CATCHMARK TIMBER TRUST INC-A (CTT) Stock Technical Analysis
NYSE:CTT - New York Stock Exchange, Inc. - US14912Y2028 - REIT - Currency: USD
Overall CTT gets a technical rating of 5 out of 10. In the last year, CTT was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
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 long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
CTT is part of the Diversified REITs industry. There are 129 other stocks in this industry. CTT outperforms 90% 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.
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.
More info and screens
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.
We can see 4 important resistance areas.
- 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.
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 CTT is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CTT is neutral. |
| ChartMill Relative Strength | 72.34 | POSITIVE | CTT has a high relative strength, it outperformed 72.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CTT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CTT is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CTT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.78 | NEUTRAL | The RSI value for CTT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests CTT has a negative trend. |
| Stochastics (14,3) | 35.89 | NEUTRAL | The Stochastics value for CTT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.55 | MEDIUM VOLATILITY | The ATR as a percentage value for CTT suggests some volalility. |
| Average Directional Index/ADX (14) | 13.93 | NEGATIVE | The low ADX value for CTT suggests a weak or negative trend. |
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)
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