CorePoint Lodging Inc (CPLG) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CPLG - REIT
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.
Although CPLG has an excellent technical rating, it does not present a decent entry opportunity 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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15.13
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.
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. |
15.98
+0.02 (+0.13%)
CorePoint Lodging Inc / CPLG FAQ
What is the ChartMill technical rating of CorePoint Lodging Inc (CPLG) stock?
ChartMill assigns a technical rating of 9 / 10 to CPLG.
What is the trend direction for CPLG stock?
The current trend direction for CorePoint Lodging Inc (CPLG) is Bullish.
What is the RSI signal for CorePoint Lodging Inc (CPLG) stock?
CorePoint Lodging Inc (CPLG) has an RSI value of 73.7731. This indicates that the stock is currently overbought.
What is the MACD signal for CPLG stock?
The MACD indicator for CorePoint Lodging Inc (CPLG) has a value of 0.0232476, indicating a bearish trend.
What is the support and resistance level for CPLG stock?
CorePoint Lodging Inc (CPLG) has a support level at 15.89 and a resistance level at 16. Check the full technical report for our detailed analysis of CPLG support and resistance levels.