COMMERZBANK AG (CBK.DE)

DE000CBK1001 - Common Stock

13.18  -0.19 (-1.38%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to CBK. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CBK is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that CBK is one of the better performing stocks in the market, outperforming 91% of all stocks.
CBK is one of the better performing stocks in the Banks industry, it outperforms 82% of 92 stocks in the same industry.
CBK 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 CBK is leading the market.
In the last month CBK has a been trading in the 12.15 - 13.62 range, which is quite wide. It is currently trading near the high of this range.
CBK has an average volume of 8099280 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
CBK Weekly chart
CBK Daily chart
Setup Rating and Analysis

7

Besides having an excellent technical rating, CBK also presents 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 12.95, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

9.75

13.69

We found 5 important support areas.

  • A support zone ranging from 12.79 to 12.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 10.80 to 10.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 10.44 to 10.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @10.06 from a horizontal line in the daily time frame.
  • Support @9.85 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 13.38 to 13.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.85
Mansfield1.45
10 Day High13.62
10 Day Low12.63
20 Day High13.62
20 Day Low12.15
52 Week High13.62
52 Week Low9.11
Performance
1 Week2.77%
2 Weeks-0.34%
1 Month8.7%
3 Month20.79%
6 Month32.13%
12 Month24.96%
2 Year112.75%
3 Year143.4%
5 Year66.81%
10 Year4.37%
15 Year-67.62%
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)
Technical Indicators
MACD(12,26,9)-0.07
RSI(14)66.42
LBB12.58
UBB13.67
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
13.5612.780.78 (5.75%)17.38%
An entry @13.56. This is a Buy Stop order right above the resistance zone.An exit @12.78. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 0.78 points, which is 5.75%.When investing 17.38% of your capital in this trade, your total portfolio risk will be 1.00%.

  • 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.
CBK Daily chart

COMMERZBANK AG

FRA:CBK (4/19/2024, 10:47:19 AM)

13.18

-0.19 (-1.38%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.38%
1 Week2.77%
2 Weeks-0.34%
1 Month8.7%
3 Month20.79%
6 Month32.13%
12 Month24.96%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.35
ATR(20)%2.3%
ATR Inc
Range Today0.13
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High13.62
10 Day Low12.63
20 Day High13.62
20 Day Low12.15
52 Week High13.62
52 Week Low9.11
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume212.95K
Volume Incr-32.09%
Vol(5)5.03M
Vol(50)8.10M