CENTRAL BANCOMPANY (CBC) Technical Analysis
NASDAQ:CBC • US1524131000
Current stock price
CBC Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to CBC. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, CBC is a bad performer.
- When comparing the yearly performance of all stocks, CBC is a bad performer in the overall market: 100% of all stocks are doing better.
- CBC is part of the Banks industry. There are 376 other stocks in this industry, of which 94% are performing better than CBC.
- Both the short term and long term trends are positive. This is a very positive sign.
- In the last month CBC has a been trading in the 23.26 - 26.25 range, which is quite wide. It is currently trading near the high of this range.
CBC Weekly and Daily overview Charts
CBC Setup Rating and Analysis
Although CBC has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
CBC Support and Resistance Analysis
22.79
When analyzing the support we can see 2 important areas.
- A support zone ranging from 23.41 to 23.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @23.02 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 25.60 to 25.60. 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 | UP | POSITIVE | The short term trend for CBC is up. |
| 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) | UP | POSITIVE | The current price of CBC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CBC is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 65.32 | NEUTRAL | The RSI value for CBC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests CBC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.97 | NEUTRAL | The Stochastics value for CBC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.31 | MEDIUM VOLATILITY | The ATR as a percentage value for CBC suggests some volalility. |
| Average Directional Index/ADX (14) | 30.46 | POSITIVE | The high ADX value value for CBC suggests a strong trend. |
CBC Chart- and CandleStick Pattern Analysis
CBC Technicals: Chart, Performance Metrics, Trend & Indicators
25.56
+0.04 (+0.16%)
CENTRAL BANCOMPANY / CBC TA FAQ
Can you provide the ChartMill technical rating for CENTRAL BANCOMPANY?
ChartMill assigns a technical rating of 7 / 10 to CBC.
What is the current trend direction of CENTRAL BANCOMPANY (CBC) stock?
The current trend direction for CENTRAL BANCOMPANY (CBC) is Bullish.
Can you provide the RSI signal for CENTRAL BANCOMPANY?
CENTRAL BANCOMPANY (CBC) has an RSI value of 65.3248. This indicates that the stock is currently neutral.
What is the short term momentum for CBC stock?
The short term momentum for CENTRAL BANCOMPANY (CBC) is positive.
What are the support and resistance levels for CENTRAL BANCOMPANY (CBC) stock?
CENTRAL BANCOMPANY (CBC) has a support level at 23.69 and a resistance level at 25.6. Check the full technical report for our detailed analysis of CBC support and resistance levels.