 Weeks1%
1 Month0.68%
3 Month-1.6%
6 Month-12.47%
12 Month11.14%
2 Year9.08%
3 Year14.83%
5 Year62.47%
10 Year136.3%
15 Year324.33%
Volatility
ATR(14)2.69
ATR(20)%2.19%
ATR Inc4.85%
Range Today1.88
ADR(20)2.6
ADR(20)%2.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.5
Mansfield-0.91
10 Day High131.4
10 Day Low123.73
20 Day High133
20 Day Low123.73
52 Week High157.86
52 Week Low114.58
CS1 End127.5
CR1 Start128.56
Volume & EV
DER(3)-1.16%
DER(5)-1.79%
Volume393.70K
Volume Incr-5.24%
Vol(5)427.98K
Vol(50)445.04K