CBIZ INC (CBZ) Technical Analysis
NYSE:CBZ • US1248051021
Current stock price
CBZ Technical Rating and Analysis
We assign a technical rating of 1 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.
- 97% of all other stocks performed better in the past year than CBZ.
- CBZ is part of the Professional Services industry. There are 86 other stocks in this industry, of which 82% 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.
- CBZ has an average volume of 1389770 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 - 29.71 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. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
CBZ Support and Resistance Analysis
24.89
We found 1 important support area.
- Support @25.14 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 27.13 to 27.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @28.28 from a horizontal line in the daily time frame.
- A resistance zone ranging from 42.26 to 42.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | 3.96 | NEGATIVE | CBZ has a low relative strength, it was outperformed by 96.04% 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) | 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) | 44.89 | NEUTRAL | The RSI value for CBZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.43 | POSITIVE | The MACD value suggests CBZ has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 57.5 | NEUTRAL | The Stochastics value for CBZ is a neutral value. |
| Average True Range in percent/ATR (20) | 5.06 | HIGH VOLATILITY | The high ATR as a percentage value for CBZ suggests high volalility. |
| Average Directional Index/ADX (14) | 23.49 | NEUTRAL | The ADX value for CBZ suggests a possible start of a new trend. |
CBZ Chart- and CandleStick Pattern Analysis
CBZ Technicals: Chart, Performance Metrics, Trend & Indicators
27.03
-0.57 (-2.07%)
CBIZ INC / CBZ TA FAQ
Can you provide the ChartMill technical rating for CBIZ INC?
ChartMill assigns a technical rating of 1 / 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 44.8862. 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 27.13. Check the full technical report for our detailed analysis of CBZ support and resistance levels.