CF BANKSHARES INC (CFBK) Stock Technical Analysis
NASDAQ:CFBK - Nasdaq - US12520L1098 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to CFBK. CFBK has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Warning: CFBK has an average volume of 14332 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
CFBK is part of the Banks industry. There are 397 other stocks in this industry. CFBK outperforms 72% of them.
CFBK is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Looking at the yearly performance, CFBK did better than 85% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
CFBK is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
CFBK has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 23.80. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 23.76, a Stop Loss order could be placed below this zone. 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
19.68
24.12
When analyzing the support we can see 3 important areas.
- A support zone ranging from 23.48 to 23.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 22.12 to 22.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @19.88 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 23.80 to 23.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.75
Mansfield0.54
10 Day High24.23
10 Day Low22.69
20 Day High24.23
20 Day Low19.64
52 Week High31.17
52 Week Low16.92
Performance
1 Week-0.13%
2 Weeks3.35%
1 Month17.64%
3 Month-3.8%
6 Month-19.56%
12 Month26.57%
2 Year47.27%
3 Year11.91%
5 Year124.25%
10 Year210.92%
15 Year-45.98%
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)
Technical Indicators
MACD(12,26,9)0.17
RSI(14)66.88
LBB22.08
UBB24.35
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 23.89 | 23.47 | 0.42 (1.76%) | 25.00% |
| An entry @23.89. This is a Buy Stop order right above the resistance zone. | An exit @23.47. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.42 points, which is 1.76%. | For a 0.44% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of CFBK. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:CFBK (5/9/2025, 8:00:00 PM)
23.77
+0.01 (+0.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.04%
1 Week-0.13%
2 Weeks3.35%
1 Month17.64%
3 Month-3.8%
6 Month-19.56%
12 Month26.57%
2 Year47.27%
3 Year11.91%
5 Year124.25%
10 Year210.92%
15 Year-45.98%
Volatility
ATR(14)0.56
ATR(20)%2.29%
ATR Inc15.56%
Range Today0.75
ADR(20)0.5
ADR(20)%2.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.75
Mansfield0.54
10 Day High24.23
10 Day Low22.69
20 Day High24.23
20 Day Low19.64
52 Week High31.17
52 Week Low16.92
CS1 End23.76
CR1 Start23.8
Volume & EV
DER(3)-1.03%
DER(5)-1.28%
Volume8.50K
Volume Incr15.41%
Vol(5)18.76K
Vol(50)14.33K