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CATCHMARK TIMBER TRUST INC-A (CTT) Stock Technical Analysis

NYSE:CTT - New York Stock Exchange, Inc. - US14912Y2028 - REIT - Currency: USD

10.37  -0.15 (-1.43%)

After market: 10.45 +0.08 (+0.77%)

Technical Rating and Analysis

5

Overall CTT gets a technical rating of 5 out of 10. CTT has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.

In the last month CTT has a been trading in the 10.19 - 11.36 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
CTT is part of the Diversified REITs industry. There are 129 other stocks in this industry. CTT outperforms 92% of them.
Looking at the yearly performance, CTT did better than 72% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
CTT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CTT is lagging the market.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
CATCHMARK TIMBER TRUST INC-A / CTT Weekly stock chart
CATCHMARK TIMBER TRUST INC-A / CTT Daily stock chart
Setup Rating and Analysis

3

CTT has an average technical rating and it also 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.

Support and Resistance Analysis

7.58

12.08

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 10.36 to 10.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 8.11 to 8.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @7.85 from a horizontal line in the weekly time frame.
  • Support @7.66 from a horizontal line in the daily time frame.

4 important resistance areas can be observed.

  • A resistance zone ranging from 10.68 to 10.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 11.32 to 11.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @11.63 from a horizontal line in the weekly time frame.
  • Resistance @11.96 from a horizontal line in the weekly time frame.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for CTT is up.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for CTT is neutral.
ChartMill Relative Strength72.34POSITIVECTT has a high relative strength, it outperformed 72.34% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of CTT is below a declining SMA(20).
Simple Moving Average/SMA (50)UPMIXEDThe current price of CTT is below the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of CTT is above the rising SMA(200).
Relative Strength Index/RSI (14)41.78NEUTRALThe RSI value for CTT is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.03NEGATIVEThe MACD value suggests CTT has a negative trend.
Stochastics (14,3)35.89NEUTRALThe Stochastics value for CTT is a neutral value.
Average True Range in percent/ATR (20)2.55MEDIUM VOLATILITYThe ATR as a percentage value for CTT suggests some volalility.
Average Directional Index/ADX (14)13.93NEGATIVEThe low ADX value for CTT suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
CATCHMARK TIMBER TRUST INC-A / CTT Daily stock chart

CATCHMARK TIMBER TRUST INC-A

NYSE:CTT (9/14/2022, 8:20:00 PM)

After market: 10.45 +0.08 (+0.77%)

10.37

-0.15 (-1.43%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-1.43%
1 Week-3.45%
2 Weeks-1.33%
1 Month-8.23%
3 Month0.97%
6 Month26.46%
12 Month-11.74%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.28
ATR(20)%2.55%
ATR Inc100.45%
Range Today0.29
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.34
Mansfield2.12
10 Day High11.22
10 Day Low10.19
20 Day High11.36
20 Day Low10.19
52 Week High12.41
52 Week Low7.19
CS1 End10.36
CR1 Start10.68
Volume & EV
DER(3)0.24%
DER(5)1.65%
Volume1.93M
Volume Incr276.35%
Vol(5)923.72K
Vol(50)413.05K