Colony Capital Inc (CLNY) Technical Analysis
NYSE:CLNY
Current stock price
CLNY Technical Rating and Analysis
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.
- Both the short term and long term trends are positive. This is a very positive sign.
- 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 122 stocks in the same industry.
- A new 52 week high is currently being made by CLNY, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- 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.
CLNY Weekly and Daily overview Charts
CLNY Setup Rating and Analysis
Although CLNY has an excellent technical rating, it does not present a decent entry opportunity 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
CLNY Support and Resistance Analysis
6.82
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.
CLNY 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 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. |
CLNY Chart- and CandleStick Pattern Analysis
CLNY Technicals: Chart, Performance Metrics, Trend & Indicators
8.5
+0.52 (+6.52%)
Colony Capital Inc / CLNY TA FAQ
What is the ChartMill technical rating of Colony Capital Inc (CLNY) stock?
ChartMill assigns a technical rating of 10 / 10 to CLNY.
What is the current trend direction of Colony Capital Inc (CLNY) stock?
The current trend direction for Colony Capital Inc (CLNY) is Bullish.
Can you provide the RSI signal for Colony Capital Inc?
Colony Capital Inc (CLNY) has an RSI value of 73.9007. This indicates that the stock is currently overbought.
What is the short term momentum for Colony Capital Inc (CLNY) stock?
The short term momentum for Colony Capital Inc (CLNY) is positive.
What is the support and resistance level for CLNY stock?
Colony Capital Inc (CLNY) has a support level at 8.13. Check the full technical report for our detailed analysis of CLNY support and resistance levels.