CBIZ INC (CBZ) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:CBZ • US1248051021
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.
- 93% of all other stocks performed better in the past year than CBZ.
- CBZ is part of the Professional Services industry. There are 89 other stocks in this industry, of which 68% are performing better than CBZ.
- 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.
- In the last month CBZ has a been trading in the 35.88 - 55.08 range, which is quite wide. It is currently trading near the lows of this range.
- Volume is considerably higher in the last couple of days.
CBZ has a poor technical rating and the quality of the setup is also not perfect 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
37.89
We can see 5 important resistance areas.
- Resistance @40.60 from a horizontal line in the daily time frame.
- A resistance zone ranging from 50.91 to 51.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @53.75 from a horizontal line in the daily time frame.
- Resistance @55.50 from a horizontal line in the daily time frame.
- Resistance @65.92 from a trend 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 | 7.7 | NEGATIVE | CBZ has a low relative strength, it was outperformed by 92.3% 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) | 30.81 | NEUTRAL | The RSI value for CBZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.34 | NEGATIVE | The MACD value suggests CBZ has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.78 | OVERSOLD | The low Stochastics value suggests CBZ may be oversold. |
| Average True Range in percent/ATR (20) | 5.92 | HIGH VOLATILITY | The high ATR as a percentage value for CBZ suggests high volalility. |
| Average Directional Index/ADX (14) | 40.95 | POSITIVE | The high ADX value value for CBZ suggests a strong trend. |
38.27
+0.06 (+0.16%)
CBIZ INC / CBZ 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 CBZ stock?
CBIZ INC (CBZ) has an RSI value of 30.8088. This indicates that the stock is currently neutral.
What is the MACD signal for CBIZ INC (CBZ) stock?
The MACD indicator for CBIZ INC (CBZ) has a value of -0.342025, indicating a bearish trend.
What are the support and resistance levels for CBIZ INC (CBZ) stock?
CBIZ INC (CBZ) has a resistance level at 40.6. Check the full technical report for our detailed analysis of CBZ support and resistance levels.