CBIZ INC (CBZ) Technical Analysis
NYSE:CBZ • US1248051021
Current stock price
CBZ Technical Rating and Analysis
Overall CBZ gets a technical rating of 0 out of 10. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, CBZ is a bad performer in the overall market: 96% of all stocks are doing better.
- CBZ is one of the lesser performing stocks in the Professional Services industry. 79% of 87 stocks in the same industry do better.
- CBZ is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so CBZ is lagging the market.
- CBZ has an average volume of 1456760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month CBZ has a been trading in the 24.29 - 29.30 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CBZ Weekly and Daily overview Charts
CBZ Setup Rating and Analysis
CBZ has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 27.62. Right above this resistance zone may be a good entry point.
More info and screens
CBZ Support and Resistance Analysis
24.89
When analyzing the support we notice one important area.
- Support @25.14 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 27.62 to 27.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 43.22 to 43.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @47.74 from a trend line in the daily time frame.
- Resistance @55.50 from a horizontal line in the daily time frame.
CBZ 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 | 4.24 | NEGATIVE | CBZ has a low relative strength, it was outperformed by 95.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CBZ is above 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) | 47.87 | NEUTRAL | The RSI value for CBZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.52 | POSITIVE | The MACD value suggests CBZ has a positive trend. |
| Stochastics (14,3) | 81.26 | OVERBOUGHT | The high Stochastics value suggests CBZ may be overbought. |
| Average True Range in percent/ATR (20) | 5.32 | HIGH VOLATILITY | The high ATR as a percentage value for CBZ suggests high volalility. |
| Average Directional Index/ADX (14) | 31.79 | POSITIVE | The high ADX value value for CBZ suggests a strong trend. |
CBZ Chart- and CandleStick Pattern Analysis
CBZ Technicals: Chart, Performance Metrics, Trend & Indicators
27.61
+1.17 (+4.43%)
CBIZ INC / CBZ TA FAQ
Can you provide the ChartMill technical rating for CBIZ INC?
ChartMill assigns a technical rating of 0 / 10 to CBZ.
What is the current trend direction of CBIZ INC (CBZ) stock?
The current trend direction for CBIZ INC (CBZ) is Bearish.
What is the RSI signal for CBIZ INC (CBZ) stock?
CBIZ INC (CBZ) has an RSI value of 47.8725. This indicates that the stock is currently neutral.
What is the buy/sell signal for CBZ stock?
The buy/sell signal for CBIZ INC (CBZ) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for CBIZ INC?
CBIZ INC (CBZ) has a support level at 25.14 and a resistance level at 27.62. Check the full technical report for our detailed analysis of CBZ support and resistance levels.