CHATHAM LODGING TRUST (CLDT) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CLDT - US16208T1025 - REIT
Overall CLDT gets a technical rating of 6 out of 10. CLDT has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
CLDT has an average technical rating and the quality of the presented setup is also not ideal 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
When analyzing the support we can see 3 important areas.
- A support zone ranging from 6.77 to 6.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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.
We can see 3 important resistance areas.
- Resistance @7.08 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 @8.24 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 | NEUTRAL | NEUTRAL | The long term trend for CLDT is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CLDT is up. |
| ChartMill Relative Strength | 20.44 | NEGATIVE | CLDT has a low relative strength, it was outperformed by 79.56% 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) | UP | POSITIVE | The current price of CLDT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CLDT is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.61 | NEUTRAL | The RSI value for CLDT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests CLDT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.21 | NEUTRAL | The Stochastics value for CLDT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.31 | MEDIUM VOLATILITY | The ATR as a percentage value for CLDT suggests some volalility. |
| Average Directional Index/ADX (14) | 19.16 | NEGATIVE | The low ADX value for CLDT suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 7.09 | 6.76 | 0.33 (4.65%) | 21.48% |
| An entry @7.09. This is a Buy Stop order right above the resistance zone. | An exit @6.76. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.33 points, which is 4.65%. | For a 1.00% total portfolio risk, you can invest 21.48% 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.
6.99
-0.08 (-1.13%)
CHATHAM LODGING TRUST / CLDT FAQ
Can you provide the ChartMill technical rating for CHATHAM LODGING TRUST?
ChartMill assigns a technical rating of 6 / 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 59.613. 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.