Weaker Buy Today CTRE ranks #1032 as BUY CANDIDATE. Stronger Buy
Today CTRE ranks #1032 as BUY CANDIDATE.

CTRE stock CareTrust REIT

CTRE stock
CareTrust REIT

February 15, 2019
Change 1.17%
Chart period: 2018-11-16 - 2019-02-15





Will CTRE stock price go up or down on Tue, 19 Feb 2019?

CareTrust REIT Forecast and Stock Analysis

Technical CTRE stock analysis for February 15, 2019.

Buy candidate since 2019-02-13 Gain 1.77%
Shorts n/a
Cash n/a
Loans n/a
Beta 0.90
ROA 3.74

CareTrust REIT gained 1.17% in the last trading day, rising from $22.16 to $22.42 , and has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. The price has risen in 6 of the last 10 days and is up by 3.22% over the past 2 weeks. Volume fell in the last day by -313 983 shares, and in total, 870 793 shares bought and sold for approximately $19.52 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 (Friday, 15th Feb 2019) of the CTRE stock was $22.42. This is 1.17% more than the trading day before Thursday, 14th Feb 2019.

During day the stock fluctuated 2.00% from a day low at $22.01 to a day high of $22.45.

30 day high of the CTRE stock price was $22.87 and low was $19.88.
90 day high was $22.87 and low was $17.71.
52 week high for the CareTrust REIT - $22.87 and low - $12.73.


CareTrust REIT lies in the upper part of a wide and strong rising trend in the short term, and this will normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $22.89 will firstly indicate a stronger raising rate. Given the current short-term trend, the stock is expected to rise 14.72% during the next 3 months and, with 90% probability hold a price between $22.27 and $26.26 at the end of this period.

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Only positive signals in the chart today. CareTrust REIT holds buy signals from both short- and long-term moving averages. In addition, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down there will be some support from the lines at $22.23 and $20.59. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday February 12, 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.

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Relative Strength Index (RSI)

RSI14 is 64 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

On the downside, the stock finds support just below today's level from accumulated volume at $19.75 and $18.69.

There is natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, CareTrust REIT finds support just below today's level at $19.75. If this is broken, then the next support from accumulated volume will be at $18.69 and $18.49.

Support: $19.75 Price: $22.42 Resistance: $22.63


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 $0.44 (2.00%) between high and low. For the last week, the stock has had a daily average volatility of 3.13%.

Our recommended stoploss: $21.36 (-4.72%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from pivot bottom found 3 days ago.)

Overall risk:

Very Low Low Medium High Very High

Evaluation: Buy Candidate

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for this stock to perform well in the short-term. Due to some small weaknesses in the technical picture we have downgraded our recommendation for this stock since last evaluation from a Strong Buy Candidate to a Buy Candidate.

Weaker Buy Today CTRE ranks #1032 as BUY CANDIDATE. Stronger Buy
Today CTRE ranks #1032 as BUY CANDIDATE.