Cincinnati Bell Inc (CBB) Stock Technical Analysis
NYSE:CBB - New York Stock Exchange, Inc. -
We assign a technical rating of 6 out of 10 to CBB. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, CBB is a bad performer.
74% of all other stocks performed better in the past year than CBB.
The long and short term trends are both positive. This is looking good!
CBB is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so CBB is leading the market.
CBB is an average performer in the Diversified Telecommunication Services industry, it outperforms 40% of 33 stocks in the same industry.
In the last month CBB has a been trading in a tight range between 15.30 and 15.51.
Volume is considerably higher in the last couple of days.
Although the technical rating is only medium, CBB does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 15.48, a Stop Loss order could be placed below this zone.
More info and screens
14.85
16.05
When analyzing the support we notice one important area.
- A support zone ranging from 15.00 to 15.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 15.48 to 15.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @15.89 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for CBB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CBB is up. |
| ChartMill Relative Strength | 26.83 | NEGATIVE | CBB has a low relative strength, it was outperformed by 73.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CBB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CBB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CBB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.82 | NEUTRAL | The RSI value for CBB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CBB has a negative trend. |
| Stochastics (14,3) | 63.33 | NEUTRAL | The Stochastics value for CBB is a neutral value. |
| Average True Range in percent/ATR (20) | 0.19 | LOW VOLATILITY | The low ATR as a percentage value for CBB suggests low volalility. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 15.49 | 15.46 | 0.03 (0.21%) | 25.00% |
| An entry @15.49. This is a Buy Stop order right above the 10 day moving average. | An exit @15.46. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.03 points, which is 0.21%. | For a 0.05% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
15.48
-0.01 (-0.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg-0.06%
1 Week0%
2 Weeks0%
1 Month0.98%
3 Month0.19%
6 Month1.24%
12 Month2.45%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%0.19%
ATR Inc-30%
Range Today0.02
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.83
Mansfield-1.3
10 Day High15.51
10 Day Low15.47
20 Day High15.51
20 Day Low15.3
52 Week High15.51
52 Week Low14.96
CS1 End15.48
CR1 Start15.48
Volume & EV
DER(3)1.57%
DER(5)0.24%
Volume3.69M
Volume Incr79.1%
Vol(5)1.07M
Vol(50)580.92K