
CBTX INC (CBTX) Technical Analysis
NASDAQ:CBTX • US12481V1044
Current stock price
CBTX Technical Rating and Analysis
Overall CBTX gets a technical rating of 6 out of 10. 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.
- When comparing the yearly performance of all stocks, we notice that CBTX is one of the better performing stocks in the market, outperforming 90% of all stocks.
- CBTX is one of the better performing stocks in the Banks industry, it outperforms 99% of 377 stocks in the same industry.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- 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 Weekly and Daily overview Charts
CBTX Setup Rating and Analysis
CBTX has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
More info and screens
CBTX Support and Resistance Analysis
25.48
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.
CBTX Technical Indicator Signal Analysis
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. |
CBTX Chart- and CandleStick Pattern Analysis
CBTX Technicals: Chart, Performance Metrics, Trend & Indicators
29.25
-0.42 (-1.42%)
CBTX INC / CBTX TA FAQ
What is the technical rating for CBTX stock?
ChartMill assigns a technical rating of 5 / 10 to CBTX.
What is the trend direction for CBTX stock?
The current trend direction for CBTX INC (CBTX) is Bearish.
What is the RSI signal for CBTX stock?
CBTX INC (CBTX) has an RSI value of 40.5916. This indicates that the stock is currently neutral.
What is the support and resistance level for CBTX stock?
CBTX INC (CBTX) has a support level at 27.51 and a resistance level at 30.02. Check the full technical report for our detailed analysis of CBTX support and resistance levels.