RLJ LODGING TRUST (RLJ) Stock Technical Analysis
NYSE:RLJ - New York Stock Exchange, Inc. - US74965L1017 - REIT - Currency: USD
Taking everything into account, RLJ scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. RLJ was also a bad performer in the overall market in the last year.
84% of all other stocks performed better in the past year than RLJ.
RLJ is part of the Diversified REITs industry. There are 130 other stocks in this industry, of which 79% are performing better than RLJ.
RLJ is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month RLJ has a been trading in the 6.99 - 7.64 range, which is quite wide. It is currently trading near the high of this range.
RLJ has an average volume of 2103280 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
RLJ has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 7.31, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for RLJ in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
6.90
9.69
When analyzing the support we notice one important area.
- A support zone ranging from 6.97 to 7.31. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 7.52 to 7.60. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Resistance @7.73 from a horizontal line in the daily time frame.
- Resistance @8.24 from a trend line in the daily time frame.
- Resistance @9.11 from a trend line in the weekly time frame.
- Resistance @9.59 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The long term trend for RLJ is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RLJ is up. |
| ChartMill Relative Strength | 16.79 | NEGATIVE | RLJ has a low relative strength, it was outperformed by 83.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RLJ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RLJ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RLJ is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.97 | NEUTRAL | The RSI value for RLJ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests RLJ has a positive trend. |
| Stochastics (14,3) | 79.49 | NEUTRAL | The Stochastics value for RLJ is a neutral value. |
| Average True Range in percent/ATR (20) | 2.58 | MEDIUM VOLATILITY | The ATR as a percentage value for RLJ suggests some volalility. |
| Average Directional Index/ADX (14) | 10.13 | NEGATIVE | The low ADX value for RLJ 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)
7.5
-0.03 (-0.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-0.4%
1 Week4.31%
2 Weeks3.16%
1 Month2.74%
3 Month-6.48%
6 Month-26.11%
12 Month-22.12%
2 Year-26.97%
3 Year-32%
5 Year-20.55%
10 Year-74.82%
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%2.58%
ATR Inc9.88%
Range Today0.18
ADR(20)0.19
ADR(20)%2.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.79
Mansfield-2.13
10 Day High7.64
10 Day Low6.99
20 Day High7.64
20 Day Low6.99
52 Week High10.84
52 Week Low6.16
CS1 End7.31
CR1 Start7.52
Volume & EV
DER(3)7.24%
DER(5)7.43%
Volume1.94M
Volume Incr14.42%
Vol(5)1.93M
Vol(50)2.10M