RLJ LODGING TRUST - Daily - Technical analysis published on 10/13/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Neutral
Technical indicators
44%
22%
33%
My opinion
Neutral between 16.70 USD and 17.16 USD
My targets
-
My analysis
There is no basic trend on RLJ LODGING TRUST and in the short term, there are still few buyers. It is difficult to advise a trading direction under these conditions. The nearest resistance is located at 17.16 USD. The nearest support is located at 16.70 USD. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.
In the very short term, the neutral opinion of this analysis is confirmed by technical indicators which are also neutral.
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The RLJ LODGING TRUST price is 16.75 USD. The price has increased by +1.15% since the last closing with the lowest point at 16.70 USD and the highest point at 16.97 USD. The deviation from the price is +0.30% for the low point and -1.30% for the high point.16.70
16.97
16.75
The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in Daily of this RLJ LODGING TRUST chart shows a neutral trend. This indecision could turn into a bullish trend due to the slightly bullish signals currently given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, of the 18 technical indicators analysed by Central Analyzer, 8 are bullish, 6 are neutral and 4 are bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : Daily
MACD indicator is back under 0
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish harami
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 15.78 | 16.20 | 16.70 | 16.75 | 17.16 | 17.51 | 17.94 |
| Change (%) | -5.79% | -3.28% | -0.30% | - | +2.45% | +4.54% | +7.10% |
| Change | -0.97 | -0.55 | -0.05 | - | +0.41 | +0.76 | +1.19 |
| Level | Intermediate | Major | Major | - | Intermediate | Intermediate | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 16.27 | 16.37 | 16.47 | 16.57 | 16.66 | 16.76 | 16.86 |
| Camarilla | 16.51 | 16.52 | 16.54 | 16.56 | 16.58 | 16.60 | 16.61 |
| Woodie | 16.27 | 16.37 | 16.46 | 16.57 | 16.66 | 16.76 | 16.85 |
| Fibonacci | 16.37 | 16.45 | 16.49 | 16.57 | 16.64 | 16.69 | 16.76 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 15.47 | 15.92 | 16.30 | 16.75 | 17.13 | 17.58 | 17.96 |
| Camarilla | 16.44 | 16.52 | 16.59 | 16.67 | 16.75 | 16.82 | 16.90 |
| Woodie | 15.43 | 15.90 | 16.26 | 16.73 | 17.09 | 17.56 | 17.92 |
| Fibonacci | 15.92 | 16.24 | 16.44 | 16.75 | 17.07 | 17.27 | 17.58 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14.25 | 14.97 | 15.98 | 16.69 | 17.71 | 18.42 | 19.43 |
| Camarilla | 16.52 | 16.67 | 16.83 | 16.99 | 17.15 | 17.31 | 17.47 |
| Woodie | 14.40 | 15.04 | 16.13 | 16.77 | 17.85 | 18.49 | 19.58 |
| Fibonacci | 14.97 | 15.63 | 16.04 | 16.69 | 17.35 | 17.76 | 18.42 |
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): | 52.01 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 1.66 | |
| AROON (14): | -35.71 | |
| DEMA (21): | 16.73 | |
| Parabolic SAR (0,02-0,02-0,2): | 17.01 | |
| Elder Ray (13): | 0.15 | |
| Super Trend (3,10): | 16.28 | |
| Zig ZAG (10): | 16.75 | |
| VORTEX (21): | 0.9700 | |
| Stochastique (14,3,5): | 25.70 | |
| TEMA (21): | 16.68 | |
| Williams %R (14): | -55.42 | |
| Chande Momentum Oscillator (20): | -0.32 | |
| Repulse (5,40,3): | -0.9500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0600 | |
| Courbe Coppock: | 4.62 |
| MA7: | 16.61 | |
| MA20: | 16.84 | |
| MA50: | 16.43 | |
| MA100: | 16.81 | |
| MAexp7: | 16.65 | |
| MAexp20: | 16.70 | |
| MAexp50: | 16.68 | |
| MAexp100: | 16.82 | |
| Price / MA7: | +0.84% | |
| Price / MA20: | -0.53% | |
| Price / MA50: | +1.95% | |
| Price / MA100: | -0.36% | |
| Price / MAexp7: | +0.60% | |
| Price / MAexp20: | +0.30% | |
| Price / MAexp50: | +0.42% | |
| Price / MAexp100: | -0.42% |
News
The latest news and videos published on RLJ LODGING TRUST at the time of the analysis were as follows:
- RLJ Lodging Trust Sets Dates for Third Quarter 2019 Earnings Release and Conference Call
- RLJ Lodging Trust Announces Dividends for Third Quarter of 2019
- RLJ Lodging Trust Reports First Quarter 2019 Results
- Detailed Research: Economic Perspectives on Menlo Therapeutics, Potbelly, Maximus, Veeva, RLJ Lodging Trust, and Net Element — What Drives Growth in Today's Competitive Landscape
- RLJ Lodging Trust to Host Earnings Call
This member declared not having a position on this financial instrument or a related financial instrument.
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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