CHATHAM LODGING TRUST (CLDT) Stock Technical Analysis
NYSE:CLDT - New York Stock Exchange, Inc. - US16208T1025 - REIT - Currency: USD
Taking everything into account, CLDT scores 1 out of 10 in our technical rating. CLDT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, CLDT is a bad performer in the overall market: 84% of all stocks are doing better.
CLDT is one of the lesser performing stocks in the Diversified REITs industry. 72% of 130 stocks in the same industry do better.
CLDT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month CLDT has a been trading in the 6.84 - 7.46 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, CLDT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 6.87, a Stop Loss order could be placed below this zone.
More info and screens
6.80
9.13
When analyzing the support we notice one important area.
- Support @6.87 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 7.14 to 7.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @8.83 from a trend line in the weekly time frame.
- Resistance @9.04 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 CLDT is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CLDT is neutral. |
| ChartMill Relative Strength | 16.99 | NEGATIVE | CLDT has a low relative strength, it was outperformed by 83.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CLDT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CLDT is below the rising 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) | 45.49 | NEUTRAL | The RSI value for CLDT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests CLDT has a negative trend. |
| Stochastics (14,3) | 32.03 | NEUTRAL | The Stochastics value for CLDT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.6 | MEDIUM VOLATILITY | The ATR as a percentage value for CLDT suggests some volalility. |
| Average Directional Index/ADX (14) | 9.11 | NEGATIVE | The low ADX value for CLDT suggests a weak or negative trend. |
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)
7.06
-0.02 (-0.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-0.28%
1 Week-3.81%
2 Weeks-2.89%
1 Month0%
3 Month3.67%
6 Month-20.05%
12 Month-19.13%
2 Year-26.46%
3 Year-41.94%
5 Year35.51%
10 Year-73.87%
15 Year-53.46%
Volatility
ATR(14)0.19
ATR(20)%2.6%
ATR Inc-16.88%
Range Today0.13
ADR(20)0.18
ADR(20)%2.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.99
Mansfield-1.93
10 Day High7.46
10 Day Low7.01
20 Day High7.46
20 Day Low6.85
52 Week High10
52 Week Low5.83
CS1 End6.87
CR1 Start7.14
Volume & EV
DER(3)-5.04%
DER(5)-3.71%
Volume183.90K
Volume Incr-22.71%
Vol(5)201.80K
Vol(50)240.55K