CAMDEN PROPERTY TRUST (CPT) Stock Technical Analysis
NYSE:CPT - US1331311027 - REIT
111.36 USD
+1.02 (+0.92%)
111.36 USD
0 (0%)
We assign a technical rating of 1 out of 10 to CPT. CPT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, CPT is a bad performer in the overall market: 82% of all stocks are doing better.
In the last month CPT has a been trading in the 103.38 - 112.27 range, which is quite wide. It is currently trading near the high of this range.
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. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 111.51. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 110.71, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
103.01
128.30
We found 2 important support areas.
- A support zone ranging from 108.26 to 110.71. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 104.05 to 106.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 111.51 to 112.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 117.07 to 117.83. This zone is formed by a combination of multiple trend lines 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 | 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 | 18.91 | NEGATIVE | CPT has a low relative strength, it was outperformed by 81.09% 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 | MIXED | The current price of CPT is above 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) | 55.74 | NEUTRAL | The RSI value for CPT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.5 | POSITIVE | The MACD value suggests CPT has a positive trend. |
| Stochastics (14,3) | 72.25 | NEUTRAL | The Stochastics value for CPT is a neutral value. |
| Average True Range in percent/ATR (20) | 1.61 | LOW VOLATILITY | The low ATR as a percentage value for CPT suggests low volalility. |
| Average Directional Index/ADX (14) | 18.06 | 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)
111.36
+1.02 (+0.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryResidential REITs
Performance
% Chg0.92%
1 Week0.56%
2 Weeks3.09%
1 Month4.1%
3 Month-3.86%
6 Month-8.34%
12 Month-8.85%
2 Year17.74%
3 Year-6.77%
5 Year25.15%
10 Year50.69%
15 Year132.15%
Volatility
ATR(14)1.77
ATR(20)%1.61%
ATR Inc-8.07%
Range Today1.51
ADR(20)1.66
ADR(20)%1.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.91
Mansfield-1.29
10 Day High112.27
10 Day Low107.95
20 Day High112.27
20 Day Low103.38
52 Week High127.69
52 Week Low102.35
CS1 End110.71
CR1 Start111.51
Volume & EV
DER(3)-0.37%
DER(5)-1.06%
Volume995.30K
Volume Incr-15.64%
Vol(5)803.80K
Vol(50)939.71K