CNB FINANCIAL CORP/PA (CCNE) Technical Analysis
NASDAQ:CCNE • US1261281075
Current stock price
CCNE Technical Rating and Analysis
Overall CCNE gets a technical rating of 10 out of 10. 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!
- When comparing the yearly performance of all stocks, we notice that CCNE is one of the better performing stocks in the market, outperforming 79% of all 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 78% 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 27.77 - 31.80 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
Although CCNE has an excellent technical rating, it does not offer a high 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
CCNE Support and Resistance Analysis
25.71
3 important support areas can be observed.
- A support zone ranging from 28.08 to 28.26. 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 @25.97 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 31.35 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 | 79.21 | POSITIVE | CCNE has a high relative strength, it outperformed 79.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CCNE is below 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) | 51.71 | NEUTRAL | The RSI value for CCNE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests CCNE has a negative trend. |
| Stochastics (14,3) | 65.57 | NEUTRAL | The Stochastics value for CCNE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.4 | MEDIUM VOLATILITY | The ATR as a percentage value for CCNE suggests some volalility. |
| Average Directional Index/ADX (14) | 23.19 | NEUTRAL | The ADX value for CCNE suggests a possible start of a new trend. |
CCNE Chart- and CandleStick Pattern Analysis
CCNE Technicals: Chart, Performance Metrics, Trend & Indicators
29.9
-1.08 (-3.49%)
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 51.7122. 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 -0.0175471, 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.