CTO REALTY GROWTH INC (CTO) Technical Analysis
NYSE:CTO • US22948Q1013
Taking everything into account, CTO scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CTO is only an average performer.
- In the last month CTO has a been trading in the 18.36 - 20.25 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- CTO is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CTO is performing more or less in line with the market.
- When comparing the performance of all stocks over the past year, CTO turns out to be only a medium performer in the overall market: it outperformed 54% of all stocks.
- CTO is part of the Diversified REITs industry. There are 123 other stocks in this industry, CTO did better than 50% of them.
Although CTO has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
16.92
When analyzing the support we can see 4 important areas.
- A support zone ranging from 18.66 to 18.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @18.25 from a trend line in the daily time frame.
- A support zone ranging from 17.39 to 17.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @17.09 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 19.91 to 20.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for CTO is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CTO is neutral. |
| ChartMill Relative Strength | 54.16 | NEUTRAL | CTO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CTO is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CTO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CTO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.65 | NEUTRAL | The RSI value for CTO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests CTO has a negative trend. |
| Stochastics (14,3) | 25.47 | NEUTRAL | The Stochastics value for CTO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.39 | MEDIUM VOLATILITY | The ATR as a percentage value for CTO suggests some volalility. |
| Average Directional Index/ADX (14) | 26.08 | POSITIVE | The high ADX value value for CTO suggests a strong trend. |
CTO Technicals: Chart, Performance Metrics, Trend & Indicators
18.88
-0.32 (-1.67%)
CTO REALTY GROWTH INC / CTO FAQ
What is the ChartMill technical rating of CTO REALTY GROWTH INC (CTO) stock?
ChartMill assigns a technical rating of 7 / 10 to CTO.
What is the trend direction for CTO stock?
The current trend direction for CTO REALTY GROWTH INC (CTO) is Bullish.
What is the RSI signal for CTO stock?
CTO REALTY GROWTH INC (CTO) has an RSI value of 44.6471. This indicates that the stock is currently neutral.
What is the short term momentum for CTO stock?
The short term momentum for CTO REALTY GROWTH INC (CTO) is neutral.
What are the support and resistance levels for CTO REALTY GROWTH INC (CTO) stock?
CTO REALTY GROWTH INC (CTO) has a support level at 18.71 and a resistance level at 19.91. Check the full technical report for our detailed analysis of CTO support and resistance levels.