CAPITAL BANCORP INC/MD (CBNK) Stock Technical Analysis
NASDAQ:CBNK - US1397371006 - Common Stock
34.39 USD
+0.08 (+0.23%)
34.39 USD
0 (0%)
Taking everything into account, CBNK scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CBNK 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 CBNK is one of the better performing stocks in the market, outperforming 80% 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 80% of 393 stocks in the same industry.
CBNK is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CBNK is lagging the market slightly.
In the last month CBNK has a been trading in the 30.45 - 34.78 range, which is quite wide. It is currently trading near the high of this range.
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
26.49
36.05
4 important support areas can be observed.
- A support zone ranging from 31.98 to 33.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 30.82 to 30.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @29.35 from a trend line in the weekly time frame.
- Support @26.76 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 35.53 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 | 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 | 80.59 | POSITIVE | CBNK has a high relative strength, it outperformed 80.59% 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) | 62.32 | NEUTRAL | The RSI value for CBNK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.3 | POSITIVE | The MACD value suggests CBNK has a positive trend. |
| Stochastics (14,3) | 88.54 | OVERBOUGHT | The high Stochastics value suggests CBNK may be overbought. |
| Average True Range in percent/ATR (20) | 2.78 | MEDIUM VOLATILITY | The ATR as a percentage value for CBNK suggests some volalility. |
| Average Directional Index/ADX (14) | 20.96 | 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)
34.39
+0.08 (+0.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.23%
1 Week5.3%
2 Weeks3.8%
1 Month8.76%
3 Month6.47%
6 Month12.72%
12 Month34.44%
2 Year79.58%
3 Year38.84%
5 Year230.36%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.92
ATR(20)%2.78%
ATR Inc27.28%
Range Today1.08
ADR(20)0.95
ADR(20)%2.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.59
Mansfield0.6
10 Day High34.78
10 Day Low31.58
20 Day High34.78
20 Day Low30.45
52 Week High36.4
52 Week Low24.1
CS1 End33.4
CR1 Start35.53
Volume & EV
DER(3)-1.4%
DER(5)0.59%
Volume75.10K
Volume Incr-15.51%
Vol(5)56.22K
Vol(50)71.38K