Colony Capital Inc (CLNY) Stock Technical Analysis
NYSE:CLNY - New York Stock Exchange, Inc. -
We assign a technical rating of 10 out of 10 to CLNY. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CLNY is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, CLNY did better than 96% of all other stocks. On top of that, CLNY also shows a nice and consistent pattern of rising prices.
CLNY is one of the better performing stocks in the Diversified REITs industry, it outperforms 99% of 130 stocks in the same industry.
CLNY is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month CLNY has a been trading in the 6.63 - 8.70 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
CLNY has an average volume of 3428530 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although CLNY has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
6.82
8.59
When analyzing the support we can see 4 important areas.
- A support zone ranging from 8.03 to 8.13. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @7.83 from a horizontal line in the daily time frame.
- A support zone ranging from 7.19 to 7.21. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Support @6.89 from a trend line in the daily 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 | UP | POSITIVE | The long term trend for CLNY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CLNY is up. |
| ChartMill Relative Strength | 96.55 | POSITIVE | CLNY has a high relative strength, it outperformed 96.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CLNY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CLNY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CLNY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 73.9 | OVERBOUGHT | The high RSI value suggests CLNY may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests CLNY has a positive trend. |
| Stochastics (14,3) | 84.23 | OVERBOUGHT | The high Stochastics value suggests CLNY may be overbought. |
| Average True Range in percent/ATR (20) | 3.61 | MEDIUM VOLATILITY | The ATR as a percentage value for CLNY suggests some volalility. |
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)
8.5
+0.52 (+6.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg6.52%
1 Week7.59%
2 Weeks12.58%
1 Month27.25%
3 Month36.44%
6 Month70.68%
12 Month267.97%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%3.61%
ATR Inc70.76%
Range Today0.63
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.55
Mansfield6.09
10 Day High8.7
10 Day Low7.45
20 Day High8.7
20 Day Low6.63
52 Week High8.7
52 Week Low1.73
CS1 End8.13
CR1 StartN/A
Volume & EV
DER(3)2.67%
DER(5)0.09%
Volume7.11M
Volume Incr64.48%
Vol(5)5.68M
Vol(50)3.43M