CENTRAL BANCOMPANY (CBC) Technical Analysis
NASDAQ:CBC • US1524131000
Current stock price
CBC Technical Rating and Analysis
Taking everything into account, CBC scores 1 out of 10 in our technical rating. CBC performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
- 100% of all other stocks performed better in the past year than CBC.
- CBC is one of the lesser performing stocks in the Banks industry. 95% of 381 stocks in the same industry do better.
- In the last month CBC has a been trading in the 23.32 - 25.20 range, which is quite wide. It is currently trading near the lows of this range.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- Volume is considerably higher in the last couple of days.
CBC Weekly and Daily overview Charts
CBC Setup Rating and Analysis
CBC has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 23.40, a Stop Loss order could be placed below this zone.
More info and screens
CBC Support and Resistance Analysis
22.79
We found 2 important support areas.
- A support zone ranging from 23.40 to 23.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @23.02 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 23.71 to 24.28. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 25.03 to 25.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
CBC Technical Indicator Signal Analysis
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 CBC is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CBC is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | CBC has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CBC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CBC is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 36.84 | NEUTRAL | The RSI value for CBC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests CBC has a negative trend. |
| Stochastics (14,3) | 19.13 | OVERSOLD | The low Stochastics value suggests CBC may be oversold. |
| Average True Range in percent/ATR (20) | 2.98 | MEDIUM VOLATILITY | The ATR as a percentage value for CBC suggests some volalility. |
| Average Directional Index/ADX (14) | 14.73 | NEGATIVE | The low ADX value for CBC suggests a weak or negative trend. |
CBC Chart- and CandleStick Pattern Analysis
CBC Technicals: Chart, Performance Metrics, Trend & Indicators
23.41
-0.33 (-1.39%)
CENTRAL BANCOMPANY / CBC TA FAQ
Can you provide the ChartMill technical rating for CENTRAL BANCOMPANY?
ChartMill assigns a technical rating of 1 / 10 to CBC.
What is the current trend direction of CENTRAL BANCOMPANY (CBC) stock?
The current trend direction for CENTRAL BANCOMPANY (CBC) is Bullish.
What is the RSI signal for CENTRAL BANCOMPANY (CBC) stock?
CENTRAL BANCOMPANY (CBC) has an RSI value of 36.8416. This indicates that the stock is currently neutral.
What is the MACD signal for CENTRAL BANCOMPANY (CBC) stock?
The MACD indicator for CENTRAL BANCOMPANY (CBC) has a value of -0.117932, indicating a bearish trend.
What are the support and resistance levels for CENTRAL BANCOMPANY (CBC) stock?
CENTRAL BANCOMPANY (CBC) has a support level at 23.4 and a resistance level at 23.71. Check the full technical report for our detailed analysis of CBC support and resistance levels.