Londinia Opportunities Analyses - 05/15/2024 (GMT) CUBESMART - 1H

- USD (-)

- 15 min delayed data - NYSE Stocks

Type:	Stocks
Ticker:	CUBE
ISIN:

Londinia

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.

U.S. Stocks
Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

78%

22%

My opinion

Bullish above 42.67 USD

My targets

44.41 USD (+3.02%)

45.15 USD (+4.73%)

My analysis

The bullish trend is currently very strong on CUBESMART. As long as the price remains above the support at 42.67 USD, you could try to benefit from the boom. The first bullish objective is located at 44.41 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 45.15 USD as an objective. Crossing it would then enable buyers to target 46.41 USD. 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.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.6

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

Additional analysis

Quotes

CUBESMART rating 43.11 USD. The price registered an increase of +1.32% on the session and was between 42.74 USD and 43.32 USD. This implies that the price is at +0.87% from its lowest and at -0.48% from its highest.

42.74

43.32

43.11

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Opening Gap UP

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by CUBESMART:

The Central Records scanner for higher/lower results shows an item:

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of CUBESMART indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 14 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

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

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Near resistance of channel

Type : Bearish

Timeframe : 1 hour

Near resistance of triangle

Type : Bearish

Timeframe : 1 hour

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Bullish harami

Type : Bullish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	41.23	41.81	42.67	43.11	43.27	44.41	45.15
Change (%)	-4.36%	-3.02%	-1.02%	-	+0.37%	+3.02%	+4.73%
Change	-1.88	-1.30	-0.44	-	+0.16	+1.30	+2.04
Level	Minor	Minor	Major	-	Intermediate	Minor	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	41.59	42.02	42.28	42.71	42.97	43.40	43.66
Camarilla	42.36	42.42	42.49	42.55	42.61	42.68	42.74
Woodie	41.52	41.98	42.21	42.67	42.90	43.36	43.59
Fibonacci	42.02	42.28	42.44	42.71	42.97	43.13	43.40

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	40.12	40.68	41.68	42.24	43.24	43.80	44.80
Camarilla	42.26	42.40	42.55	42.69	42.83	42.98	43.12
Woodie	40.35	40.79	41.91	42.35	43.47	43.91	45.03
Fibonacci	40.68	41.27	41.64	42.24	42.83	43.20	43.80

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	32.19	36.30	38.37	42.48	44.55	48.66	50.73
Camarilla	38.74	39.31	39.87	40.44	41.01	41.57	42.14
Woodie	31.17	35.79	37.35	41.97	43.53	48.15	49.71
Fibonacci	36.30	38.66	40.12	42.48	44.84	46.30	48.66

Numerical data

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

Technical indicators

Moving averages

RSI (14):	60.06
MACD (12,26,9):	0.2200
Directional Movement:	14.83
AROON (14):	57.15
DEMA (21):	43.06
Parabolic SAR (0,02-0,02-0,2):	42.66
Elder Ray (13):	0.22
Super Trend (3,10):	42.25
Zig ZAG (10):	43.14
VORTEX (21):	0.9700
Stochastique (14,3,5):	82.03
TEMA (21):	43.10
Williams %R (14):	-18.63
Chande Momentum Oscillator (20):	0.22
Repulse (5,40,3):	-0.0600
ROCnROLL:	1
TRIX (15,9):	0.0600
Courbe Coppock:	2.05

MA7:	42.44
MA20:	41.84
MA50:	43.10
MA100:	43.60
MAexp7:	43.00
MAexp20:	42.78
MAexp50:	42.43
MAexp100:	42.26
Price / MA7:	+1.58%
Price / MA20:	+3.04%
Price / MA50:	+0.02%
Price / MA100:	-1.12%
Price / MAexp7:	+0.26%
Price / MAexp20:	+0.77%
Price / MAexp50:	+1.60%
Price / MAexp100:	+2.01%

Quotes : - 15 min delayed data - Actions NYSE

News

Don't forget to follow the news on CUBESMART. At the time of publication of this analysis, the latest news was as follows: