RLJ LODGING TRUST (RLJ) Stock Technical Analysis
NYSE:RLJ - US74965L1017 - REIT
7.7 USD
-0.01 (-0.13%)
7.7 USD
0 (0%)
Taking everything into account, RLJ scores 4 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.
When comparing the yearly performance of all stocks, RLJ is a bad performer in the overall market: 81% of all stocks are doing better.
RLJ is part of the Diversified REITs industry. There are 129 other stocks in this industry, of which 69% are performing better than RLJ.
In the last month RLJ has a been trading in the 6.88 - 7.85 range, which is quite wide. It is currently trading near the high of this range.
RLJ has an average volume of 1866550 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 is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RLJ is lagging the market.
RLJ has an average technical rating and the quality of the presented setup is also not ideal 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
6.69
9.69
We found 3 important support areas.
- A support zone ranging from 7.40 to 7.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 6.94 to 7.06. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 6.76 to 6.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 7.85 to 7.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @8.71 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 | 19.17 | NEGATIVE | RLJ has a low relative strength, it was outperformed by 80.83% 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) | 56.58 | NEUTRAL | The RSI value for RLJ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests RLJ has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.56 | OVERBOUGHT | The high Stochastics value suggests RLJ may be overbought. |
| Average True Range in percent/ATR (20) | 2.79 | MEDIUM VOLATILITY | The ATR as a percentage value for RLJ suggests some volalility. |
| Average Directional Index/ADX (14) | 16.6 | 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)
7.7
-0.01 (-0.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-0.13%
1 Week-0.26%
2 Weeks7.69%
1 Month6.65%
3 Month5.48%
6 Month-16.85%
12 Month-18.95%
2 Year-22.92%
3 Year-36.15%
5 Year-18.43%
10 Year-72.04%
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%2.79%
ATR Inc-32.1%
Range Today0.13
ADR(20)0.21
ADR(20)%2.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.17
Mansfield-1.82
10 Day High7.85
10 Day Low7.13
20 Day High7.85
20 Day Low6.88
52 Week High10.84
52 Week Low6.16
CS1 End7.56
CR1 Start7.85
Volume & EV
DER(3)4.31%
DER(5)2.63%
Volume1.75M
Volume Incr2.2%
Vol(5)2.32M
Vol(50)1.87M