CHATHAM LODGING TRUST (CLDT) Technical Analysis
NYSE:CLDT • US16208T1025
Current stock price
CLDT Technical Rating and Analysis
Overall CLDT gets a technical rating of 7 out of 10. In the last year, CLDT was one of the better performers, but we do observe some doubts in the very recent evolution.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- Looking at the yearly performance, CLDT did better than 77% of all other stocks.
- CLDT is part of the Diversified REITs industry. There are 122 other stocks in this industry. CLDT outperforms 88% of them.
- CLDT is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CLDT is performing more or less in line with the market.
- In the last month CLDT has a been trading in the 7.47 - 8.09 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.
CLDT Weekly and Daily overview Charts
CLDT Setup Rating and Analysis
Besides having an excellent technical rating, CLDT also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 7.93, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CLDT in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
CLDT Support and Resistance Analysis
6.14
We found 4 important support areas.
- A support zone ranging from 7.78 to 7.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.38 from a trend line in the daily time frame.
- A support zone ranging from 6.75 to 6.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.20 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @8.04 from a horizontal line in the weekly time frame.
CLDT 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 CLDT is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CLDT is neutral. |
| ChartMill Relative Strength | 77.38 | POSITIVE | CLDT has a high relative strength, it outperformed 77.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CLDT is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CLDT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CLDT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.25 | NEUTRAL | The RSI value for CLDT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CLDT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 68.8 | NEUTRAL | The Stochastics value for CLDT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.18 | MEDIUM VOLATILITY | The ATR as a percentage value for CLDT suggests some volalility. |
| Average Directional Index/ADX (14) | 9.31 | NEGATIVE | The low ADX value for CLDT suggests a weak or negative trend. |
CLDT Chart- and CandleStick Pattern Analysis
CLDT 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 |
|---|---|---|---|
| 8.05 | 7.77 | 0.28 (3.48%) | 25.00% |
| An entry @8.05. This is a Buy Stop order right above the resistance zone. | An exit @7.77. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.28 points, which is 3.48%. | For a 0.87% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of CLDT. Please evaluate whether better entry and exit points can be found.
- 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.
CLDT Technicals: Chart, Performance Metrics, Trend & Indicators
7.94
+0.12 (+1.53%)
CHATHAM LODGING TRUST / CLDT TA FAQ
Can you provide the ChartMill technical rating for CHATHAM LODGING TRUST?
ChartMill assigns a technical rating of 7 / 10 to CLDT.
Can you provide the trend direction for CHATHAM LODGING TRUST?
The current trend direction for CHATHAM LODGING TRUST (CLDT) is Bullish.
Can you provide the RSI signal for CHATHAM LODGING TRUST?
CHATHAM LODGING TRUST (CLDT) has an RSI value of 56.2546. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CHATHAM LODGING TRUST?
The MACD indicator for CHATHAM LODGING TRUST (CLDT) has a value of -0.00776873, indicating a bearish trend.