CAMDEN PROPERTY TRUST (CPT)

US1331311027 - REIT

95.8  +1.32 (+1.4%)

After market: 95.8 0 (0%)

Technical Rating and Analysis

2

Taking everything into account, CPT scores 2 out of 10 in our technical rating. CPT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, CPT is a bad performer in the overall market: 74% of all stocks are doing better.
CPT is one of the lesser performing stocks in the Residential REITs industry. 65% of 21 stocks in the same industry do better.
In the last month CPT has a been trading in the 90.50 - 98.64 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 1127510 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.
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. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 95.85. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 95.36, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

90.97

102.63

We found 1 important support area.

  • A support zone ranging from 91.89 to 95.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 95.85 to 97.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @99.29 from a horizontal line in the weekly time frame.
  • A resistance zone ranging from 101.61 to 101.61. This zone is formed by a combination of multiple trend lines in the daily time frame.
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
CRS26.96
Mansfield-1.87
10 Day High97.14
10 Day Low92.26
20 Day High98.64
20 Day Low90.5
52 Week High117.84
52 Week Low82.81
Performance
1 Week1%
2 Weeks-1.61%
1 Month0.26%
3 Month3.43%
6 Month-10.25%
12 Month-17.51%
2 Year-42.36%
3 Year-12.84%
5 Year-5.62%
10 Year42.26%
15 Year343.93%
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)0.12
RSI(14)52.61
LBB91.72
UBB97.26
CPT Daily chart

CAMDEN PROPERTY TRUST

NYSE:CPT (3/1/2024, 7:08:21 PM)

After market: 95.8 0 (0%)

95.8

+1.32 (+1.4%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryResidential REITs
Performance
% Chg1.4%
1 Week1%
2 Weeks-1.61%
1 Month0.26%
3 Month3.43%
6 Month-10.25%
12 Month-17.51%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.06
ATR(20)%2.21%
ATR Inc
Range Today2.84
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 High97.14
10 Day Low92.26
20 Day High98.64
20 Day Low90.5
52 Week High117.84
52 Week Low82.81
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume885.40K
Volume Incr-22%
Vol(5)1.02M
Vol(50)1.13M