CHOICE HOTELS INTL INC (CHH) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CHH - US1699051066 - Common Stock
Overall CHH gets a technical rating of 2 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. CHH was also a bad performer in the overall market in the last year.
The technical rating of CHH is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
95.99
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 96.97 to 97.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @118.71 from a trend line in the weekly time frame.
- Resistance @134.00 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for CHH is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CHH is up. |
| ChartMill Relative Strength | 14.35 | NEGATIVE | CHH has a low relative strength, it was outperformed by 85.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CHH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CHH is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CHH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.06 | NEUTRAL | The RSI value for CHH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.36 | POSITIVE | The MACD value suggests CHH has a positive trend. |
| Stochastics (14,3) | 94.68 | OVERBOUGHT | The high Stochastics value suggests CHH may be overbought. |
| Average True Range in percent/ATR (20) | 2.99 | MEDIUM VOLATILITY | The ATR as a percentage value for CHH suggests some volalility. |
| Average Directional Index/ADX (14) | 19.45 | NEGATIVE | The low ADX value for CHH suggests a weak or negative trend. |
96.96
+1.99 (+2.1%)
CHOICE HOTELS INTL INC / CHH FAQ
Can you provide the ChartMill technical rating for CHOICE HOTELS INTL INC?
ChartMill assigns a technical rating of 2 / 10 to CHH.
What is the trend direction for CHH stock?
The current trend direction for CHOICE HOTELS INTL INC (CHH) is Bearish.
What is the RSI signal for CHH stock?
CHOICE HOTELS INTL INC (CHH) has an RSI value of 61.0614. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CHOICE HOTELS INTL INC?
The MACD indicator for CHOICE HOTELS INTL INC (CHH) has a value of 1.35828, indicating a bullish trend.
Can you provide the support and resistance levels for CHOICE HOTELS INTL INC?
CHOICE HOTELS INTL INC (CHH) has a resistance level at 96.97. Check the full technical report for our detailed analysis of CHH support and resistance levels.