CBIZ INC (CBZ) Technical Analysis
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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 96% of all other stocks performed better in the past year than CBZ.
- CBZ is part of the Professional Services industry. There are 87 other stocks in this industry, of which 76% are performing better than CBZ.
- 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.
- In the last month CBZ has a been trading in the 26.97 - 38.57 range, which is quite wide. It is currently trading near the lows of this range.
- CBZ has an average volume of 1146700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CBZ has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. 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.
More info and screens
27.01
We found 1 important support area.
- Support @27.28 from a horizontal line in the daily time frame.
5 important resistance areas can be observed.
- Resistance @31.80 from a horizontal line in the daily time frame.
- A resistance zone ranging from 47.06 to 47.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @50.08 from a trend line in the daily time frame.
- Resistance @51.19 from a horizontal line in the daily time frame.
- Resistance @55.50 from a horizontal line in the daily 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 | 4.84 | NEGATIVE | CBZ has a low relative strength, it was outperformed by 95.16% 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) | 38.16 | NEUTRAL | The RSI value for CBZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.69 | POSITIVE | The MACD value suggests CBZ has a positive trend. |
| Stochastics (14,3) | 39.78 | NEUTRAL | The Stochastics value for CBZ is a neutral value. |
| Average True Range in percent/ATR (20) | 7.61 | HIGH VOLATILITY | The high ATR as a percentage value for CBZ suggests high volalility. |
| Average Directional Index/ADX (14) | 41.83 | POSITIVE | The high ADX value value for CBZ suggests a strong trend. |
CBZ Technicals: Chart, Performance Metrics, Trend & Indicators
29.16
-0.03 (-0.1%)
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 38.1617. 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 0.693299, indicating a bearish trend.
What are the support and resistance levels for CBIZ INC (CBZ) stock?
CBIZ INC (CBZ) has a support level at 27.28 and a resistance level at 31.8. Check the full technical report for our detailed analysis of CBZ support and resistance levels.