CUBESMART
CUBESMART
- USD (-)
- 15 min delayed data - NYSE Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: CUBE
ISIN:

CUBESMART - Daily - Technical analysis published on 10/22/2019 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Court terme: Bullish
De fond: Strongly bullish
Technical indicators
50%
22%
28%
My opinion
Bullish above 34.32 USD
My targets
35.03 USD (+0.06%)
36.31 USD (+3.71%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on CUBESMART as long as the price remains well above 34.32 USD. The buyers” bullish objective is set at 35.03 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 36.31 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
FORCE
0
10
5.9

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The CUBESMART price is 35.01 USD. The price has increased by +0.26% since the last closing with the lowest point at 34.78 USD and the highest point at 35.07 USD. The deviation from the price is +0.66% for the low point and -0.17% for the high point.

34.78
35.07
35.01

A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in Daily of this CUBESMART chart shows a strongly bullish trend. The signals given by moving averages are 85.71% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : Daily


Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : Daily


Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily



An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly


Momentum indicator is back under 0

Type : Bearish

Timeframe : Daily



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 30.62 33.30 34.32 35.01 35.03 36.31
Change (%) -12.54% -4.88% -1.97% - +0.06% +3.71%
Change -4.39 -1.71 -0.69 - +0.02 +1.30
Level Minor Major Intermediate - Major Major



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard33.8534.1534.5334.8335.2135.5135.89
Camarilla34.7334.8034.8634.9234.9835.0535.11
Woodie33.9034.1734.5834.8535.2635.5335.94
Fibonacci34.1534.4134.5734.8335.0935.2535.51


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard33.4233.7834.0834.4434.7535.1135.41
Camarilla34.2134.2734.3334.3934.4534.5134.57
Woodie33.3933.7634.0634.4334.7235.0935.39
Fibonacci33.7834.0334.1934.4434.7034.8535.11


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard32.5133.4234.1635.0735.8136.7337.47
Camarilla34.4534.6034.7534.9035.0535.2035.36
Woodie32.4233.3834.0735.0335.7336.6937.38
Fibonacci33.4234.0534.4435.0735.7136.1036.73

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 53.84
MACD (12,26,9): -0.0800
Directional Movement: 0.89
AROON (14): -42.86
DEMA (21): 34.67
Parabolic SAR (0,02-0,02-0,2): 35.38
Elder Ray (13): 0.19
Super Trend (3,10): 35.63
Zig ZAG (10): 35.03
VORTEX (21): 0.9700
Stochastique (14,3,5): 48.28
TEMA (21): 34.58
Williams %R (14): -33.95
Chande Momentum Oscillator (20): -0.16
Repulse (5,40,3): 0.7200
ROCnROLL: 1
TRIX (15,9): -0.0400
Courbe Coppock: 1.02
MA7: 34.59
MA20: 34.76
MA50: 34.99
MA100: 34.35
MAexp7: 34.72
MAexp20: 34.78
MAexp50: 34.72
MAexp100: 34.12
Price / MA7: +1.21%
Price / MA20: +0.72%
Price / MA50: +0.06%
Price / MA100: +1.92%
Price / MAexp7: +0.84%
Price / MAexp20: +0.66%
Price / MAexp50: +0.84%
Price / MAexp100: +2.61%

This member declared not having a position on this financial instrument or a related financial instrument.

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