CAMDEN PROPERTY TRUST - Daily - Technical analysis published on 10/31/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
39%
11%
50%
My opinion
Bullish above 111.92 USD
My targets
114.96 USD (+0.31%)
My analysis
The bullish trend is currently very strong on CAMDEN PROPERTY TRUST. As long as the price remains above the support at 111.92 USD, you could try to benefit from the boom. The first bullish objective is located at 114.96 USD. The bullish momentum would be boosted by a break in this resistance. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
FORCE
0
10
7
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This analysis was given by Bastien Huneau. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
CAMDEN PROPERTY TRUST rating 114.60 USD. The price has increased by +1.01% since the last closing with the lowest point at 113.18 USD and the highest point at 114.68 USD. The deviation from the price is +1.25% for the low point and -0.07% for the high point.113.18
114.68
114.60
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this CAMDEN PROPERTY TRUST chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 107.72 | 110.13 | 111.92 | 114.60 | 114.96 |
| Change (%) | -6.00% | -3.90% | -2.34% | - | +0.31% |
| Change | -6.88 | -4.47 | -2.68 | - | +0.36 |
| Level | Minor | Intermediate | Major | - | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 111.73 | 112.29 | 112.87 | 113.43 | 114.01 | 114.57 | 115.15 |
| Camarilla | 113.14 | 113.24 | 113.35 | 113.45 | 113.56 | 113.66 | 113.76 |
| Woodie | 111.74 | 112.30 | 112.88 | 113.44 | 114.02 | 114.58 | 115.16 |
| Fibonacci | 112.29 | 112.73 | 113.00 | 113.43 | 113.87 | 114.14 | 114.57 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 110.92 | 112.06 | 112.94 | 114.08 | 114.97 | 116.11 | 116.99 |
| Camarilla | 113.27 | 113.46 | 113.64 | 113.83 | 114.02 | 114.20 | 114.39 |
| Woodie | 110.79 | 111.99 | 112.82 | 114.02 | 114.84 | 116.04 | 116.87 |
| Fibonacci | 112.06 | 112.83 | 113.31 | 114.08 | 114.86 | 115.33 | 116.11 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 102.39 | 104.35 | 107.68 | 109.64 | 112.97 | 114.92 | 118.25 |
| Camarilla | 109.56 | 110.04 | 110.53 | 111.01 | 111.50 | 111.98 | 112.46 |
| Woodie | 103.08 | 104.69 | 108.37 | 109.98 | 113.65 | 115.27 | 118.94 |
| Fibonacci | 104.35 | 106.37 | 107.62 | 109.64 | 111.65 | 112.90 | 114.92 |
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): | 63.40 | |
| MACD (12,26,9): | 1.0200 | |
| Directional Movement: | 5.05 | |
| AROON (14): | 28.57 | |
| DEMA (21): | 114.66 | |
| Parabolic SAR (0,02-0,02-0,2): | 112.85 | |
| Elder Ray (13): | 0.24 | |
| Super Trend (3,10): | 110.55 | |
| Zig ZAG (10): | 114.60 | |
| VORTEX (21): | 1.1200 | |
| Stochastique (14,3,5): | 65.56 | |
| TEMA (21): | 114.53 | |
| Williams %R (14): | -14.76 | |
| Chande Momentum Oscillator (20): | 1.89 | |
| Repulse (5,40,3): | 1.2200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1600 | |
| Courbe Coppock: | 2.58 |
| MA7: | 114.01 | |
| MA20: | 113.48 | |
| MA50: | 110.68 | |
| MA100: | 107.97 | |
| MAexp7: | 113.96 | |
| MAexp20: | 113.20 | |
| MAexp50: | 111.00 | |
| MAexp100: | 108.12 | |
| Price / MA7: | +0.52% | |
| Price / MA20: | +0.99% | |
| Price / MA50: | +3.54% | |
| Price / MA100: | +6.14% | |
| Price / MAexp7: | +0.56% | |
| Price / MAexp20: | +1.24% | |
| Price / MAexp50: | +3.24% | |
| Price / MAexp100: | +5.99% |
News
Don"t forget to follow the news on CAMDEN PROPERTY TRUST. At the time of publication of this analysis, the latest news was as follows:
- Camden Property Trust Announces Third Quarter 2019 Earnings Release and Conference Call Dates
- Camden Property Trust Prices $300 Million 3.350% Senior Unsecured Notes Due 2049
- Camden Property Trust Announces Third Quarter 2019 Dividend
- Camden Property Trust Announces Participation in Bank of America Merrill Lynch 2019 Global Real Estate Conference
- Camden Property Trust Announces Second Quarter 2019 Dividend
This member declared not having a position on this financial instrument or a related financial instrument.
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