CNB FINANCIAL CORP/PA (CCNE) Stock Technical Analysis
NASDAQ:CCNE - Nasdaq - US1261281075 - Common Stock - Currency: USD
Overall CCNE gets a technical rating of 1 out of 10. CCNE has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
CCNE is part of the Banks industry. There are 396 other stocks in this industry, of which 72% are performing better than CCNE.
CCNE is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CCNE is lagging the market.
In the last month CCNE has a been trading in the 21.25 - 23.57 range, which is quite wide. It is currently trading near the lows of this range.
When compared to the yearly performance of all other stocks, CCNE outperforms 53% of them, which is more or less in line with the market.
The technical rating of CCNE is bad and it also does not present a quality setup 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
20.07
23.74
2 important support areas can be observed.
- Support @20.60 from a trend line in the weekly time frame.
- A support zone ranging from 20.27 to 20.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 21.85 to 22.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 23.24 to 23.50. 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 | DOWN | NEGATIVE | The long term trend for CCNE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CCNE is down. |
| ChartMill Relative Strength | 53.31 | NEUTRAL | CCNE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CCNE is below a declining 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) | DOWN | NEGATIVE | The current price of CCNE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.3 | NEUTRAL | The RSI value for CCNE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests CCNE has a negative trend. |
| Stochastics (14,3) | 11.98 | OVERSOLD | The low Stochastics value suggests CCNE may be oversold. |
| 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) | 13.77 | NEGATIVE | The low ADX value for CCNE suggests a weak or negative 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 (6/5/2025, 11:42:46 AM)
21.35
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0%
1 Week-3.13%
2 Weeks-6.36%
1 Month-4.6%
3 Month-8.53%
6 Month-22.34%
12 Month12.31%
2 Year20.96%
3 Year-11.74%
5 Year19.07%
10 Year16.03%
15 Year94.44%
Volatility
ATR(14)0.47
ATR(20)%2.33%
ATR Inc33.76%
Range Today0.22
ADR(20)0.43
ADR(20)%2.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.31
Mansfield-1.35
10 Day High22.72
10 Day Low21.25
20 Day High23.57
20 Day Low21.25
52 Week High29.29
52 Week Low18.6
CS1 End20.6
CR1 Start21.85
Volume & EV
DER(3)0.4%
DER(5)-1.97%
Volume21.34K
Volume Incr-13.01%
Vol(5)57.56K
Vol(50)73.65K