CTO REALTY GROWTH INC (CTO) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CTO - US22948Q1013 - REIT
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.
- Both the short term and long term trends are positive. This is a very positive sign.
- In the last month CTO has a been trading in the 17.59 - 18.71 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- 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 126 other stocks in this industry, CTO did better than 61% of them.
- CTO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CTO is lagging the market.
CTO has an excellent technical rating and also presents 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 18.43, a Stop Loss order could be placed below this zone.
More info and screens
17.49
We found 1 important support area.
- A support zone ranging from 17.67 to 18.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @18.92 from a horizontal line in the daily time frame.
- Resistance @20.07 from a horizontal line in the weekly time frame.
- Resistance @20.54 from a horizontal line in the weekly 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 | 54.25 | 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) | DOWN | MIXED | The current price of CTO is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.51 | NEUTRAL | The RSI value for CTO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests CTO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 47.77 | NEUTRAL | The Stochastics value for CTO is a neutral value. |
| Average True Range in percent/ATR (20) | 1.8 | LOW VOLATILITY | The low ATR as a percentage value for CTO suggests low volalility. |
| Average Directional Index/ADX (14) | 21.78 | NEUTRAL | The ADX value for CTO suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 18.93 | 17.96 | 0.97 (5.12%) | 19.52% |
| An entry @18.93. This is a Buy Stop order right above the resistance zone. | An exit @17.96. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.97 points, which is 5.12%. | For a 1.00% total portfolio risk, you can invest 19.52% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
18.45
+0.21 (+1.15%)
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 57.5051. 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 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 18.43 and a resistance level at 18.92. Check the full technical report for our detailed analysis of CTO support and resistance levels.