CBTX INC (CBTX) Stock Technical Analysis
NASDAQ:CBTX - Nasdaq - US12481V1044 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to CBTX. CBTX was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
In the last month CBTX has a been trading in the 28.53 - 32.52 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, CBTX did better than 90% of all other stocks.
CBTX is one of the better performing stocks in the Banks industry, it outperforms 98% of 393 stocks in the same industry.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
CBTX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CBTX is lagging the market.
Volume is considerably higher in the last couple of days.
CBTX has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
More info and screens
25.48
33.30
3 important support areas can be observed.
- Support @27.51 from a trend line in the weekly time frame.
- A support zone ranging from 26.55 to 26.71. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @25.74 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 30.02 to 30.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 31.71 to 32.97. 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 | NEUTRAL | NEUTRAL | The long term trend for CBTX is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CBTX is neutral. |
| ChartMill Relative Strength | 90.98 | POSITIVE | CBTX has a high relative strength, it outperformed 90.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CBTX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CBTX is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CBTX is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.59 | NEUTRAL | The RSI value for CBTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests CBTX has a negative trend. |
| Stochastics (14,3) | 29.7 | NEUTRAL | The Stochastics value for CBTX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.58 | MEDIUM VOLATILITY | The ATR as a percentage value for CBTX suggests some volalility. |
| Average Directional Index/ADX (14) | 15.25 | NEGATIVE | The low ADX value for CBTX 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)
29.25
-0.42 (-1.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.42%
1 Week-5.52%
2 Weeks-5.4%
1 Month-2.01%
3 Month6.67%
6 Month-4.29%
12 Month9.96%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.15
ATR(20)%3.58%
ATR Inc17.1%
Range Today1.03
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.98
Mansfield1.9
10 Day High32.52
10 Day Low29.02
20 Day High32.52
20 Day Low28.53
52 Week High33.1
52 Week Low26.11
CS1 End27.51
CR1 Start30.02
Volume & EV
DER(3)-0.2%
DER(5)-2.23%
Volume5.32M
Volume Incr882.98%
Vol(5)1.56M
Vol(50)267.26K