CBIZ INC (CBZ) Stock Technical Analysis
NYSE:CBZ - US1248051021 - Common Stock
64.54 USD
+0.02 (+0.03%)
64.54 USD
0 (0%)
Taking everything into account, CBZ scores 1 out of 10 in our technical rating. CBZ's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, CBZ is a bad performer in the overall market: 85% of all stocks are doing better.
CBZ is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
CBZ is part of the Professional Services industry. There are 83 other stocks in this industry, CBZ did better than 47% of them.
In the last month CBZ has a been trading in the 61.09 - 67.24 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, CBZ does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 66.56. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 62.25, a Stop Loss order could be placed below this zone.
More info and screens
60.50
86.52
We found 1 important support area.
- A support zone ranging from 61.11 to 62.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 66.56 to 66.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 75.47 to 75.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @77.73 from a horizontal line in the weekly time frame.
- Resistance @79.64 from a horizontal line in the daily time frame.
- Resistance @85.66 from a horizontal line in the weekly 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 | DOWN | NEGATIVE | The long term trend for CBZ is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CBZ is down. |
| ChartMill Relative Strength | 15.01 | NEGATIVE | CBZ has a low relative strength, it was outperformed by 84.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CBZ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CBZ is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CBZ is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.1 | NEUTRAL | The RSI value for CBZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.47 | POSITIVE | The MACD value suggests CBZ has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 62.66 | NEUTRAL | The Stochastics value for CBZ is a neutral value. |
| Average True Range in percent/ATR (20) | 2.67 | MEDIUM VOLATILITY | The ATR as a percentage value for CBZ suggests some volalility. |
| Average Directional Index/ADX (14) | 18.92 | NEGATIVE | The low ADX value for CBZ suggests a weak or negative 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)
64.54
+0.02 (+0.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg0.03%
1 Week-3.03%
2 Weeks3.48%
1 Month4.52%
3 Month-10.66%
6 Month-17.44%
12 Month-12.31%
2 Year15.02%
3 Year47.82%
5 Year165.38%
10 Year561.95%
15 Year988.36%
Volatility
ATR(14)1.6
ATR(20)%2.67%
ATR Inc-22.09%
Range Today0.99
ADR(20)1.71
ADR(20)%2.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.01
Mansfield-2.04
10 Day High67.24
10 Day Low62.16
20 Day High67.24
20 Day Low61.09
52 Week High90.13
52 Week Low56.83
CS1 End62.25
CR1 Start66.56
Volume & EV
DER(3)-0.76%
DER(5)-1.6%
Volume349.30K
Volume Incr-50.21%
Vol(5)381.60K
Vol(50)623.58K