CBIZ INC (CBZ) Stock Technical Analysis
NYSE:CBZ - New York Stock Exchange, Inc. - US1248051021 - Common Stock - Currency: USD
Overall CBZ gets a technical rating of 2 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
73% of all other stocks performed better in the past year than CBZ.
CBZ is part of the Professional Services industry. There are 81 other stocks in this industry, CBZ did better than 48% of them.
CBZ is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CBZ is lagging the market slightly.
In the last month CBZ has a been trading in the 64.85 - 74.94 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. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
63.14
86.52
When analyzing the support we notice one important area.
- A support zone ranging from 63.78 to 67.94. 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 73.13 to 74.21. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 27.03 | NEGATIVE | CBZ has a low relative strength, it was outperformed by 72.97% 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) | UP | MIXED | The current price of CBZ is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CBZ is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.99 | NEUTRAL | The RSI value for CBZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests CBZ has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 32.26 | NEUTRAL | The Stochastics value for CBZ is a neutral value. |
| Average True Range in percent/ATR (20) | 2.5 | MEDIUM VOLATILITY | The ATR as a percentage value for CBZ suggests some volalility. |
| Average Directional Index/ADX (14) | 10.61 | 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)
71.93
-0.32 (-0.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg-0.44%
1 Week-2.97%
2 Weeks-0.69%
1 Month8.67%
3 Month-14.33%
6 Month-10.97%
12 Month-8.94%
2 Year42.66%
3 Year75.61%
5 Year217.57%
10 Year693.05%
15 Year989.85%
Volatility
ATR(14)1.57
ATR(20)%2.5%
ATR Inc-16.77%
Range Today1.25
ADR(20)1.72
ADR(20)%2.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.03
Mansfield-0.63
10 Day High74.94
10 Day Low70.82
20 Day High74.94
20 Day Low64.85
52 Week High90.13
52 Week Low62.66
CS1 End67.94
CR1 Start73.13
Volume & EV
DER(3)0.02%
DER(5)0.54%
Volume309.50K
Volume Incr-42.84%
Vol(5)254.72K
Vol(50)422.05K