CARETRUST REIT INC (CTRE)
US14174T1079 - REIT
We assign a technical rating of 7 out of 10 to CTRE. In the last year, CTRE was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, CTRE did better than 75% of all other stocks. We also observe that the gains produced by CTRE over the past year are nicely spread over this period.
CTRE is part of the Diversified REITs industry. There are 129 other stocks in this industry. CTRE outperforms 72% of them.
CTRE is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CTRE is lagging the market slightly.
CTRE has an average volume of 2136540 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month CTRE has a been trading in the 29.13 - 33.15 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, CTRE 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 30.59, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CTRE in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
22.38
31.05
4 important support areas can be observed.
- A support zone ranging from 29.49 to 30.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @27.82 from a trend line in the daily time frame.
- Support @24.05 from a horizontal line in the daily time frame.
- Support @22.61 from a trend 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
CRS75.22
Mansfield0.61
10 Day High31.35
10 Day Low29.87
20 Day High33.15
20 Day Low29.13
52 Week High33.15
52 Week Low20.1
Performance
1 Week2.71%
2 Weeks0.23%
1 Month-0.65%
3 Month5.24%
6 Month21.12%
12 Month33.13%
2 Year55.25%
3 Year52.1%
5 Year47.22%
10 Year90.11%
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)-0.04
RSI(14)50.08
LBB29.7
UBB31.43
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 |
|---|---|---|---|
| 31.36 | 29.86 | 1.50 (4.78%) | 20.91% |
| An entry @31.36. This is a Buy Stop order right above the 10 day high. | An exit @29.86. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.50 points, which is 4.78%. | For a 1.00% total portfolio risk, you can invest 20.91% of your capital in this trade. |
- 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.
CARETRUST REIT INC
NYSE:CTRE (11/21/2024, 8:21:27 PM)
After market: 30.74 0 (0%)30.74
+0.08 (+0.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg0.26%
1 Week2.71%
2 Weeks0.23%
1 Month-0.65%
3 Month5.24%
6 Month21.12%
12 Month33.13%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.94
ATR(20)%2.83%
ATR Inc
Range Today0.36
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High31.35
10 Day Low29.87
20 Day High33.15
20 Day Low29.13
52 Week High33.15
52 Week Low20.1
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.30M
Volume Incr-46.82%
Vol(5)1.49M
Vol(50)2.14M