Stock Trend Analysis Report
Prepared for you on Thursday, April 15, 2021.
CareTrust REIT, Inc (NASDAQ:CTRE)
Countertrend Up (+85) - CTRE is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid CTRE?
MarketClub looks at technical strength and momentum to determine if the timing is right for CTRE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CTRE
The long-term trend has been UP since Nov 16th, 2020 at 20.50
The intermediate-term trend has been UP since Mar 8th, 2021 at 23.13
The short-term trend has been DOWN since Apr 12th, 2021 at 24.01
Smart Scan Analysis for CTRE
Based on our trend formula, CTRE is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||20||Year High Date||2018-11-29|
|Year Low||12.73||Year Low Date||2018-04-23|
|52wk High||24.89||52wk High Date||2021-03-16|
|52wk Low||14.87||52wk Low Date||2020-04-24|
|Average Volume||566,365||Shares Outstanding||95,894|