NYSE:CTO - New York Stock Exchange, Inc. - US22948Q1013 - REIT - Currency: USD
Overall CTO gets a technical rating of 1 out of 10. CTO has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
CTO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 17.64, a Stop Loss order could be placed below this zone.
16.69
When analyzing the support we can see 2 important areas.
When analyzing the resistance we notice 5 important areas.
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 CTO is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CTO is down. |
ChartMill Relative Strength | 45.2 | NEUTRAL | CTO is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CTO is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CTO is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CTO is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 45.2 | NEUTRAL | The RSI value for CTO is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CTO has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 30.88 | NEUTRAL | The Stochastics value for CTO is a neutral value. |
Average True Range in percent/ATR (20) | 1.83 | LOW VOLATILITY | The low ATR as a percentage value for CTO suggests low volalility. |
Average Directional Index/ADX (14) | 22.09 | NEUTRAL | The ADX value for CTO suggests a possible start of a new trend. |
17.84
+0.09 (+0.51%)