CAPITAL BANCORP INC/MD (CBNK) Stock Technical Analysis
NASDAQ:CBNK - Nasdaq - US1397371006 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to CBNK. CBNK was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
In the last month CBNK has a been trading in the 30.45 - 36.40 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that CBNK is one of the better performing stocks in the market, outperforming 75% of all stocks. We also observe that the gains produced by CBNK over the past year are nicely spread over this period.
CBNK is one of the better performing stocks in the Banks industry, it outperforms 76% of 392 stocks in the same industry.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
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.
CBNK 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
26.49
36.05
We found 4 important support areas.
- A support zone ranging from 30.91 to 30.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @28.89 from a trend line in the weekly time frame.
- A support zone ranging from 27.63 to 27.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @26.76 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 32.41 to 33.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 35.54 to 35.69. 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 | DOWN | NEGATIVE | The short term trend for CBNK is down. |
| ChartMill Relative Strength | 75.04 | POSITIVE | CBNK has a high relative strength, it outperformed 75.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CBNK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CBNK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CBNK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 34.58 | NEUTRAL | The RSI value for CBNK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.52 | NEGATIVE | The MACD value suggests CBNK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.12 | OVERSOLD | The low Stochastics value suggests CBNK may be oversold. |
| Average True Range in percent/ATR (20) | 3.26 | MEDIUM VOLATILITY | The ATR as a percentage value for CBNK suggests some volalility. |
| Average Directional Index/ADX (14) | 31.78 | POSITIVE | The high ADX value value for CBNK suggests a strong 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)
31.37
+0.15 (+0.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.48%
1 Week-1.1%
2 Weeks-11.51%
1 Month-11.15%
3 Month-3.71%
6 Month-2.64%
12 Month34.4%
2 Year63.81%
3 Year26.65%
5 Year201.35%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.11
ATR(20)%3.26%
ATR Inc-42.93%
Range Today0.57
ADR(20)1.01
ADR(20)%3.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.04
Mansfield0.05
10 Day High35.89
10 Day Low30.45
20 Day High36.4
20 Day Low30.45
52 Week High36.4
52 Week Low22.77
CS1 End30.91
CR1 Start32.41
Volume & EV
DER(3)3.76%
DER(5)-0.34%
Volume51.00K
Volume Incr35.32%
Vol(5)80.76K
Vol(50)70.22K