We assign a technical rating of 7 out of 10 to CCBG. Although CCBG is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
CCBG has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 42.15, a Stop Loss order could be placed below this zone.
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33.32
When analyzing the support we can see 4 important areas.
- A support zone ranging from 41.66 to 42.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 40.59 to 40.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 38.50 to 39.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @33.66 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 43.40 to 44.03. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 44.93 to 45.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for CCBG is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CCBG is neutral. |
| ChartMill Relative Strength | 72.1 | POSITIVE | CCBG has a high relative strength, it outperformed 72.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CCBG is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CCBG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CCBG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.8 | NEUTRAL | The RSI value for CCBG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.29 | NEGATIVE | The MACD value suggests CCBG has a negative trend. |
| Stochastics (14,3) | 17.37 | OVERSOLD | The low Stochastics value suggests CCBG may be oversold. |
| Average True Range in percent/ATR (20) | 2.52 | MEDIUM VOLATILITY | The ATR as a percentage value for CCBG suggests some volalility. |
| Average Directional Index/ADX (14) | 15.23 | NEGATIVE | The low ADX value for CCBG suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 44.04 | 42.14 | 1.90 (4.31%) | 23.18% |
| An entry @44.04. This is a Buy Stop order right above the resistance zone. | An exit @42.14. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.90 points, which is 4.31%. | When investing 23.18% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
42.5
-0.22 (-0.51%)
CAPITAL CITY BANK GROUP INC / CCBG FAQ
What is the ChartMill technical rating of CAPITAL CITY BANK GROUP INC (CCBG) stock?
ChartMill assigns a technical rating of 7 / 10 to CCBG.
What is the trend direction for CCBG stock?
The current trend direction for CAPITAL CITY BANK GROUP INC (CCBG) is Bullish.
Can you provide the RSI signal for CAPITAL CITY BANK GROUP INC?
CAPITAL CITY BANK GROUP INC (CCBG) has an RSI value of 46.7967. This indicates that the stock is currently neutral.
What is the MACD signal for CAPITAL CITY BANK GROUP INC (CCBG) stock?
The MACD indicator for CAPITAL CITY BANK GROUP INC (CCBG) has a value of -0.286475, indicating a bearish trend.
What is the short term momentum for CCBG stock?
The short term momentum for CAPITAL CITY BANK GROUP INC (CCBG) is neutral.