CNB FINANCIAL CORP/PA (CCNE) Stock Technical Analysis
USA - NASDAQ:CCNE - US1261281075 - Common Stock
Taking everything into account, CCNE scores 4 out of 10 in our technical rating. CCNE has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
Although the technical rating is only medium, CCNE does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 24.42, a Stop Loss order could be placed below this zone.
More info and screens
20.98
We found 3 important support areas.
- A support zone ranging from 24.20 to 24.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 22.83 to 23.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 21.19 to 21.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @24.65 from a horizontal line in the daily time frame.
- A resistance zone ranging from 25.86 to 26.21. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A resistance zone ranging from 26.66 to 26.78. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for CCNE is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CCNE is neutral. |
| ChartMill Relative Strength | 49.02 | NEUTRAL | CCNE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CCNE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CCNE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CCNE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.09 | NEUTRAL | The RSI value for CCNE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests CCNE has a positive trend. |
| Stochastics (14,3) | 70.79 | NEUTRAL | The Stochastics value for CCNE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.79 | MEDIUM VOLATILITY | The ATR as a percentage value for CCNE suggests some volalility. |
| Average Directional Index/ADX (14) | 12.2 | NEGATIVE | The low ADX value for CCNE suggests a weak or negative trend. |
24.6
+0.4 (+1.65%)
CNB FINANCIAL CORP/PA / CCNE FAQ
What is the technical rating for CCNE stock?
ChartMill assigns a technical rating of 4 / 10 to CCNE.
What is the trend direction for CCNE stock?
The current trend direction for CNB FINANCIAL CORP/PA (CCNE) is Bearish.
What is the RSI signal for CNB FINANCIAL CORP/PA (CCNE) stock?
CNB FINANCIAL CORP/PA (CCNE) has an RSI value of 52.0905. This indicates that the stock is currently neutral.
What is the MACD signal for CNB FINANCIAL CORP/PA (CCNE) stock?
The MACD indicator for CNB FINANCIAL CORP/PA (CCNE) has a value of 0.0884498, indicating a bearish trend.
What is the support and resistance level for CCNE stock?
CNB FINANCIAL CORP/PA (CCNE) has a support level at 24.42 and a resistance level at 24.65. Check the full technical report for our detailed analysis of CCNE support and resistance levels.