COMMUNITY BANK SYSTEM INC (CBU)       62.53  +0.33 (+0.53%)

62.53  +0.33 (+0.53%)

US2036071064 - Common Stock - After market: 62.53 0 (0%)

Technical Rating

1

We assign a technical rating of 1 out of 10 to CBU. CBU scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.



In the last month CBU has a been trading in the 54.63 - 64.86 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
CBU is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, CBU is a bad performer in the overall market: 76% of all stocks are doing better.
CBU is one of the lesser performing stocks in the Banks industry. 75% of 333 stocks in the same industry do better.

Statistics

1 Month 3 Months 6 Months 12 Months 1.23% -1.82% -8.25% -13.13% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 24.63 54.63 - 74.05
CBU Weekly chart
CBU Daily chart

Support/Resistance Analysis


61.90

72.17
3 important resistance areas can be observed.
  • A resistance zone ranging from 63.21 to 63.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 65.38 to 66.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @71.46 from a horizontal line in the weekly time frame.

Setup Analysis

Setup Rating

2

The technical rating of CBU is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.


CBU Daily chart

COMMUNITY BANK SYSTEM INC62.53

NYSE:CBU (2/3/2023, 7:04:00 PM)+0.33 (+0.53%)

After market: 62.53 0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector Financials
GICS Industry Banks

Performance
Today 0.53% 1 Week 11.92%
2 Weeks 2.61% 1 Month 1.23%
3 Month -1.82% 6 Month -8.25%

Volatility
ATR(14) 1.89 ATR(20)% 2.82%
ATR Inc 44.48% Range Today 1.16

Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)

Relative Strength & Ranges
CRS 24.63 Mansfield -0.66
10 Day High 62.91 10 Day Low 54.63
20 Day High 64.86 20 Day Low 54.63
52 Week High 74.05 52 Week Low 54.63
CS1 End N/A CR1 Start 63.21

Volume & EV
DER(3) -0.14% DER(5) -0.49%
Volume 298.70K Volume Incr 96.72%
Vol(5) 415.48K Vol(50) 217.77K

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