CPLG Technical Analysis - CorePoint Lodging Inc

Technical Rating and Analysis

Taking everything into account, CPLG scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CPLG 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, CPLG did better than 97% of all other stocks. On top of that, CPLG also shows a nice and consistent pattern of rising prices.

CPLG is one of the better performing stocks in the Diversified REITs industry, it outperforms 100% of 129 stocks in the same industry.

CPLG is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CPLG is lagging the market slightly.

CPLG has an average volume of 1580580 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

In the last month CPLG has a been trading in a tight range between 15.66 and 15.99.

Volume is considerably higher in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

CorePoint Lodging Inc / CPLG Weekly stock chart

CorePoint Lodging Inc / CPLG Daily stock chart

Setup Rating and Analysis

Although CPLG has an excellent technical rating, it does not offer a high 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

15.13

16.16

When analyzing the support we notice one important area.

A support zone ranging from 15.28 to 15.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

When analyzing the resistance we notice one important area.

Resistance @16.00 from a trend line in the daily time frame.

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What is Support and Resistance

Support and Resistance indicators

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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	UP	POSITIVE	The long term trend for CPLG is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for CPLG is up.
ChartMill Relative Strength	97	POSITIVE	CPLG has a high relative strength, it outperformed 97% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of CPLG is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of CPLG is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of CPLG is above the rising SMA(200).
Relative Strength Index/RSI (14)	73.77	OVERBOUGHT	The high RSI value suggests CPLG may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.02	POSITIVE	The MACD value suggests CPLG has a positive trend, although the MACD value is declining.
Stochastics (14,3)	93.94	OVERBOUGHT	The high Stochastics value suggests CPLG may be overbought.
Average True Range in percent/ATR (20)	0.35	LOW VOLATILITY	The low ATR as a percentage value for CPLG suggests low volalility.