We assign a technical rating of 6 out of 10 to CBNK. CBNK has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
- CBNK is part of the Banks industry. There are 383 other stocks in this industry, of which 70% are performing better than CBNK.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month CBNK has a been trading in the 27.78 - 30.88 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the performance of all stocks over the past year, CBNK turns out to be only a medium performer in the overall market: it outperformed 54% of all stocks.
- CBNK is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CBNK is lagging the market.
Although the technical rating is only medium, CBNK does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 30.73. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 29.38, a Stop Loss order could be placed below this zone.
More info and screens
26.34
We found 3 important support areas.
- A support zone ranging from 28.54 to 29.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @27.49 from a horizontal line in the weekly time frame.
- A support zone ranging from 26.61 to 26.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 30.73 to 30.82. 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 | NEUTRAL | NEUTRAL | The long term trend for CBNK is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CBNK is up. |
| ChartMill Relative Strength | 54.75 | NEUTRAL | CBNK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CBNK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CBNK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CBNK is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.19 | NEUTRAL | The RSI value for CBNK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests CBNK has a positive trend. |
| Stochastics (14,3) | 80.21 | OVERBOUGHT | The high Stochastics value suggests CBNK may be overbought. |
| Average True Range in percent/ATR (20) | 2.35 | MEDIUM VOLATILITY | The ATR as a percentage value for CBNK suggests some volalility. |
| Average Directional Index/ADX (14) | 17.84 | NEGATIVE | The low ADX value for CBNK suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 30.83 | 29.00 | 1.83 (5.94%) | 16.85% |
| An entry @30.83. This is a Buy Stop order right above the resistance zone. | An exit @29.00. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.83 points, which is 5.94%. | For a 1.00% total portfolio risk, you can invest 16.85% 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.
30.72
+0.3 (+0.99%)
CAPITAL BANCORP INC/MD / CBNK FAQ
What is the technical rating for CBNK stock?
ChartMill assigns a technical rating of 6 / 10 to CBNK.
What is the current trend direction of CAPITAL BANCORP INC/MD (CBNK) stock?
The current trend direction for CAPITAL BANCORP INC/MD (CBNK) is Bearish.
What is the RSI signal for CBNK stock?
CAPITAL BANCORP INC/MD (CBNK) has an RSI value of 64.1885. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CAPITAL BANCORP INC/MD?
The MACD indicator for CAPITAL BANCORP INC/MD (CBNK) has a value of 0.113889, indicating a bearish trend.
What are the support and resistance levels for CAPITAL BANCORP INC/MD (CBNK) stock?
CAPITAL BANCORP INC/MD (CBNK) has a support level at 29.38 and a resistance level at 30.73. Check the full technical report for our detailed analysis of CBNK support and resistance levels.