CNB FINANCIAL CORP/PA (CCNE) Technical Analysis
NASDAQ:CCNE • US1261281075
Current stock price
31.31 USD
+0.53 (+1.72%)
At close:
31.31 USD
0 (0%)
After Hours:
CCNE Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to CCNE. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CCNE is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, CCNE did better than 85% of all other stocks. We also observe that the gains produced by CCNE over the past year are nicely spread over this period.
- CCNE is one of the better performing stocks in the Banks industry, it outperforms 86% of 380 stocks in the same industry.
- CCNE is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so CCNE is leading the market.
- In the last month CCNE has a been trading in the 26.25 - 31.43 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
CCNE Weekly and Daily overview Charts
CCNE Setup Rating and Analysis
Although CCNE has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
CCNE Support and Resistance Analysis
25.50
31.62
We found 4 important support areas.
- A support zone ranging from 28.39 to 28.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 27.76 to 27.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 26.85 to 27.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @25.76 from a trend line in the weekly time frame.
CCNE 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 | UP | POSITIVE | The long term trend for CCNE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CCNE is up. |
| ChartMill Relative Strength | 85.06 | POSITIVE | CCNE has a high relative strength, it outperformed 85.06% off all stocks 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) | UP | POSITIVE | The current price of CCNE is above the rising 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) | 77.41 | OVERBOUGHT | The high RSI value suggests CCNE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.34 | POSITIVE | The MACD value suggests CCNE has a positive trend. |
| Stochastics (14,3) | 93.92 | OVERBOUGHT | The high Stochastics value suggests CCNE may be overbought. |
| Average True Range in percent/ATR (20) | 2.42 | MEDIUM VOLATILITY | The ATR as a percentage value for CCNE suggests some volalility. |
| Average Directional Index/ADX (14) | 19.37 | NEGATIVE | The low ADX value for CCNE suggests a weak or negative trend. |
CCNE Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
CCNE Technicals: Chart, Performance Metrics, Trend & Indicators
31.31
+0.53 (+1.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.72%
1 Week6.82%
2 Weeks9.78%
1 Month16.09%
3 Month19.37%
6 Month32.67%
12 Month51.84%
2 Year64.79%
3 Year66.9%
5 Year22.98%
10 Year75.01%
15 Year125.74%
Volatility
ATR(14)0.76
ATR(20)%2.42%
ATR Inc25.87%
Range Today0.92
ADR(20)0.71
ADR(20)%2.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.06
3 months CRS90.72
6 months CRS89.44
Mansfield1.78
10 Day High31.43
10 Day Low28.23
20 Day High31.43
20 Day Low26.25
52 Week High31.43
52 Week Low19.78
CS1 End28.63
CR1 StartN/A
Volume & EV
DER(3)-0.15%
DER(5)-0.14%
Volume163.20K
Volume Incr9.94%
Vol(5)196.32K
Vol(50)172.63K
CNB FINANCIAL CORP/PA / CCNE TA FAQ
What is the technical rating for CCNE stock?
ChartMill assigns a technical rating of 10 / 10 to CCNE.
What is the current trend direction of CNB FINANCIAL CORP/PA (CCNE) stock?
The current trend direction for CNB FINANCIAL CORP/PA (CCNE) is Bullish.
Can you provide the RSI signal for CNB FINANCIAL CORP/PA?
CNB FINANCIAL CORP/PA (CCNE) has an RSI value of 77.406. This indicates that the stock is currently overbought.
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 0.340604, indicating a bearish trend.
Can you provide the short term momentum for CNB FINANCIAL CORP/PA?
The short term momentum for CNB FINANCIAL CORP/PA (CCNE) is positive.