CAMDEN PROPERTY TRUST (CPT)

US1331311027 - REIT

98.33  +1.17 (+1.2%)

Technical Rating and Analysis

3

Taking everything into account, CPT scores 3 out of 10 in our technical rating. 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.

When comparing the yearly performance of all stocks, CPT is a bad performer in the overall market: 73% of all stocks are doing better.
In the last month CPT has a been trading in the 92.99 - 102.00 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.
CPT has an average volume of 1228590 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
CPT is part of the Residential REITs industry. There are 21 other stocks in this industry, CPT did better than 44% of them.
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.
Weekly and Daily overview Charts
CPT Weekly chart
CPT Daily chart
Setup Rating and Analysis

8

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. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 97.13, 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.
Support and Resistance Analysis

92.90

102.63

When analyzing the support we notice one important area.

  • A support zone ranging from 93.84 to 97.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 99.51 to 101.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.4
Mansfield-1.72
10 Day High100.87
10 Day Low96.19
20 Day High102
20 Day Low92.99
52 Week High114.04
52 Week Low82.81
Performance
1 Week-1.22%
2 Weeks-1.89%
1 Month3.62%
3 Month-2.15%
6 Month2.73%
12 Month-7.33%
2 Year-41.54%
3 Year-11.6%
5 Year-4.28%
10 Year44.28%
15 Year350.23%
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)
Technical Indicators
MACD(12,26,9)-0.22
RSI(14)49.73
LBB95.83
UBB100.83
CPT Daily chart

CAMDEN PROPERTY TRUST

NYSE:CPT (3/28/2024, 12:45:49 PM)

98.33

+1.17 (+1.2%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryResidential REITs
Performance
% Chg1.2%
1 Week-1.22%
2 Weeks-1.89%
1 Month3.62%
3 Month-2.15%
6 Month2.73%
12 Month-7.33%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.96
ATR(20)%2.03%
ATR Inc
Range Today1.05
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High100.87
10 Day Low96.19
20 Day High102
20 Day Low92.99
52 Week High114.04
52 Week Low82.81
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume537.83K
Volume Incr-10.78%
Vol(5)1.07M
Vol(50)1.23M