CAMDEN PROPERTY TRUST (CPT) Technical Analysis
NYSE:CPT • US1331311027
Current stock price
CPT Technical Rating and Analysis
Overall CPT gets a technical rating of 1 out of 10. CPT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 80% of all other stocks performed better in the past year than CPT.
- CPT 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 CPT has a been trading in the 96.53 - 102.71 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- CPT has an average volume of 1199400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- CPT is part of the Residential REITs industry. There are 20 other stocks in this industry, CPT did better than 52% of them.
CPT Weekly and Daily overview Charts
CPT Setup Rating and Analysis
Although the technical rating is bad, CPT does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 101.42. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 97.58, a Stop Loss order could be placed below this zone.
More info and screens
CPT Support and Resistance Analysis
95.99
We found 1 important support area.
- A support zone ranging from 96.96 to 97.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 101.42 to 106.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 109.03 to 111.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
CPT 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 CPT is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CPT is neutral. |
| ChartMill Relative Strength | 20.51 | NEGATIVE | CPT has a low relative strength, it was outperformed by 79.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CPT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CPT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CPT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.88 | NEUTRAL | The RSI value for CPT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.66 | POSITIVE | The MACD value suggests CPT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.62 | NEUTRAL | The Stochastics value for CPT is a neutral value. |
| Average True Range in percent/ATR (20) | 1.89 | LOW VOLATILITY | The low ATR as a percentage value for CPT suggests low volalility. |
| Average Directional Index/ADX (14) | 27.82 | POSITIVE | The high ADX value value for CPT suggests a strong trend. |
CPT Chart- and CandleStick Pattern Analysis
CPT Technicals: Chart, Performance Metrics, Trend & Indicators
100.82
-1.13 (-1.11%)
CAMDEN PROPERTY TRUST / CPT TA FAQ
What is the technical rating for CPT stock?
ChartMill assigns a technical rating of 1 / 10 to CPT.
What is the current trend direction of CAMDEN PROPERTY TRUST (CPT) stock?
The current trend direction for CAMDEN PROPERTY TRUST (CPT) is Bearish.
What is the RSI signal for CPT stock?
CAMDEN PROPERTY TRUST (CPT) has an RSI value of 47.884. This indicates that the stock is currently neutral.
What is the MACD signal for CPT stock?
The MACD indicator for CAMDEN PROPERTY TRUST (CPT) has a value of 0.657373, indicating a bearish trend.