CBTX INC (CBTX) Stock Technical Analysis
USA - NASDAQ:CBTX - US12481V1044 - Common Stock
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.
Although the technical rating is only medium, CBTX does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
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.
We can see 2 important resistance 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.
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%)
CBTX INC / CBTX FAQ
What is the technical rating for CBTX stock?
ChartMill assigns a technical rating of 5 / 10 to CBTX.
Can you provide the trend direction for CBTX INC?
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.
What is the MACD signal for CBTX INC (CBTX) stock?
The MACD indicator for CBTX INC (CBTX) has a value of -0.120672, indicating a bearish trend.
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.