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CLDT_paChatham Lodging Trust Preferred

NYSEDaily chart
Range low retest · 15 Jan 2025

RangeStocks spotted a retest of a sideways range low in CLDT_pa on 15 Jan 2025.

Range low
$19.16
support
Range high
$23.31
22% above the low
In the range since
Dec 2022
2 yr 1 mo
Close on retest day
$20.86
9% above the range low
  • Previous range $20.62 – $24.93 lasted 5 mo and broke downward at $19.00.
  • 3 sideways ranges found since 2021.
What is a range retest, and how do I read the chart?

A stock moves sideways between a floor (the range low) and a ceiling (the range high) for a long time. Then it drops below the floor, fails to climb back in, and returns to test that low again. Traders also call this a spring. Some springs mark the end of a decline; many don't.

On the chart, each candle is one trading day. The purple lines are the range the retest came from, and the green Retest label marks the day RangeStocks flagged. Tick “Show past sideways ranges” to see earlier ranges.

Daily chart

Sideways range history

RangeStartedEndedOutcomeRetests
29 Dec 2022Still open——
30 Jun 202222 Nov 2022 · 5 moBroke below the range at $19.00—
16 Nov 20218 Mar 2022 · 4 moBroke below the range at $23.54—

Retests found

  • 15 Jan 2025 · 4 mo into the range

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All daily-chart range retests →
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Past patterns don't predict future price moves. This page shows what an automated algorithm detected and is not financial advice. Read the disclaimer.