Strong Growth Stock Technical Setups. Analyze technical breakout patterns in stocks which are growing strongly while having decent profitability and health.
US Only
Above 10, Above 20
50 SMA > 500K
CARETRUST REIT INC
New York Stock Exchange, Inc. / Real Estate / Diversified REITs
Technical Analysis
Fundamental Analysis
Analyst Ratings, Profile & Chart
We assign a technical rating of 7 out of 10 to CTRE. In the past year, CTRE was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Looking at the yearly performance, CTRE did better than 88% of all other stocks.
CTRE is one of the better performing stocks in the Diversified REITs industry, it outperforms 86% of 130 stocks in the same industry.
In the last month CTRE has a been trading in the 25.82 - 29.49 range, which is quite wide. It is currently trading near the high of this range.
CTRE has an average volume of 1972980 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CTRE is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
CTRE has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 28.31, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
24.65
29.42
When analyzing the support we can see 4 important areas.
- A support zone ranging from 27.88 to 28.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 27.13 to 27.31. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @25.67 from a trend line in the weekly time frame.
- A support zone ranging from 24.90 to 24.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @28.57 from a trend line in the daily time frame.
- Resistance @29.13 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.11
Mansfield0.98
10 Day High29.01
10 Day Low25.82
20 Day High29.49
20 Day Low25.82
52 Week High33.15
52 Week Low24.35
Performance
1 Week0.99%
2 Weeks6.69%
1 Month-1.62%
3 Month6.02%
6 Month-7.76%
12 Month17.36%
2 Year46.38%
3 Year76%
5 Year73.12%
10 Year128.42%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)55.43
LBB26.69
UBB29.38
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 28.58 | 27.87 | 0.71 (2.48%) | 25.00% |
| An entry @28.58. This is a Buy Stop order right above the resistance zone. | An exit @27.87. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.71 points, which is 2.48%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.62%. |
- The distance between exit and entry is rather small compared to the average daily movement of CTRE. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.