NYSEARCA:CBOA - NYSE Arca - US12811T6709 - ETF - Currency: USD
Taking everything into account, CBOA scores 5 out of 10 in our technical rating. CBOA has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
Although the technical rating is only medium, CBOA does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 26.44. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 26.37, a Stop Loss order could be placed below this zone.
25.62
When analyzing the support we notice one important area.
We found 1 important resistance area.
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 CBOA is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CBOA is up. |
ChartMill Relative Strength | 0 | NEGATIVE | CBOA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CBOA is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CBOA is above the rising SMA(50). |
Relative Strength Index/RSI (14) | 69.45 | NEUTRAL | The RSI value for CBOA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests CBOA has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 90.73 | OVERBOUGHT | The high Stochastics value suggests CBOA may be overbought. |
Average True Range in percent/ATR (20) | 0.21 | LOW VOLATILITY | The low ATR as a percentage value for CBOA suggests low volalility. |
Average Directional Index/ADX (14) | 30.25 | POSITIVE | The high ADX value value for CBOA suggests a strong trend. |
NYSEARCA:CBOA (7/18/2025, 4:15:03 PM)
26.43
-0.01 (-0.02%)