CHESAPEAKE LODGING TR (CHSP) Stock Technical Analysis
NYSE:CHSP -
27.17
-0.19 (-0.69%)
27.2113
+0.04 (+0.15%)
We assign a technical rating of 2 out of 10 to CHSP. Recently some decent action could be observed, but in the medium term time frame this is still negative. CHSP was also a bad performer in the overall market in the last year.
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 currently trading near new highs, so CHSP is lagging the market.
Volume is considerably higher in the last couple of days.
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
25.52
30.74
2 important support areas can be observed.
- 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.
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. |
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)
27.17
-0.19 (-0.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.69%
1 Week1.34%
2 Weeks5.97%
1 Month3.9%
3 Month-5.26%
6 Month-3%
12 Month-18.21%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.42
ATR(20)%1.43%
ATR Inc-4.96%
Range Today0.46
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.61
Mansfield-1.05
10 Day High27.96
10 Day Low25.7
20 Day High27.96
20 Day Low25.32
52 Week High33.23
52 Week Low23.68
CS1 End27.1
CR1 Start27.36
Volume & EV
DER(3)0.9%
DER(5)-1.26%
Volume21.67M
Volume Incr1842.42%
Vol(5)5.36M
Vol(50)770.47K