CROSSFIRST BANKSHARES INC (CFB) Stock Technical Analysis
NASDAQ:CFB - Nasdaq - US22766M1099 - Common Stock - Currency: USD
Taking everything into account, CFB scores 3 out of 10 in our technical rating. Although CFB is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
CFB is one of the better performing stocks in the Banks industry, it outperforms 79% of 395 stocks in the same industry.
In the last month CFB has a been trading in the 15.35 - 16.96 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.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the yearly performance of all stocks, we notice that CFB is one of the better performing stocks in the market, outperforming 82% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
CFB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CFB is lagging the market.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, CFB does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
13.81
18.61
When analyzing the support we can see 3 important areas.
- Support @15.99 from a trend line in the weekly time frame.
- A support zone ranging from 14.43 to 14.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 13.95 to 14.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 15.99 to 16.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 17.37 to 17.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 17.96 to 17.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @18.43 from a horizontal line in the daily time frame.
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 CFB is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CFB is neutral. |
| ChartMill Relative Strength | 82.95 | POSITIVE | CFB has a high relative strength, it outperformed 82.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CFB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CFB is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CFB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.55 | NEUTRAL | The RSI value for CFB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests CFB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 29.23 | NEUTRAL | The Stochastics value for CFB is a neutral value. |
| Average True Range in percent/ATR (20) | 3.37 | MEDIUM VOLATILITY | The ATR as a percentage value for CFB suggests some volalility. |
| Average Directional Index/ADX (14) | 17.56 | NEGATIVE | The low ADX value for CFB 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)
15.99
+0.02 (+0.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.13%
1 Week-0.93%
2 Weeks-4.31%
1 Month-1.54%
3 Month-7.63%
6 Month-8.1%
12 Month26%
2 Year13%
3 Year1.65%
5 Year20.68%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.48
ATR(20)%3.37%
ATR Inc-5.74%
Range Today0.49
ADR(20)0.52
ADR(20)%3.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.95
Mansfield-0.16
10 Day High16.89
10 Day Low15.49
20 Day High16.96
20 Day Low15.35
52 Week High19.22
52 Week Low10.64
CS1 End15.99
CR1 Start15.99
Volume & EV
DER(3)2.91%
DER(5)1.16%
Volume1.82M
Volume Incr154.03%
Vol(5)590.56K
Vol(50)243.45K