CNB FINANCIAL CORP/PA (CCNE) Technical Analysis
NASDAQ:CCNE • US1261281075
Current stock price
30.68 USD
+0.3 (+0.99%)
At close:
30.68 USD
0 (0%)
After Hours:
CCNE Technical Rating and Analysis
Overall CCNE gets a technical rating of 10 out of 10. Both in the recent history as in the last year, CCNE has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, CCNE did better than 79% 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 85% of 376 stocks in the same industry.
- CCNE is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CCNE is lagging the market slightly.
- In the last month CCNE has a been trading in the 29.21 - 31.80 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
CCNE Weekly and Daily overview Charts
CCNE Setup Rating and Analysis
Besides having an excellent technical rating, CCNE also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
CCNE Support and Resistance Analysis
25.81
31.66
When analyzing the support we can see 3 important areas.
- A support zone ranging from 28.45 to 28.67. 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 @26.07 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @30.74 from a trend line in the daily time frame.
- A resistance zone ranging from 31.31 to 31.35. 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 | 79.2 | POSITIVE | CCNE has a high relative strength, it outperformed 79.2% 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) | 55.67 | NEUTRAL | The RSI value for CCNE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests CCNE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 38.12 | NEUTRAL | The Stochastics value for CCNE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.66 | MEDIUM VOLATILITY | The ATR as a percentage value for CCNE suggests some volalility. |
| Average Directional Index/ADX (14) | 18.02 | 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 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 |
|---|---|---|---|
| 30.75 | 29.63 | 1.12 (3.64%) | 25.00% |
| An entry @30.75. This is a Buy Stop order right above the resistance zone. | An exit @29.63. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.12 points, which is 3.64%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.91%. |
- The distance between exit and entry is rather small compared to the average daily movement of CCNE. Please evaluate whether better entry and exit points can be found.
- 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
30.68
+0.3 (+0.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.99%
1 Week1.69%
2 Weeks-2.14%
1 Month4.67%
3 Month10.76%
6 Month24.72%
12 Month35.99%
2 Year58.14%
3 Year84.71%
5 Year26.2%
10 Year71.88%
15 Year121.04%
Volatility
ATR(14)0.84
ATR(20)%2.66%
ATR Inc4.04%
Range Today0.87
ADR(20)0.78
ADR(20)%2.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.2
3 months CRS82.72
6 months CRS86.33
Mansfield0.84
10 Day High31.55
10 Day Low29.64
20 Day High31.8
20 Day Low29.21
52 Week High31.8
52 Week Low21.19
CS1 End28.67
CR1 Start30.74
Volume & EV
DER(3)-2.83%
DER(5)-1.36%
Volume78.00K
Volume Incr-28.49%
Vol(5)116.68K
Vol(50)164.33K
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 55.6708. 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 -0.0954259, 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.