CNB FINANCIAL CORP/PA (CCNE) Technical Analysis
NASDAQ:CCNE • US1261281075
Current stock price
CCNE Technical Rating and Analysis
Taking everything into account, CCNE scores 10 out of 10 in our technical rating. 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.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that CCNE is one of the better performing stocks in the market, outperforming 82% of all stocks. On top of that, CCNE also shows a nice and consistent pattern of rising prices.
- CCNE is one of the better performing stocks in the Banks industry, it outperforms 84% of 380 stocks in the same industry.
- CCNE is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CCNE is performing more or less in line with the market.
- In the last month CCNE has a been trading in the 26.25 - 29.75 range, which is quite wide. It is currently trading near the high of this range.
CCNE Weekly and Daily overview Charts
CCNE Setup Rating and Analysis
CCNE has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
CCNE Support and Resistance Analysis
25.40
When analyzing the support we can see 3 important areas.
- A support zone ranging from 27.61 to 28.56. This zone is formed by a combination of multiple trend lines and important moving averages 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 @25.66 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 29.98 to 29.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 82.08 | POSITIVE | CCNE has a high relative strength, it outperformed 82.08% 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) | 63.72 | NEUTRAL | The RSI value for CCNE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests CCNE has a positive trend. |
| Stochastics (14,3) | 88.72 | OVERBOUGHT | The high Stochastics value suggests CCNE may be overbought. |
| Average True Range in percent/ATR (20) | 2.68 | MEDIUM VOLATILITY | The ATR as a percentage value for CCNE suggests some volalility. |
| Average Directional Index/ADX (14) | 13.58 | NEGATIVE | The low ADX value for CCNE suggests a weak or negative trend. |
CCNE Chart- and CandleStick Pattern Analysis
CCNE Example Setup
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 |
|---|---|---|---|
| 29.99 | 27.13 | 2.87 (9.55%) | 10.47% |
| An entry @29.99. This is a Buy Stop order right above the resistance zone. | An exit @27.13. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.87 points, which is 9.55%. | For a 1.00% total portfolio risk, you can invest 10.47% of your capital in this trade. |
- 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.
CCNE Technicals: Chart, Performance Metrics, Trend & Indicators
29.31
0 (0%)
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 63.7167. 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 0.200263, 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.