CBZ Technical Analysis - CBIZ INC

Technical Rating and Analysis

We assign a technical rating of 0 out of 10 to CBZ. 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: 89% of all stocks are doing better.

CBZ is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.

CBZ is part of the Professional Services industry. There are 82 other stocks in this industry, CBZ did better than 40% of them.

In the last month CBZ has a been trading in the 50.51 - 57.51 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

CBZ has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for CBZ 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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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

52.69

86.52

When analyzing the resistance we notice 6 important areas.

A resistance zone ranging from 56.73 to 56.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
A resistance zone ranging from 72.76 to 73.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
Resistance @75.73 from a horizontal line in the daily time frame.
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.

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What is Support and Resistance

Support and Resistance indicators

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Technical Indicator Signal Analysis

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	11.53	NEGATIVE	CBZ has a low relative strength, it was outperformed by 88.47% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of CBZ is below a declining 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)	40.42	NEUTRAL	The RSI value for CBZ is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.51	POSITIVE	The MACD value suggests CBZ has a positive trend, although the MACD value is declining.
Stochastics (14,3)	73.43	NEUTRAL	The Stochastics value for CBZ is a neutral value.
Average True Range in percent/ATR (20)	3.49	MEDIUM VOLATILITY	The ATR as a percentage value for CBZ suggests some volalility.
Average Directional Index/ADX (14)	24.55	NEUTRAL	The ADX value for CBZ suggests a possible start of a new trend.