City Lodge heading to the sky at the target R5.35We are revising the analysis from last time City Lodge.
It formed a Falling Wedge which almost touched the stop loss.
The price broke above both W Formation & Falling Wedge and has formed a strong uptrend (safetyline)
So the high probability analysis still stands with Price>20 and 200
Target R
0 ZAR
188.67 M ZAR
1.93 B ZAR
392.99 M
About CITY LODGE HOTELS LTD
Sector
Industry
CEO
Andrew C. Widegger
Website
Headquarters
Bryanston
Founded
1985
ISIN
ZAE000117792
FIGI
BBG000BFCS71
City Lodge Hotels Ltd. engages in the operation of hotels. Its hotels include City Lodge Hotel, Town Lodge, Road Lodge, Courtyard Hotel, and Central Office and Other. The company was founded by Hans R. Enderle on August 1,1985 and is headquartered in Bryanston, South Africa.
$JSECLH - City Lodge: No Clear Pattern, Still ConsolidatingSee link below for previous analysis.
City Lodge has not taken off as I anticipated.
The stock has continued to consolidate sideways without a clear pattern though we have two areas of support and a resistance zone.
I have no view at this stage and I will sit on my hands on this one.
Our opinion on the current state of CLHCity Lodge Hotels operates approximately 62 hotels across six African countries, primarily targeting the business travel sector. The company's performance largely mirrors the economic conditions in South Africa. Historically well-managed, City Lodge is poised for growth as the economy rebounds. Howe
#CLH - City Lodge breaking out its long term triangle consolid..Watch out - City lodge is breaking out this long term triangle bottoming pattern. I have 3 different targets based on the distances of the triangles within the larger triangle. I'd like to see a little more volume on this break but technically it looks good. More conservative traders can wait for a
UPDATE: City Lodge on track to R5.44City Lodge has been forming a Symmetrical Triangle since November 2022...
It constricted into the apex and as most chart patterns, it broke above showing strong demand and buying momentum.
Now with the holiday season and with more people going on vacations, we can expect the price to continue up.
UPDATE City Lodge - Odd Lot Offer and will this be GOOD to buyCity Lodge, has been in this tiresome Symmetrical Triangle since October 2022...
However, recently it's broken above which is showing positive signs that there is upside to come..
However, in the most recent SENS update there was a mention about the Odd Lot Offer.
So let's break it down and what
UPDATE: City Lodge chose a direction and it's a skyscraper!The last update with City Lodge was the market was moving in a very large Symmetrical Triangle.
It was luck of the dice whether the makret was going to break up or down.
But there were certain signs showing an uptrend was more evident. The support level was making higher lows.
The price did not
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related stocks
Frequently Asked Questions
The current price of CLH is 386 ZAC — it hasn't changed in the past 24 hours. Watch CITY LODGE HOTELS LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on JSE exchange CITY LODGE HOTELS LTD stocks are traded under the ticker CLH.
CLH stock has risen by 4.61% compared to the previous week, the month change is a −3.50% fall, over the last year CITY LODGE HOTELS LTD has showed a −11.06% decrease.
CLH stock is 2.09% volatile and has beta coefficient of 0.61. Track CITY LODGE HOTELS LTD stock price on the chart and check out the list of the most volatile stocks — is CITY LODGE HOTELS LTD there?
Today CITY LODGE HOTELS LTD has the market capitalization of 2.17 B, it has increased by 5.97% over the last week.
Yes, you can track CITY LODGE HOTELS LTD financials in yearly and quarterly reports right on TradingView.
CLH net income for the last half-year is 120.41 M ZAR, while the previous report showed 81.40 M ZAR of net income which accounts for 47.92% change. Track more CITY LODGE HOTELS LTD financial stats to get the full picture.
CITY LODGE HOTELS LTD dividend yield was 3.46% in 2024, and payout ratio reached 45.11%. The year before the numbers were 2.62% and 45.39% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. CITY LODGE HOTELS LTD EBITDA is 560.67 M ZAR, and current EBITDA margin is 28.95%. See more stats in CITY LODGE HOTELS LTD financial statements.
Like other stocks, CLH shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade CITY LODGE HOTELS LTD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So CITY LODGE HOTELS LTD technincal analysis shows the sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating CITY LODGE HOTELS LTD stock shows the strong sell signal. See more of CITY LODGE HOTELS LTD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.