City Office REIT Inc (CIO) Technical Analysis
NYSE:CIO • US1785871013
Current stock price
CIO Technical Rating and Analysis
Taking everything into account, CIO scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, CIO has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that CIO is one of the better performing stocks in the market, outperforming 81% of all stocks.
- CIO is part of the Diversified REITs industry. There are 123 other stocks in this industry. CIO outperforms 86% of them.
- CIO is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month CIO has a been trading in a tight range between 6.94 and 7.00.
- Volume is considerably higher in the last couple of days.
CIO Weekly and Daily overview Charts
CIO Setup Rating and Analysis
Besides having an excellent technical rating, CIO also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 7.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 6.98, 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
CIO Support and Resistance Analysis
4.16
3 important support areas can be observed.
- A support zone ranging from 6.91 to 6.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 6.79 to 6.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.20 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 7.00 to 7.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
CIO 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 | UP | POSITIVE | The long term trend for CIO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CIO is up. |
| ChartMill Relative Strength | 81.13 | POSITIVE | CIO has a high relative strength, it outperformed 81.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CIO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CIO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CIO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.45 | NEUTRAL | The RSI value for CIO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CIO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.33 | OVERBOUGHT | The high Stochastics value suggests CIO may be overbought. |
| Average True Range in percent/ATR (20) | 0.19 | LOW VOLATILITY | The low ATR as a percentage value for CIO suggests low volalility. |
| Average Directional Index/ADX (14) | 32.15 | POSITIVE | The high ADX value value for CIO suggests a strong trend. |
CIO Chart- and CandleStick Pattern Analysis
CIO Example Setup
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 |
|---|---|---|---|
| 7.02 | 6.95 | 0.07 (1.07%) | 25.00% |
| An entry @7.02. This is a Buy Stop order right above the resistance zone. | An exit @6.95. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.07 points, which is 1.07%. | For a 0.27% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
CIO Technicals: Chart, Performance Metrics, Trend & Indicators
6.99
-0.01 (-0.14%)
City Office REIT Inc / CIO TA FAQ
What is the technical rating for CIO stock?
ChartMill assigns a technical rating of 9 / 10 to CIO.
What is the current trend direction of City Office REIT Inc (CIO) stock?
The current trend direction for City Office REIT Inc (CIO) is Bullish.
Can you provide the RSI signal for City Office REIT Inc?
City Office REIT Inc (CIO) has an RSI value of 64.4478. This indicates that the stock is currently neutral.
What is the MACD signal for CIO stock?
The MACD indicator for City Office REIT Inc (CIO) has a value of 0.00209196, indicating a bearish trend.
Can you provide the buy/sell signal for City Office REIT Inc?
The buy/sell signal for City Office REIT Inc (CIO) is buy as both the short term and long term trends are positive.