CHATHAM LODGING TRUST REIT
CHATHAM LODGING TRUST REIT
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- 15 min delayed data - NYSE Stocks
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Type: Stocks
Ticker: CLDT
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CHATHAM LODGING TRUST REIT - Daily - Technical analysis published on 02/17/2020 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Court terme: Neutral
De fond: Bearish
Technical indicators
67%
0%
33%
My opinion
Bearish under 18.49 USD
My targets
16.82 USD (-2.77%)
16.34 USD (-5.55%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on CHATHAM LODGING TRUST REIT. As long as you are under the resistance located at 18.49 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 16.82 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 16.34 USD as an objective. Crossing it would then enable sellers to target 12.89 USD. If the resistance 18.49 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.

Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
FORCE
0
10
0.7

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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

CHATHAM LODGING TRUST REIT rating 17.30 USD. The price registered an increase of +0.23% on the session and was traded between 17.22 USD and 17.49 USD over the period. The price is currently at +0.46% from its lowest and -1.09% from its highest.

17.22
17.49
17.30

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of CHATHAM LODGING TRUST REIT in Daily shows an overall bearish trend. The signals given by moving averages are 71.43% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The technical indicators are bullish. There is still some doubt about the price increase.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 12.89 16.34 16.82 17.30 17.35 18.49 18.84
Change (%) -25.49% -5.55% -2.77% - +0.29% +6.88% +8.90%
Change -4.41 -0.96 -0.48 - +0.05 +1.19 +1.54
Level Minor Major Major - Major Major Minor



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard16.9617.0817.1717.3017.3917.5117.60
Camarilla17.2017.2217.2417.2617.2817.3017.32
Woodie16.9417.0717.1517.2917.3717.5017.58
Fibonacci17.0817.1617.2117.3017.3817.4317.51


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard15.4015.8716.4616.9317.5217.9918.58
Camarilla16.7516.8516.9417.0417.1417.2317.33
Woodie15.4515.9016.5116.9617.5718.0218.63
Fibonacci15.8716.2816.5316.9317.3417.5917.99


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard13.4614.8115.5816.9317.7019.0419.81
Camarilla15.7715.9616.1616.3516.5416.7416.93
Woodie13.1814.6715.2916.7817.4118.9019.52
Fibonacci14.8115.6216.1216.9317.7318.2319.04

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 50.05
MACD (12,26,9): -0.1100
Directional Movement: -4.85
AROON (14): 71.43
DEMA (21): 17.05
Parabolic SAR (0,02-0,02-0,2): 16.51
Elder Ray (13): 0.18
Super Trend (3,10): 16.47
Zig ZAG (10): 17.30
VORTEX (21): 0.9100
Stochastique (14,3,5): 79.32
TEMA (21): 17.07
Williams %R (14): -14.23
Chande Momentum Oscillator (20): 0.59
Repulse (5,40,3): -0.7100
ROCnROLL: -1
TRIX (15,9): -0.1700
Courbe Coppock: 2.08
MA7: 17.22
MA20: 17.18
MA50: 17.64
MA100: 17.61
MAexp7: 17.20
MAexp20: 17.23
MAexp50: 17.44
MAexp100: 17.54
Price / MA7: +0.46%
Price / MA20: +0.70%
Price / MA50: -1.93%
Price / MA100: -1.76%
Price / MAexp7: +0.58%
Price / MAexp20: +0.41%
Price / MAexp50: -0.80%
Price / MAexp100: -1.37%

This member declared not having a position on this financial instrument or a related financial instrument.

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