CBIZ INC (CBZ) Stock Technical Analysis
NYSE:CBZ - New York Stock Exchange, Inc. - US1248051021 - Common Stock - Currency: USD
Taking everything into account, CBZ scores 0 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
70% of all other stocks performed better in the past year than CBZ.
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.
In the last month CBZ has a been trading in the 67.86 - 76.57 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
CBZ is part of the Professional Services industry. There are 81 other stocks in this industry, CBZ did better than 52% of them.
The technical rating of CBZ is bad and it also does not present a quality setup 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.
More info and screens
63.14
86.52
When analyzing the support we can see 2 important areas.
- Support @67.63 from a trend line in the weekly time frame.
- A support zone ranging from 63.78 to 65.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 71.39 to 73.49. This zone is formed by a combination of multiple trend lines and important moving averages 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 @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 | 30.13 | NEUTRAL | CBZ is not amongst the best or worst performers 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) | 38.8 | NEUTRAL | The RSI value for CBZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.45 | NEGATIVE | The MACD value suggests CBZ has a negative trend. |
| Stochastics (14,3) | 8.88 | OVERSOLD | The low Stochastics value suggests CBZ may be oversold. |
| Average True Range in percent/ATR (20) | 2.81 | MEDIUM VOLATILITY | The ATR as a percentage value for CBZ suggests some volalility. |
| Average Directional Index/ADX (14) | 11.59 | 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)
68.41
-0.45 (-0.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg-0.65%
1 Week-7.06%
2 Weeks-4.68%
1 Month-5.62%
3 Month-0.85%
6 Month-13.49%
12 Month-8.37%
2 Year29.24%
3 Year72.32%
5 Year187.28%
10 Year614.32%
15 Year982.7%
Volatility
ATR(14)2.16
ATR(20)%2.81%
ATR Inc-40.63%
Range Today1.29
ADR(20)1.87
ADR(20)%2.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.13
Mansfield-1.22
10 Day High74.86
10 Day Low67.86
20 Day High76.57
20 Day Low67.86
52 Week High90.13
52 Week Low62.66
CS1 End67.63
CR1 Start71.39
Volume & EV
DER(3)1.15%
DER(5)-1.53%
Volume465.11K
Volume Incr42.03%
Vol(5)534.30K
Vol(50)462.62K