Stronger Sell Today CTRE ranks #3021 as SELL CANDIDATE. Weaker Sell
Today CTRE ranks #3021 as SELL CANDIDATE.

CTRE stock CareTrust REIT

CTRE stock
CareTrust REIT

April 18, 2019
Change 1.34%
Chart period: 2019-01-22 - 2019-04-18
VOLUME
Sell
TREND
Buy

MV LONG
Sell

MV SHORT
Sell

PIVOT
Buy

MACD
Buy

Will CTRE stock price go up or down on Mon, 22 Apr 2019?

CareTrust REIT Forecast and Stock Analysis

Technical CTRE stock analysis for April 18, 2019.

Sell candidate since 2019-04-17 Gain 1.34%
Shorts n/a
Cash n/a
Loans n/a
Beta 0.90
ROA 4.65

CareTrust REIT gained 1.34% in the last trading day, rising from $23.08 to $23.39 The price has risen in 6 of the last 10 days and is up by 0.13% over the past 2 weeks. Volume fell in the last day by -0.33 million shares, and in total, 1.09 million shares bought and sold for approximately $25.40 million. You should take into consideration that a falling volume on higher prices causes divergence and may be an early warning about possible changes for the next couple of days.

Close price at the end of the last trading day (Thursday, 18th Apr 2019) of the CTRE stock was $23.39. This is 1.34% more than the trading day before Wednesday, 17th Apr 2019.

During day the stock fluctuated 2.22% from a day low at $22.93 to a day high of $23.44.

30 day high of the CTRE stock price was $24.43 and low was $22.70.
90 day high was $24.43 and low was $19.88.
52 week high for the CareTrust REIT - $24.43 and low - $12.73.

Trend

CareTrust REIT lies in the lower part of a strong rising trend in the short term, and this will normally pose a very good buying opportunity. A break down the bottom trend line at $23.12 will firstly indicate a slower raising rate, but may also be a early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 12.19% during the next 3 months and, with 90% probability hold a price between $25.94 and $28.15 at the end of this period.

Click here for today's Top 5 Trending Companies

Signals

A buy signal was issued from a pivot bottom point on Wednesday April 17, 2019, which indicates further gains until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. CareTrust REIT holds sales signals from both short- and long-term moving averages. On corrections up there will be some resistance from the lines at $23.77 and $23.44. A break-up above any of these levels will issue buy signals.

Access today's Top 5 Golden Star Companies

Relative Strength Index (RSI)

RSI14 is 49 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

CareTrust REIT finds support from accumulated volume at $22.84.

Support: $22.84 Price: $23.39 Resistance: $23.71

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $0.51 (2.22%) between high and low. For the last week, the stock has had a daily average volatility of 2.34%.

Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.

Overall risk:

Very Low Low Medium High Very High

Evaluation: Sell Candidate

The CareTrust REIT stock holds several negative signals and despite the positive trend we believe CareTrust REIT will perform weak in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. We have upgraded our recommendation for this stock since last evaluation from a Strong Sell Candidate to a Sell Candidate.

Stronger Sell Today CTRE ranks #3021 as SELL CANDIDATE. Weaker Sell
Today CTRE ranks #3021 as SELL CANDIDATE.