CNB FINANCIAL CORP/PA (CCNE) Stock Technical Analysis
NASDAQ:CCNE - Nasdaq - US1261281075 - Common Stock - Currency: USD
Overall CCNE gets a technical rating of 7 out of 10. CCNE has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
CCNE is one of the lesser performing stocks in the Banks industry. 70% of 394 stocks in the same industry do better.
Both the short term and long term trends are positive. This is a very positive sign.
CCNE is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When compared to the yearly performance of all other stocks, CCNE outperforms 51% of them, which is more or less in line with the market.
CCNE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CCNE is lagging the market.
Although CCNE has an excellent technical rating, the quality of the presented setup is not ideal 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
20.61
24.65
When analyzing the support we can see 3 important areas.
- Support @22.03 from a trend line in the daily time frame.
- A support zone ranging from 21.35 to 21.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @20.82 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 24.23 to 24.41. 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 CCNE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CCNE is up. |
| ChartMill Relative Strength | 51.19 | 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) | UP | POSITIVE | The current price of CCNE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CCNE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 64.92 | NEUTRAL | The RSI value for CCNE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests CCNE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.42 | OVERBOUGHT | The high Stochastics value suggests CCNE may be overbought. |
| Average True Range in percent/ATR (20) | 2.33 | MEDIUM VOLATILITY | The ATR as a percentage value for CCNE suggests some volalility. |
| Average Directional Index/ADX (14) | 36.43 | POSITIVE | The high ADX value value for CCNE suggests a strong trend. |
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)
NASDAQ:CCNE (7/15/2025, 12:26:49 PM)
24.09
-0.19 (-0.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.78%
1 Week0.87%
2 Weeks6.07%
1 Month9.27%
3 Month13.62%
6 Month-0.12%
12 Month1.12%
2 Year24.77%
3 Year-5.89%
5 Year48.68%
10 Year39.7%
15 Year101.16%
Volatility
ATR(14)0.52
ATR(20)%2.33%
ATR Inc22.91%
Range Today0.25
ADR(20)0.55
ADR(20)%2.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.19
Mansfield-0.63
10 Day High24.5
10 Day Low22.81
20 Day High24.5
20 Day Low21.43
52 Week High29.29
52 Week Low19.32
CS1 End24.23
CR1 Start24.41
Volume & EV
DER(3)-2.19%
DER(5)-1.72%
Volume33.17K
Volume Incr72.57%
Vol(5)119.68K
Vol(50)72.20K