Technical Signal Analysis for Cubesmart (NYSE:CUBE)


Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Cubesmart (NYSE:CUBE) for the period of 9-Day stands at 89.13% while the stochastic %D for the same period stands at 92.6%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Cubesmart (NYSE:CUBE) signals “Buy” while other important signals like the 20-Day Moving Average Vs. Price signals “Buy”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Buy” for Cubesmart (NYSE:CUBE) while 20-100 Day MACD Oscillator indicates “Buy”.

Bollinger band is a volatility indicator of a certain security, currently Cubesmart (NYSE:CUBE)’s 20-Day Bollinger Band indicates “Hold”.

About Company

CubeSmart is a self-administered and self-managed real estate company focused on the ownership, operation, acquisition and development of self storage facilities in the United States. Its self storage facilities are designed to offer storage space for residential and commercial customers. CubeSmart, formally known as U-Store-It Trust, is based in Wayne, Pennsylvania.

Previous Day Activity Analysis

On the last trading day, Cubesmart (NYSE:CUBE) opened the session at $28.81 and after going up 0.52% closed at $29.09. The stock gained 0.28 points in the last trade.

Cubesmart (NYSE:CUBE)’s stock fluctuated in the range of $28.66 and $29.20 during the previous active session. Cubesmart (NYSE:CUBE) traded with the volume of 1.83 Million with average volume of 1.61 Million. The stock has HIGH volatility on the last trading session.

Currently the Beta for the company remains at 0.23 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.5 and 76.81 respectively.

Currently the Insider Ownership of the shares of Cubesmart (NYSE:CUBE) is at 0.2% and the shares outstanding are 179.95 Million.

Important Ratio Analysis

Some important ratios to consider here for Cubesmart (NYSE:CUBE) are discussed below:

Dividend yield of Cubesmart (NYSE:CUBE) stands at 3.71% whereas Price to Earnings P/E ratio stands at 44.62 while Forward P/E shows the value of 39.15.

The PEG ratio (Price to Earning to Growth) emits the value of 7.44. The Price to Sale P/S and Price to Book P/B shows the value of 9.55 and 3.24 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 844.31 and 66.18 correspondingly.

Return on Assets ROA of Cubesmart (NYSE:CUBE) is at 3.4% whereas, Return on Equity ROE and Return of Investment ROI of Cubesmart (NYSE:CUBE) stand at 7.2% and 4.4% respectively.

The payout ratio of Cubesmart (NYSE:CUBE) stands at 155.6%.

Stock Performance Analysis

The stock performance of Cubesmart (NYSE:CUBE) on the basis of 5 day trade show the jump of 3.3% whereas, the monthly performance of the stock shows increase of 11.07%.

The quarterly performance of the stock remained in green zone with the value of 18.83% while six month performance of the shares of Cubesmart (NYSE:CUBE) remained bullish with the count of 17.06%.

The yearly and YTD performance of Cubesmart (NYSE:CUBE) remained up at 14.3% and 8.67% respectively.