CNB FINANCIAL CORP/PA (CCNE) Stock Technical Analysis
NASDAQ:CCNE - US1261281075 - Common Stock
26.31 USD
-0.21 (-0.79%)
26.31 USD
0 (0%)
We assign a technical rating of 8 out of 10 to CCNE. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CCNE is only an average performer.
The long and short term trends are both positive. This is looking good!
In the last month CCNE has a been trading in the 21.63 - 26.95 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that CCNE is one of the better performing stocks in the market, outperforming 75% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
CCNE is an average performer in the Banks industry, it outperforms 67% of 395 stocks in the same industry.
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.
Considerably lower volume is observed in the last couple of days.
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
20.83
26.57
We found 3 important support areas.
- Support @22.71 from a trend line in the weekly time frame.
- Support @22.05 from a trend line in the daily time frame.
- A support zone ranging from 21.04 to 21.35. 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 | 75.13 | POSITIVE | CCNE has a high relative strength, it outperformed 75.13% 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) | DOWN | MIXED | The current price of CCNE is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 66.74 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 91.1 | OVERBOUGHT | The high Stochastics value suggests CCNE may be overbought. |
| Average True Range in percent/ATR (20) | 2.41 | MEDIUM VOLATILITY | The ATR as a percentage value for CCNE suggests some volalility. |
| Average Directional Index/ADX (14) | 33.76 | 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)
26.31
-0.21 (-0.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.79%
1 Week-0.04%
2 Weeks4.86%
1 Month17.04%
3 Month21.41%
6 Month5.45%
12 Month8.23%
2 Year44.48%
3 Year-0.04%
5 Year64.95%
10 Year54.31%
15 Year105.39%
Volatility
ATR(14)0.63
ATR(20)%2.41%
ATR Inc-28.76%
Range Today0.47
ADR(20)0.62
ADR(20)%2.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.13
Mansfield-0.01
10 Day High26.95
10 Day Low24.59
20 Day High26.95
20 Day Low21.63
52 Week High29.29
52 Week Low19.32
CS1 End22.71
CR1 StartN/A
Volume & EV
DER(3)-3.44%
DER(5)-2.29%
Volume97.40K
Volume Incr-53.13%
Vol(5)87.16K
Vol(50)140.06K