COMMUNITY FINANCIAL SYSTEM I (CBU) Stock Technical Analysis
NYSE:CBU - New York Stock Exchange, Inc. - US2036071064 - Common Stock - Currency: USD
Overall CBU gets a technical rating of 6 out of 10. In the past year, CBU was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
CBU is one of the lesser performing stocks in the Banks industry. 69% of 397 stocks in the same industry do better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
CBU is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
When compared to the yearly performance of all other stocks, CBU outperforms 63% of them, which is more or less in line with the market.
CBU is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CBU is lagging the market.
Although the technical rating is only medium, CBU does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 57.11, a Stop Loss order could be placed below this zone.
More info and screens
50.28
60.69
4 important support areas can be observed.
- A support zone ranging from 56.38 to 57.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @54.96 from a trend line in the daily time frame.
- Support @53.99 from a trend line in the weekly time frame.
- A support zone ranging from 50.79 to 51.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 58.76 to 60.09. This zone is formed by a combination of multiple trend lines and important moving averages 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 CBU is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CBU is up. |
| ChartMill Relative Strength | 63.71 | NEUTRAL | CBU is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of CBU is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CBU is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.61 | NEUTRAL | The RSI value for CBU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests CBU has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.73 | OVERBOUGHT | The high Stochastics value suggests CBU may be overbought. |
| Average True Range in percent/ATR (20) | 2.17 | MEDIUM VOLATILITY | The ATR as a percentage value for CBU suggests some volalility. |
| Average Directional Index/ADX (14) | 22.1 | NEUTRAL | The ADX value for CBU suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 58.77 | 56.42 | 2.35 (4.00%) | 25.00% |
| An entry @58.77. This is a Buy Stop order right above the 10 day moving average. | An exit @56.42. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.35 points, which is 4.00%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
58.15
-1.35 (-2.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-2.27%
1 Week-3.21%
2 Weeks1.75%
1 Month1.55%
3 Month12.98%
6 Month-0.9%
12 Month11.66%
2 Year8.03%
3 Year-13.63%
5 Year3.41%
10 Year52.11%
15 Year134.95%
Volatility
ATR(14)1.26
ATR(20)%2.17%
ATR Inc-4.56%
Range Today1.08
ADR(20)1.17
ADR(20)%2.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.71
Mansfield-1.04
10 Day High60.38
10 Day Low56.43
20 Day High60.38
20 Day Low53.55
52 Week High73.39
52 Week Low49.44
CS1 End57.11
CR1 Start58.76
Volume & EV
DER(3)0.35%
DER(5)0.26%
Volume297.70K
Volume Incr33.08%
Vol(5)249.22K
Vol(50)193.95K