CB MLP & MS TOT RET FUND INC (CTR) Technical Analysis
NYSE:CTR • US18469Q2075
Current stock price
CTR Technical Rating and Analysis
Overall CTR gets a technical rating of 5 out of 10. In the last year, CTR was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- Warning: CTR has an average volume of 10248 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- CTR 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 CTR is performing more or less in line with the market.
- In the last month CTR has a been trading in the 38.59 - 41.28 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, CTR turns out to be only a medium performer in the overall market: it outperformed 60% of all stocks.
- Considerably lower volume is observed in the last couple of days.
CTR Weekly and Daily overview Charts
CTR Setup Rating and Analysis
CTR has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 40.11, a Stop Loss order could be placed below this zone.
More info and screens
CTR Support and Resistance Analysis
35.60
We found 3 important support areas.
- A support zone ranging from 39.80 to 40.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 38.20 to 38.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 35.96 to 36.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 40.36 to 40.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
CTR Technical Indicator Signal Analysis
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 CTR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CTR is up. |
| ChartMill Relative Strength | 60.71 | NEUTRAL | CTR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CTR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CTR is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CTR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.07 | NEUTRAL | The RSI value for CTR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests CTR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 47.11 | NEUTRAL | The Stochastics value for CTR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.51 | LOW VOLATILITY | The low ATR as a percentage value for CTR suggests low volalility. |
| Average Directional Index/ADX (14) | 17.68 | NEGATIVE | The low ADX value for CTR suggests a weak or negative trend. |
CTR Chart- and CandleStick Pattern Analysis
CTR Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:CTR (9/6/2024, 8:07:10 PM)
40.25
-0.02 (-0.05%)
CB MLP & MS TOT RET FUND INC / CTR TA FAQ
What is the technical rating for CTR stock?
ChartMill assigns a technical rating of 5 / 10 to CTR.
What is the trend direction for CTR stock?
The current trend direction for CB MLP & MS TOT RET FUND INC (CTR) is Bullish.
What is the RSI signal for CTR stock?
CB MLP & MS TOT RET FUND INC (CTR) has an RSI value of 51.0737. This indicates that the stock is currently neutral.
What is the MACD signal for CB MLP & MS TOT RET FUND INC (CTR) stock?
The MACD indicator for CB MLP & MS TOT RET FUND INC (CTR) has a value of 0.0509358, indicating a bearish trend.
What is the buy/sell signal for CTR stock?
The buy/sell signal for CB MLP & MS TOT RET FUND INC (CTR) is buy as both the short term and long term trends are positive.