CPT Technical Analysis - CAMDEN PROPERTY TRUST

Technical Rating and Analysis

Taking everything into account, CPT scores 0 out of 10 in our technical rating. 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.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.

When comparing the yearly performance of all stocks, CPT is a bad performer in the overall market: 81% of all stocks are doing better.

CPT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.

In the last month CPT has a been trading in the 105.89 - 112.27 range, which is quite wide. It is currently trading near the lows of this range.

CPT is part of the Residential REITs industry. There are 20 other stocks in this industry, CPT did better than 52% of them.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

CAMDEN PROPERTY TRUST / CPT Weekly stock chart

CAMDEN PROPERTY TRUST / CPT Daily stock chart

Setup Rating and Analysis

CPT has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 106.53, a Stop Loss order could be placed below this zone.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

103.01

126.86

We found 1 important support area.

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.

4 important resistance areas can be observed.

A resistance zone ranging from 106.76 to 109.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A resistance zone ranging from 111.98 to 112.52. This zone is formed by a combination of multiple trend lines 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.
Resistance @125.60 from a horizontal line in the weekly time frame.

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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	DOWN	NEGATIVE	The long term trend for CPT is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for CPT is down.
ChartMill Relative Strength	19.22	NEGATIVE	CPT has a low relative strength, it was outperformed by 80.78% off all stocks 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)	DOWN	NEGATIVE	The current price of CPT is below 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)	42.76	NEUTRAL	The RSI value for CPT is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.21	NEGATIVE	The MACD value suggests CPT has a negative trend, although the MACD value is rising.
Stochastics (14,3)	10.1	OVERSOLD	The low Stochastics value suggests CPT may be oversold.
Average True Range in percent/ATR (20)	1.76	LOW VOLATILITY	The low ATR as a percentage value for CPT suggests low volalility.
Average Directional Index/ADX (14)	13.62	NEGATIVE	The low ADX value for CPT suggests a weak or negative trend.