CAMDEN PROPERTY TRUST (CPT) Technical Analysis
NYSE:CPT • US1331311027
Current stock price
CPT Technical Rating and Analysis
We assign a technical rating of 3 out of 10 to CPT. In the past year, CPT was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, CPT is a bad performer in the overall market: 80% of all stocks are doing better.
- CPT is part of the Residential REITs industry. There are 20 other stocks in this industry, of which 68% are performing better than CPT.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month CPT has a been trading in the 99.69 - 106.90 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 1137180 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- 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.
CPT Weekly and Daily overview Charts
CPT Setup Rating and Analysis
CPT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 104.80. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 103.52, 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
CPT Support and Resistance Analysis
95.99
2 important support areas can be observed.
- A support zone ranging from 102.49 to 103.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 104.80 to 106.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 109.50 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 | NEUTRAL | NEUTRAL | The long term trend for CPT is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CPT is up. |
| ChartMill Relative Strength | 20.46 | NEGATIVE | CPT has a low relative strength, it was outperformed by 79.54% 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) | 56.12 | NEUTRAL | The RSI value for CPT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.45 | POSITIVE | The MACD value suggests CPT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.68 | NEUTRAL | The Stochastics value for CPT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.11 | MEDIUM VOLATILITY | The ATR as a percentage value for CPT suggests some volalility. |
| Average Directional Index/ADX (14) | 18.56 | NEGATIVE | The low ADX value for CPT suggests a weak or negative trend. |
CPT Chart- and CandleStick Pattern Analysis
CPT Technicals: Chart, Performance Metrics, Trend & Indicators
104.45
-0.57 (-0.54%)
CAMDEN PROPERTY TRUST / CPT TA 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.
What is the RSI signal for CPT stock?
CAMDEN PROPERTY TRUST (CPT) has an RSI value of 56.1203. 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 0.447093, indicating a bearish trend.