CAMDEN PROPERTY TRUST (CPT) Stock Technical Analysis
NYSE:CPT - New York Stock Exchange, Inc. - US1331311027 - REIT - Currency: USD
Taking everything into account, CPT scores 3 out of 10 in our technical rating. CPT has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
CPT is part of the Residential REITs industry. There are 20 other stocks in this industry. CPT outperforms 84% of them.
In the last month CPT has a been trading in the 111.90 - 119.00 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.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When compared to the yearly performance of all other stocks, CPT outperforms 48% of them, which is more or less in line with the market.
CPT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CPT is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
CPT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
105.46
128.30
We found 3 important support areas.
- Support @113.00 from a horizontal line in the daily time frame.
- Support @111.08 from a trend line in the weekly time frame.
- A support zone ranging from 106.53 to 109.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 116.31 to 119.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @122.80 from a horizontal line in the daily time frame.
- A resistance zone ranging from 125.60 to 127.03. 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 | 48.48 | NEUTRAL | CPT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CPT is below 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) | 45.98 | NEUTRAL | The RSI value for CPT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests CPT has a negative trend. |
| Stochastics (14,3) | 28.83 | NEUTRAL | The Stochastics value for CPT is a neutral value. |
| Average True Range in percent/ATR (20) | 1.86 | LOW VOLATILITY | The low ATR as a percentage value for CPT suggests low volalility. |
| Average Directional Index/ADX (14) | 10.61 | NEGATIVE | The low ADX value for CPT suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
115.62
-0.28 (-0.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryResidential REITs
Performance
% Chg-0.24%
1 Week-1.53%
2 Weeks-1.67%
1 Month-2.7%
3 Month-3.01%
6 Month0.62%
12 Month5.4%
2 Year6.2%
3 Year-14.02%
5 Year26.75%
10 Year55.65%
15 Year183.04%
Volatility
ATR(14)2.08
ATR(20)%1.86%
ATR Inc-38.83%
Range Today1.65
ADR(20)2.12
ADR(20)%1.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.48
Mansfield-0.57
10 Day High119
10 Day Low114.71
20 Day High119
20 Day Low111.9
52 Week High127.69
52 Week Low102.35
CS1 End113
CR1 Start116.31
Volume & EV
DER(3)0.98%
DER(5)0.29%
Volume759.00K
Volume Incr-32.37%
Vol(5)631.24K
Vol(50)984.43K