COMMUNITY FINANCIAL SYSTEM I (CBU) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CBU - US2036071064 - Common Stock
Overall CBU gets a technical rating of 7 out of 10. In the last year, CBU was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although CBU has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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50.37
When analyzing the support we can see 4 important areas.
- Support @61.11 from a horizontal line in the daily time frame.
- A support zone ranging from 57.99 to 59.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 54.69 to 55.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 50.88 to 51.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 61.29 to 62.06. 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 CBU is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CBU is up. |
| ChartMill Relative Strength | 55.36 | 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) | UP | POSITIVE | The current price of CBU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.23 | NEUTRAL | The RSI value for CBU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests CBU has a positive trend. |
| Stochastics (14,3) | 87.77 | OVERBOUGHT | The high Stochastics value suggests CBU may be overbought. |
| Average True Range in percent/ATR (20) | 2.1 | MEDIUM VOLATILITY | The ATR as a percentage value for CBU suggests some volalility. |
| Average Directional Index/ADX (14) | 24.44 | NEUTRAL | The ADX value for CBU suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 62.07 | 61.10 | 0.97 (1.56%) | 25.00% |
| An entry @62.07. This is a Buy Stop order right above the resistance zone. | An exit @61.10. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.97 points, which is 1.56%. | For a 0.39% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of CBU. Please evaluate whether better entry and exit points can be found.
- 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.
61.28
-0.26 (-0.42%)
COMMUNITY FINANCIAL SYSTEM I / CBU FAQ
Can you provide the ChartMill technical rating for COMMUNITY FINANCIAL SYSTEM I?
ChartMill assigns a technical rating of 7 / 10 to CBU.
What is the trend direction for 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 63.2336. This indicates that the stock is currently neutral.
What is the MACD signal for CBU stock?
The MACD indicator for COMMUNITY FINANCIAL SYSTEM I (CBU) has a value of 0.167973, indicating a bearish trend.