Taking everything into account, CBNK scores 2 out of 10 in our technical rating. CBNK's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, CBNK does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 27.91, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CBNK in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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25.85
When analyzing the support we can see 3 important areas.
- A support zone ranging from 27.49 to 27.91. This zone is formed by a combination of multiple trend lines 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.
- Support @26.11 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 29.27 to 29.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @33.58 from a trend line in the daily time frame.
- Resistance @35.53 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The short term trend for CBNK is neutral. |
| ChartMill Relative Strength | 27.05 | NEGATIVE | CBNK has a low relative strength, it was outperformed by 72.95% 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) | DOWN | MIXED | The current price of CBNK is above a declining 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) | 52.58 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 74.7 | NEUTRAL | The Stochastics value for CBNK is a neutral value. |
| Average True Range in percent/ATR (20) | 2.75 | MEDIUM VOLATILITY | The ATR as a percentage value for CBNK suggests some volalility. |
| Average Directional Index/ADX (14) | 14.09 | NEGATIVE | The low ADX value for CBNK suggests a weak or negative trend. |
29.04
-0.6 (-2.02%)
CAPITAL BANCORP INC/MD / CBNK FAQ
What is the technical rating for CBNK stock?
ChartMill assigns a technical rating of 2 / 10 to CBNK.
Can you provide the trend direction for CAPITAL BANCORP INC/MD?
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 52.5791. This indicates that the stock is currently neutral.
What is the short term momentum for CBNK stock?
The short term momentum for CAPITAL BANCORP INC/MD (CBNK) is neutral.