Taking everything into account, CBTX scores 6 out of 10 in our technical rating. 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.
CBTX has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
25.48
3 important support areas can be observed.
When analyzing the resistance we notice 2 important areas.
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. |
29.25
-0.42 (-1.42%)
ChartMill assigns a technical rating of 5 / 10 to CBTX.
The current trend direction for CBTX INC (CBTX) is Bearish.
CBTX INC (CBTX) has an RSI value of 40.5916. This indicates that the stock is currently neutral.
The MACD indicator for CBTX INC (CBTX) has a value of -0.120672, indicating a bearish trend.
The short term momentum for CBTX INC (CBTX) is neutral.