CHESAPEAKE LODGING TR (CHSP) Technical Analysis
NYSE:CHSP
Current stock price
CHSP Technical Rating and Analysis
Overall CHSP gets a technical rating of 2 out of 10. In the past year, CHSP was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- 73% of all other stocks performed better in the past year than CHSP.
- In the last month CHSP has a been trading in the 25.32 - 27.96 range, which is quite wide. It is currently trading near the high of this range.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- CHSP is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CHSP is lagging the market slightly.
- Volume is considerably higher in the last couple of days.
CHSP Weekly and Daily overview Charts
CHSP Setup Rating and Analysis
The technical rating of CHSP is bad and it also does not present a quality setup 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
CHSP Support and Resistance Analysis
25.52
We found 2 important support areas.
- A support zone ranging from 26.77 to 27.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @25.78 from a trend line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @27.36 from a horizontal line in the daily time frame.
- Resistance @27.81 from a horizontal line in the daily time frame.
- Resistance @28.91 from a trend line in the weekly time frame.
- Resistance @30.44 from a horizontal line in the weekly time frame.
CHSP 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 CHSP is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CHSP is up. |
| ChartMill Relative Strength | 27.61 | NEGATIVE | CHSP has a low relative strength, it was outperformed by 72.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CHSP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CHSP is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CHSP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.53 | NEUTRAL | The RSI value for CHSP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests CHSP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.49 | NEUTRAL | The Stochastics value for CHSP is a neutral value. |
| Average True Range in percent/ATR (20) | 1.43 | LOW VOLATILITY | The low ATR as a percentage value for CHSP suggests low volalility. |
CHSP Chart- and CandleStick Pattern Analysis
CHSP Technicals: Chart, Performance Metrics, Trend & Indicators
27.17
-0.19 (-0.69%)
CHESAPEAKE LODGING TR / CHSP TA FAQ
Can you provide the ChartMill technical rating for CHESAPEAKE LODGING TR?
ChartMill assigns a technical rating of 2 / 10 to CHSP.
What is the trend direction for CHSP stock?
The current trend direction for CHESAPEAKE LODGING TR (CHSP) is Bearish.
What is the RSI signal for CHSP stock?
CHESAPEAKE LODGING TR (CHSP) has an RSI value of 60.5282. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for CHESAPEAKE LODGING TR?
The buy/sell signal for CHESAPEAKE LODGING TR (CHSP) is hold as the short term and long term trends are mixed.
What is the support and resistance level for CHSP stock?
CHESAPEAKE LODGING TR (CHSP) has a support level at 27.1 and a resistance level at 27.36. Check the full technical report for our detailed analysis of CHSP support and resistance levels.