CLDT Technical Analysis - CHATHAM LODGING TRUST

Technical Rating and Analysis

We assign a technical rating of 0 out of 10 to CLDT. CLDT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.

When comparing the yearly performance of all stocks, CLDT is a bad performer in the overall market: 86% of all stocks are doing better.

CLDT is part of the Diversified REITs industry. There are 129 other stocks in this industry, of which 78% are performing better than CLDT.

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 6.50 - 7.63 range, which is quite wide. It is currently trading near the lows of this range.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

CHATHAM LODGING TRUST / CLDT Weekly stock chart

CHATHAM LODGING TRUST / CLDT Daily stock chart

Setup Rating and Analysis

The technical rating of CLDT is bad and it also does not present a quality setup 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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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

6.59

8.63

4 important resistance areas can be observed.

A resistance zone ranging from 7.02 to 7.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Resistance @7.31 from a trend line in the weekly time frame.
Resistance @7.54 from a trend line in the daily time frame.
Resistance @8.54 from a trend line in the weekly time frame.

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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	DOWN	NEGATIVE	The long term trend for CLDT is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for CLDT is down.
ChartMill Relative Strength	14.24	NEGATIVE	CLDT has a low relative strength, it was outperformed by 85.76% 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)	DOWN	NEGATIVE	The current price of CLDT is below 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)	32.39	NEUTRAL	The RSI value for CLDT is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.05	NEGATIVE	The MACD value suggests CLDT has a negative trend, although the MACD value is rising.
Stochastics (14,3)	12.04	OVERSOLD	The low Stochastics value suggests CLDT may be oversold.
Average True Range in percent/ATR (20)	2.33	MEDIUM VOLATILITY	The ATR as a percentage value for CLDT suggests some volalility.
Average Directional Index/ADX (14)	21.09	NEUTRAL	The ADX value for CLDT suggests a possible start of a new trend.