CUBESMART (CUBE) Stock Technical Analysis
NYSE:CUBE • US2296631094
Taking everything into account, CUBE scores 8 out of 10 in our technical rating. Although CUBE is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The long and short term trends are both positive. This is looking good!
- In the last month CUBE has a been trading in the 37.00 - 41.66 range, which is quite wide. It is currently trading near the high of this range.
- CUBE has an average volume of 2447130 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, CUBE turns out to be only a medium performer in the overall market: it outperformed 53% of all stocks.
- CUBE is an average performer in the Specialized REITs industry, it outperforms 55% of 28 stocks in the same industry.
- CUBE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CUBE is lagging the market.
CUBE has an excellent technical rating, but the quality of the setup is only medium 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
35.00
3 important support areas can be observed.
- A support zone ranging from 40.83 to 41.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 37.78 to 38.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 35.35 to 35.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @41.74 from a horizontal line in the daily time frame.
- A resistance zone ranging from 42.95 to 43.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 CUBE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CUBE is up. |
| ChartMill Relative Strength | 53.68 | NEUTRAL | CUBE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CUBE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CUBE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CUBE is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 69.33 | NEUTRAL | The RSI value for CUBE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests CUBE has a positive trend. |
| Stochastics (14,3) | 84.24 | OVERBOUGHT | The high Stochastics value suggests CUBE may be overbought. |
| Average True Range in percent/ATR (20) | 2.34 | MEDIUM VOLATILITY | The ATR as a percentage value for CUBE suggests some volalility. |
| Average Directional Index/ADX (14) | 20.28 | NEUTRAL | The ADX value for CUBE suggests a possible start of a new trend. |
41.14
+0.93 (+2.31%)
CUBESMART / CUBE FAQ
Can you provide the ChartMill technical rating for CUBESMART?
ChartMill assigns a technical rating of 8 / 10 to CUBE.
What is the current trend direction of CUBESMART (CUBE) stock?
The current trend direction for CUBESMART (CUBE) is Bullish.
Can you provide the RSI signal for CUBESMART?
CUBESMART (CUBE) has an RSI value of 69.3304. This indicates that the stock is currently neutral.
What is the short term momentum for CUBE stock?
The short term momentum for CUBESMART (CUBE) is positive.
What are the support and resistance levels for CUBESMART (CUBE) stock?
CUBESMART (CUBE) has a support level at 41.1 and a resistance level at 41.74. Check the full technical report for our detailed analysis of CUBE support and resistance levels.