Colony Northstar Credit Real Estate Inc Class (CLNC) Stock Technical Analysis
NYSE:CLNC - New York Stock Exchange, Inc. -
Overall CLNC gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CLNC is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
CLNC is one of the better performing stocks in the Mortgage Real Estate Investment Trusts (REITs)" industry, it outperforms 82% of 64 stocks in the same industry.
CLNC is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so CLNC is leading the market.
CLNC is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Looking at the yearly performance, CLNC did better than 75% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
CLNC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 10.15, a Stop Loss order could be placed below this zone.
More info and screens
8.15
10.43
5 important support areas can be observed.
- A support zone ranging from 9.87 to 10.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.70 to 9.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.00 from a trend line in the weekly time frame.
- Support @8.42 from a horizontal line in the daily time frame.
- Support @8.23 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @10.33 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.02
Mansfield2.04
10 Day High10.48
10 Day Low9.65
20 Day High10.68
20 Day Low9.32
52 Week High10.68
52 Week Low4.37
Performance
1 Week2.48%
2 Weeks-1.15%
1 Month11.81%
3 Month18.48%
6 Month35.26%
12 Month55.42%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
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)-0.03
RSI(14)63.64
LBB9.86
UBB10.53
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 |
|---|---|---|---|
| 10.34 | 9.86 | 0.48 (4.64%) | 21.54% |
| An entry @10.34. This is a Buy Stop order right above the resistance zone. | An exit @9.86. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.48 points, which is 4.64%. | When investing 21.54% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
Colony Northstar Credit Real Estate Inc Class
NYSE:CLNC (6/24/2021, 8:04:00 PM)
After market: 10.32 0 (0%)10.32
+0.16 (+1.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Performance
% Chg1.57%
1 Week2.48%
2 Weeks-1.15%
1 Month11.81%
3 Month18.48%
6 Month35.26%
12 Month55.42%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.31
ATR(20)%2.76%
ATR Inc-33.77%
Range Today0.24
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.02
Mansfield2.04
10 Day High10.48
10 Day Low9.65
20 Day High10.68
20 Day Low9.32
52 Week High10.68
52 Week Low4.37
CS1 End10.15
CR1 Start10.33
Volume & EV
DER(3)0.91%
DER(5)2.46%
Volume168.00K
Volume Incr0.92%
Vol(5)333.26K
Vol(50)341.18K