CNB FINANCIAL CORP/PA (CCNE) Stock Technical Analysis
USA - NASDAQ:CCNE - US1261281075 - Common Stock
Overall CCNE gets a technical rating of 4 out of 10. CCNE has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
CCNE has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 24.38. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 23.19, a Stop Loss order could be placed below this zone.
More info and screens
20.98
When analyzing the support we can see 2 important areas.
- A support zone ranging from 22.79 to 23.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 21.19 to 21.35. 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 24.38 to 24.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 25.86 to 26.78. 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 | NEUTRAL | NEUTRAL | The long term trend for CCNE is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CCNE is neutral. |
| ChartMill Relative Strength | 44.08 | 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) | DOWN | NEGATIVE | The current price of CCNE is below a declining 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) | 48.27 | 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) | 73.36 | NEUTRAL | The Stochastics value for CCNE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.82 | MEDIUM VOLATILITY | The ATR as a percentage value for CCNE suggests some volalility. |
| Average Directional Index/ADX (14) | 12.69 | NEGATIVE | The low ADX value for CCNE suggests a weak or negative trend. |
24.29
-0.16 (-0.65%)
CNB FINANCIAL CORP/PA / CCNE FAQ
What is the technical rating for CCNE stock?
ChartMill assigns a technical rating of 4 / 10 to CCNE.
What is the trend direction for CCNE stock?
The current trend direction for CNB FINANCIAL CORP/PA (CCNE) is Bearish.
What is the RSI signal for CNB FINANCIAL CORP/PA (CCNE) stock?
CNB FINANCIAL CORP/PA (CCNE) has an RSI value of 48.2713. 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 0.0950543, indicating a bearish trend.
What is the support and resistance level for CCNE stock?
CNB FINANCIAL CORP/PA (CCNE) has a support level at 23.19 and a resistance level at 24.38. Check the full technical report for our detailed analysis of CCNE support and resistance levels.