CUBESMART (CUBE) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:CUBE • US2296631094
Taking everything into account, CUBE scores 4 out of 10 in our technical rating. In the past year, CUBE was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, CUBE is a bad performer in the overall market: 73% of all stocks are doing better.
- CUBE is part of the Specialized REITs industry. There are 30 other stocks in this industry, of which 72% are performing better than CUBE.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- CUBE has an average volume of 2192460 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- 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.
- In the last month CUBE has a been trading in the 36.91 - 39.78 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CUBE has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 38.82. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 38.17, a Stop Loss order could be placed below this zone.
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35.00
When analyzing the support we can see 2 important areas.
- A support zone ranging from 37.04 to 38.17. 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 3 important areas.
- A resistance zone ranging from 38.82 to 39.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 41.04 to 41.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | NEUTRAL | NEUTRAL | The long term trend for CUBE is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CUBE is up. |
| ChartMill Relative Strength | 27.89 | NEGATIVE | CUBE has a low relative strength, it was outperformed by 72.11% off all stocks 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 | NEGATIVE | The current price of CUBE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.93 | NEUTRAL | The RSI value for CUBE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CUBE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 60.86 | NEUTRAL | The Stochastics value for CUBE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.16 | MEDIUM VOLATILITY | The ATR as a percentage value for CUBE suggests some volalility. |
| Average Directional Index/ADX (14) | 19.19 | NEGATIVE | The low ADX value for CUBE suggests a weak or negative trend. |
38.39
+0.03 (+0.08%)
CUBESMART / CUBE FAQ
Can you provide the ChartMill technical rating for CUBESMART?
ChartMill assigns a technical rating of 4 / 10 to CUBE.
What is the current trend direction of CUBESMART (CUBE) stock?
The current trend direction for CUBESMART (CUBE) is Bearish.
Can you provide the RSI signal for CUBESMART?
CUBESMART (CUBE) has an RSI value of 55.9304. 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 38.17 and a resistance level at 38.82. Check the full technical report for our detailed analysis of CUBE support and resistance levels.