CAPITAL BANCORP INC/MD (CBNK) Stock Technical Analysis
NASDAQ:CBNK - Nasdaq - US1397371006 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to CBNK. Both in the recent history as in the last year, CBNK has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, CBNK did better than 91% of all other stocks. We also observe that the gains produced by CBNK over the past year are nicely spread over this period.
CBNK is part of the Banks industry. There are 395 other stocks in this industry. CBNK outperforms 97% of them.
CBNK is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month CBNK has a been trading in the 30.80 - 33.99 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days.
Although CBNK has an excellent technical rating, it 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
25.68
33.98
5 important support areas can be observed.
- A support zone ranging from 31.45 to 32.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 30.81 to 30.82. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @28.12 from a trend line in the weekly time frame.
- A support zone ranging from 26.76 to 27.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @25.94 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 33.59 to 33.64. 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 CBNK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CBNK is up. |
| ChartMill Relative Strength | 91.8 | POSITIVE | CBNK has a high relative strength, it outperformed 91.8% off all stocks 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 | POSITIVE | The current price of CBNK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.76 | NEUTRAL | The RSI value for CBNK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests CBNK has a positive trend. |
| Stochastics (14,3) | 94.02 | OVERBOUGHT | The high Stochastics value suggests CBNK may be overbought. |
| Average True Range in percent/ATR (20) | 2 | MEDIUM VOLATILITY | The ATR as a percentage value for CBNK suggests some volalility. |
| Average Directional Index/ADX (14) | 20.51 | NEUTRAL | The ADX value for CBNK suggests a possible start of a new 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)
33.58
+0.03 (+0.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.09%
1 Week3.74%
2 Weeks6.37%
1 Month3.96%
3 Month28.61%
6 Month19.8%
12 Month69.85%
2 Year85.52%
3 Year54.75%
5 Year213.83%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.7
ATR(20)%2%
ATR Inc-33.96%
Range Today0.59
ADR(20)0.63
ADR(20)%1.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.8
Mansfield1.14
10 Day High33.99
10 Day Low30.83
20 Day High33.99
20 Day Low30.8
52 Week High34.31
52 Week Low19.84
CS1 End32.1
CR1 Start33.56
Volume & EV
DER(3)1.37%
DER(5)0.86%
Volume66.80K
Volume Incr145.14%
Vol(5)145.42K
Vol(50)73.40K