CROSSFIRST BANKSHARES INC (CFB) Technical Analysis
NASDAQ:CFB • US22766M1099
Current stock price
CFB Technical Rating and Analysis
Overall CFB gets a technical rating of 3 out of 10. 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 88% of 381 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.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- Looking at the yearly performance, CFB did better than 82% of all other 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 trading in the upper part of its 52 week range, so CFB is lagging the market slightly.
- Volume is considerably higher in the last couple of days.
CFB Weekly and Daily overview Charts
CFB Setup Rating and Analysis
Although the technical rating is bad, CFB does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. Another positive sign is the recent Pocket Pivot signal.
- 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
CFB Support and Resistance Analysis
13.81
3 important support areas can be observed.
- 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.
CFB 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 | 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. |
CFB Chart- and CandleStick Pattern Analysis
CFB Technicals: Chart, Performance Metrics, Trend & Indicators
15.99
+0.02 (+0.13%)
CROSSFIRST BANKSHARES INC / CFB TA FAQ
Can you provide the ChartMill technical rating for CROSSFIRST BANKSHARES INC?
ChartMill assigns a technical rating of 3 / 10 to CFB.
Can you provide the trend direction for CROSSFIRST BANKSHARES INC?
The current trend direction for CROSSFIRST BANKSHARES INC (CFB) is Bearish.
What is the RSI signal for CFB stock?
CROSSFIRST BANKSHARES INC (CFB) has an RSI value of 48.5452. This indicates that the stock is currently neutral.
What is the MACD signal for CROSSFIRST BANKSHARES INC (CFB) stock?
The MACD indicator for CROSSFIRST BANKSHARES INC (CFB) has a value of -0.0910761, indicating a bearish trend.