COMMUNITY FINANCIAL SYSTEM I (CBU) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CBU - US2036071064 - Common Stock
We assign a technical rating of 4 out of 10 to CBU. CBU has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
CBU has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 59.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 58.45, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CBU in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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50.36
When analyzing the support we can see 3 important areas.
- A support zone ranging from 56.76 to 58.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @54.00 from a trend line in the weekly time frame.
- A support zone ranging from 50.87 to 51.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @59.01 from a horizontal line in the daily time frame.
- A resistance zone ranging from 60.08 to 60.62. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @62.06 from a horizontal line in the daily time frame.
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 CBU is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CBU is up. |
| ChartMill Relative Strength | 25.95 | NEGATIVE | CBU has a low relative strength, it was outperformed by 74.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CBU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CBU is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CBU is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.19 | NEUTRAL | The RSI value for CBU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.34 | POSITIVE | The MACD value suggests CBU has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 95.39 | OVERBOUGHT | The high Stochastics value suggests CBU may be overbought. |
| Average True Range in percent/ATR (20) | 2.43 | MEDIUM VOLATILITY | The ATR as a percentage value for CBU suggests some volalility. |
| Average Directional Index/ADX (14) | 18.06 | NEGATIVE | The low ADX value for CBU suggests a weak or negative trend. |
58.67
+0.12 (+0.2%)
COMMUNITY FINANCIAL SYSTEM I / CBU FAQ
Can you provide the ChartMill technical rating for COMMUNITY FINANCIAL SYSTEM I?
ChartMill assigns a technical rating of 4 / 10 to CBU.
What is the current trend direction of COMMUNITY FINANCIAL SYSTEM I (CBU) stock?
The current trend direction for COMMUNITY FINANCIAL SYSTEM I (CBU) is Bearish.
What is the RSI signal for CBU stock?
COMMUNITY FINANCIAL SYSTEM I (CBU) has an RSI value of 59.187. This indicates that the stock is currently neutral.
What are the support and resistance levels for COMMUNITY FINANCIAL SYSTEM I (CBU) stock?
COMMUNITY FINANCIAL SYSTEM I (CBU) has a support level at 58.45 and a resistance level at 59.01. Check the full technical report for our detailed analysis of CBU support and resistance levels.