CAMDEN PROPERTY TRUST (CPT) Stock Technical Analysis
NYSE:CPT • US1331311027
We assign a technical rating of 3 out of 10 to CPT. In the last year, CPT was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
- 74% of all other stocks performed better in the past year than CPT.
- In the last month CPT has a been trading in the 104.85 - 112.50 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 1384650 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- CPT is an average performer in the Residential REITs industry, it outperforms 63% of 20 stocks in the same industry.
- CPT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CPT is lagging the market.
Although the technical rating is bad, CPT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 108.23, a Stop Loss order could be placed below this zone.
More info and screens
96.60
When analyzing the support we can see 3 important areas.
- A support zone ranging from 106.47 to 108.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @99.48 from a horizontal line in the weekly time frame.
- Support @97.58 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 108.44 to 113.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for CPT is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CPT is neutral. |
| ChartMill Relative Strength | 26.99 | NEGATIVE | CPT has a low relative strength, it was outperformed by 73.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CPT is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CPT is above the rising 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) | 50.71 | NEUTRAL | The RSI value for CPT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests CPT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 42.83 | NEUTRAL | The Stochastics value for CPT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.44 | MEDIUM VOLATILITY | The ATR as a percentage value for CPT suggests some volalility. |
| Average Directional Index/ADX (14) | 10.76 | NEGATIVE | The low ADX value for CPT suggests a weak or negative trend. |
108.37
-0.16 (-0.15%)
CAMDEN PROPERTY TRUST / CPT FAQ
What is the technical rating for CPT stock?
ChartMill assigns a technical rating of 3 / 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.
Can you provide the RSI signal for CAMDEN PROPERTY TRUST?
CAMDEN PROPERTY TRUST (CPT) has an RSI value of 50.7053. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CAMDEN PROPERTY TRUST?
The MACD indicator for CAMDEN PROPERTY TRUST (CPT) has a value of 0.0195329, indicating a bearish trend.
What is the short term momentum for CAMDEN PROPERTY TRUST (CPT) stock?
The short term momentum for CAMDEN PROPERTY TRUST (CPT) is neutral.