CATCHMARK TIMBER TRUST INC-A (CTT) Technical Analysis
NYSE:CTT • US14912Y2028
Current stock price
CTT Technical Rating and Analysis
Taking everything into account, CTT scores 5 out of 10 in our technical rating. 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 short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- CTT is one of the better performing stocks in the Diversified REITs industry, it outperforms 77% of 123 stocks in the same industry.
- 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 trading in the upper part of its 52 week range, so CTT is lagging the market slightly.
- Volume is considerably higher in the last couple of days.
CTT Weekly and Daily overview Charts
CTT Setup Rating and Analysis
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
CTT Support and Resistance Analysis
7.58
We found 4 important support 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.
When analyzing the resistance we notice 4 important 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.
CTT 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 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. |
CTT Chart- and CandleStick Pattern Analysis
CTT Technicals: Chart, Performance Metrics, Trend & Indicators
10.37
-0.15 (-1.43%)
CATCHMARK TIMBER TRUST INC-A / CTT TA FAQ
Can you provide the ChartMill technical rating for CATCHMARK TIMBER TRUST INC-A?
ChartMill assigns a technical rating of 5 / 10 to CTT.
Can you provide the trend direction for CATCHMARK TIMBER TRUST INC-A?
The current trend direction for CATCHMARK TIMBER TRUST INC-A (CTT) is Bullish.
Can you provide the RSI signal for CATCHMARK TIMBER TRUST INC-A?
CATCHMARK TIMBER TRUST INC-A (CTT) has an RSI value of 41.7805. This indicates that the stock is currently neutral.
Can you provide the short term momentum for CATCHMARK TIMBER TRUST INC-A?
The short term momentum for CATCHMARK TIMBER TRUST INC-A (CTT) is neutral.
What is the support and resistance level for CTT stock?
CATCHMARK TIMBER TRUST INC-A (CTT) has a support level at 10.36 and a resistance level at 10.68. Check the full technical report for our detailed analysis of CTT support and resistance levels.