CHAIN BRIDGE BANCORP INC-A (CBNA) Stock Technical Analysis
NYSE:CBNA - New York Stock Exchange, Inc. - US15746L1008 - Common Stock - Currency: USD
Overall CBNA gets a technical rating of 4 out of 10. CBNA was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
When comparing the yearly performance of all stocks, CBNA is a bad performer in the overall market: 100% of all stocks are doing better.
CBNA is one of the lesser performing stocks in the Banks industry. 96% of 396 stocks in the same industry do better.
In the last month CBNA has a been trading in the 25.33 - 27.97 range, which is quite wide. It is currently trading near the lows of this range.
Warning: CBNA has an average volume of 17600 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
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.
CBNA has an average technical rating and it also does not offer a high quality setup 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
20.79
27.80
We found 3 important support areas.
- A support zone ranging from 25.20 to 25.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @22.10 from a horizontal line in the weekly time frame.
- Support @21.00 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 27.52 to 27.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 CBNA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CBNA is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | CBNA 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 CBNA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CBNA is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 40.79 | NEUTRAL | The RSI value for CBNA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.27 | NEGATIVE | The MACD value suggests CBNA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 3.04 | OVERSOLD | The low Stochastics value suggests CBNA may be oversold. |
| Average True Range in percent/ATR (20) | 2.24 | MEDIUM VOLATILITY | The ATR as a percentage value for CBNA suggests some volalility. |
| Average Directional Index/ADX (14) | 15.2 | NEGATIVE | The low ADX value for CBNA suggests a weak or negative trend. |
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)
25.43
-0.04 (-0.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.16%
1 Week-3.27%
2 Weeks-5.81%
1 Month-5.81%
3 Month13.27%
6 Month-5.68%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.59
ATR(20)%2.24%
ATR Inc-20.03%
Range Today0.59
ADR(20)0.56
ADR(20)%2.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High27.14
10 Day Low25.33
20 Day High27.97
20 Day Low25.33
52 Week HighN/A
52 Week LowN/A
CS1 End25.42
CR1 Start27.52
Volume & EV
DER(3)-3.63%
DER(5)-2.09%
Volume5.20K
Volume Incr-34.59%
Vol(5)15.24K
Vol(50)17.60K