CAPITAL BANCORP INC/MD (CBNK) Stock Technical Analysis
USA - NASDAQ:CBNK - US1397371006 - Common Stock
32.345 USD
+0.05 (+0.14%)
32.345 USD
0 (0%)
Taking everything into account, CBNK scores 3 out of 10 in our technical rating. In the last year, CBNK was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
In the last month CBNK has a been trading in the 32.07 - 35.00 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, CBNK did better than 71% of all other 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.
CBNK is an average performer in the Banks industry, it outperforms 65% of 392 stocks in the same industry.
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 a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 30.91, a Stop Loss order could be placed below this zone.
More info and screens
27.99
36.05
3 important support areas can be observed.
- A support zone ranging from 30.82 to 30.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @29.97 from a trend line in the weekly time frame.
- Support @28.27 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 32.93 to 33.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 35.53 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 | DOWN | NEGATIVE | The short term trend for CBNK is down. |
| ChartMill Relative Strength | 71.17 | POSITIVE | CBNK has a high relative strength, it outperformed 71.17% 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) | 41.76 | NEUTRAL | The RSI value for CBNK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests CBNK has a negative trend. |
| Stochastics (14,3) | 11.32 | OVERSOLD | The low Stochastics value suggests CBNK may be oversold. |
| Average True Range in percent/ATR (20) | 2.54 | MEDIUM VOLATILITY | The ATR as a percentage value for CBNK suggests some volalility. |
| Average Directional Index/ADX (14) | 14.01 | NEGATIVE | The low ADX value for CBNK 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)
32.345
+0.05 (+0.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.14%
1 Week0.02%
2 Weeks-3.91%
1 Month-5.2%
3 Month-3.59%
6 Month15.15%
12 Month28.2%
2 Year69.08%
3 Year40.02%
5 Year241.91%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.82
ATR(20)%2.54%
ATR Inc-25.61%
Range Today0.61
ADR(20)0.81
ADR(20)%2.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.17
Mansfield-0.36
10 Day High33.83
10 Day Low32.07
20 Day High35
20 Day Low32.07
52 Week High36.4
52 Week Low24.1
CS1 End30.91
CR1 Start32.93
Volume & EV
DER(3)2.72%
DER(5)2.87%
Volume34.80K
Volume Incr57.81%
Vol(5)69.04K
Vol(50)57.50K