CHATHAM LODGING TRUST (CLDT) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CLDT - US16208T1025 - REIT
Taking everything into account, CLDT scores 2 out of 10 in our technical rating. In the past year, CLDT 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.
CLDT has a poor technical rating and the quality of the setup is also only medium 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.
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6.04
3 important support areas can be observed.
- A support zone ranging from 6.60 to 6.63. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @6.40 from a horizontal line in the daily time frame.
- A support zone ranging from 6.10 to 6.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 6.86 to 6.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.45 from a trend line in the daily time frame.
- A resistance zone ranging from 7.66 to 7.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @8.32 from a trend 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 CLDT is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CLDT is up. |
| ChartMill Relative Strength | 17.48 | NEGATIVE | CLDT has a low relative strength, it was outperformed by 82.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CLDT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CLDT is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CLDT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.27 | NEUTRAL | The RSI value for CLDT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests CLDT has a positive trend. |
| Stochastics (14,3) | 75.95 | NEUTRAL | The Stochastics value for CLDT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.71 | MEDIUM VOLATILITY | The ATR as a percentage value for CLDT suggests some volalility. |
| Average Directional Index/ADX (14) | 15.62 | NEGATIVE | The low ADX value for CLDT suggests a weak or negative trend. |
6.83
+0.05 (+0.74%)
CHATHAM LODGING TRUST / CLDT FAQ
Can you provide the ChartMill technical rating for CHATHAM LODGING TRUST?
ChartMill assigns a technical rating of 2 / 10 to CLDT.
What is the current trend direction of CHATHAM LODGING TRUST (CLDT) stock?
The current trend direction for CHATHAM LODGING TRUST (CLDT) is Bearish.
Can you provide the RSI signal for CHATHAM LODGING TRUST?
CHATHAM LODGING TRUST (CLDT) has an RSI value of 59.2673. This indicates that the stock is currently neutral.
What is the short term momentum for CHATHAM LODGING TRUST (CLDT) stock?
The short term momentum for CHATHAM LODGING TRUST (CLDT) is positive.
What is the buy/sell signal for CHATHAM LODGING TRUST (CLDT) stock?
The buy/sell signal for CHATHAM LODGING TRUST (CLDT) is hold as the short term and long term trends are mixed.