CTO REALTY GROWTH INC (CTO) Stock Technical Analysis
NYSE:CTO • US22948Q1013
Overall CTO gets a technical rating of 8 out of 10. 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.
- The long and short term trends are both positive. This is looking good!
- A new 52 week high is currently being made by CTO, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month CTO has a been trading in the 17.26 - 20.20 range, which is quite wide. It is currently trading near the high of this range.
- When compared to the yearly performance of all other stocks, CTO outperforms 59% of them, which is more or less in line with the market.
- CTO is part of the Diversified REITs industry. There are 123 other stocks in this industry, CTO did better than 62% of them.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although CTO has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
16.92
3 important support areas can be observed.
- A support zone ranging from 18.23 to 18.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 17.39 to 17.85. 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.
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 | UP | POSITIVE | The short term trend for CTO is up. |
| ChartMill Relative Strength | 59.65 | NEUTRAL | CTO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CTO is above 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) | 74.01 | OVERBOUGHT | The high RSI value suggests CTO may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests CTO has a positive trend. |
| Stochastics (14,3) | 92.81 | OVERBOUGHT | The high Stochastics value suggests CTO may be overbought. |
| Average True Range in percent/ATR (20) | 1.97 | LOW VOLATILITY | The low ATR as a percentage value for CTO suggests low volalility. |
| Average Directional Index/ADX (14) | 24.19 | NEUTRAL | The ADX value for CTO suggests a possible start of a new trend. |
19.91
+0.72 (+3.75%)
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 8 / 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 74.0081. This indicates that the stock is currently overbought.
What is the short term momentum for CTO stock?
The short term momentum for CTO REALTY GROWTH INC (CTO) is positive.
What are the support and resistance levels for CTO REALTY GROWTH INC (CTO) stock?
CTO REALTY GROWTH INC (CTO) has a support level at 18.37. Check the full technical report for our detailed analysis of CTO support and resistance levels.