NYSE:CTO - New York Stock Exchange, Inc. - US22948Q1013 - REIT - Currency: USD
We assign a technical rating of 0 out of 10 to CTO. CTO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
CTO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 17.23, a Stop Loss order could be placed below this zone.
16.69
We found 1 important support area.
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 | 18.01 | NEGATIVE | CTO has a low relative strength, it was outperformed by 81.99% off all stocks 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) | 40.92 | 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) | 39.18 | NEUTRAL | The Stochastics value for CTO is a neutral value. |
Average True Range in percent/ATR (20) | 2.21 | MEDIUM VOLATILITY | The ATR as a percentage value for CTO suggests some volalility. |
Average Directional Index/ADX (14) | 19.24 | NEGATIVE | The low ADX value for CTO suggests a weak or negative trend. |
17.24
-0.12 (-0.69%)