CUBESMART (CUBE) Stock Technical Analysis
NYSE:CUBE - New York Stock Exchange, Inc. - US2296631094 - REIT - Currency: USD
We assign a technical rating of 7 out of 10 to CUBE. In the last year, CUBE was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month CUBE has a been trading in the 40.68 - 44.13 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
CUBE has an average volume of 1874290 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 43% of all stocks.
CUBE is part of the Specialized REITs industry. There are 30 other stocks in this industry, CUBE did better than 41% of them.
CUBE 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 CUBE is lagging the market slightly.
CUBE has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 42.96, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
37.31
44.13
When analyzing the support we can see 3 important areas.
- A support zone ranging from 42.19 to 42.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 41.20 to 41.26. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 37.69 to 38.14. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 43.10 to 43.69. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 43.09 | 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 | NEGATIVE | The current price of CUBE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.77 | NEUTRAL | The RSI value for CUBE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CUBE has a negative trend. |
| Stochastics (14,3) | 72 | NEUTRAL | The Stochastics value for CUBE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.88 | LOW VOLATILITY | The low ATR as a percentage value for CUBE suggests low volalility. |
| Average Directional Index/ADX (14) | 23.54 | NEUTRAL | The ADX value for CUBE suggests a possible start of a new 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 43.70 | 42.20 | 1.50 (3.44%) | 25.00% |
| An entry @43.70. This is a Buy Stop order right above the resistance zone. | An exit @42.20. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.50 points, which is 3.44%. | For a 0.86% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
43
-0.36 (-0.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustrySpecialized REITs
Performance
% Chg-0.83%
1 Week-0.62%
2 Weeks0.56%
1 Month0.77%
3 Month3.19%
6 Month-7.07%
12 Month-2.78%
2 Year-3.72%
3 Year0.66%
5 Year59.32%
10 Year85.66%
15 YearN/A
Volatility
ATR(14)0.74
ATR(20)%1.88%
ATR Inc-18.57%
Range Today0.54
ADR(20)0.76
ADR(20)%1.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.09
Mansfield-0.92
10 Day High44.13
10 Day Low42.21
20 Day High44.13
20 Day Low40.68
52 Week High55.14
52 Week Low34.24
CS1 End42.96
CR1 Start43.1
Volume & EV
DER(3)-1%
DER(5)-0.49%
Volume1.24M
Volume Incr-25.7%
Vol(5)1.34M
Vol(50)1.87M