
CBTX INC (CBTX) Technical Analysis
NASDAQ:CBTX • US12481V1044
Current stock price
CBTX Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to CBTX. In the last year, CBTX was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
- 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 part of the Banks industry. There are 381 other stocks in this industry. CBTX outperforms 98% of them.
- 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 trading in the upper part of its 52 week range, so CBTX is lagging the market slightly.
- Volume is considerably higher in the last couple of days.
CBTX Weekly and Daily overview Charts
CBTX Setup Rating and Analysis
Although the technical rating is only medium, CBTX does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
CBTX Support and Resistance Analysis
25.48
We found 3 important support areas.
- 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.
When analyzing the resistance we notice 2 important areas.
- 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.
Can you provide the RSI signal for CBTX INC?
CBTX INC (CBTX) has an RSI value of 40.5916. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CBTX INC?
The MACD indicator for CBTX INC (CBTX) has a value of -0.120672, indicating a bearish trend.
What is the short term momentum for CBTX INC (CBTX) stock?
The short term momentum for CBTX INC (CBTX) is neutral.