CF BANKSHARES INC (CFBK) Stock Technical Analysis
NASDAQ:CFBK - Nasdaq - US12520L1098 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to CFBK. In the last year, CFBK was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
Warning: CFBK has an average volume of 24220 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 neutral. This gives a pretty neutral overall picture!
When compared to the yearly performance of all other stocks, CFBK outperforms 53% of them, which is more or less in line with the market.
CFBK is part of the Banks industry. There are 392 other stocks in this industry, CFBK did better than 52% of them.
CFBK is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CFBK is lagging the market.
In the last month CFBK has a been trading in a tight range between 23.25 and 24.39.
Considerably lower volume is observed in the last couple of days.
CFBK has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 23.77. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 23.68, a Stop Loss order could be placed below this zone.
More info and screens
20.39
25.18
We found 2 important support areas.
- A support zone ranging from 23.30 to 23.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @20.60 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 23.77 to 24.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @24.93 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 CFBK is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CFBK is neutral. |
| ChartMill Relative Strength | 53.01 | NEUTRAL | CFBK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CFBK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CFBK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CFBK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.48 | NEUTRAL | The RSI value for CFBK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests CFBK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 43.2 | NEUTRAL | The Stochastics value for CFBK is a neutral value. |
| Average True Range in percent/ATR (20) | 1.62 | LOW VOLATILITY | The low ATR as a percentage value for CFBK suggests low volalility. |
| Average Directional Index/ADX (14) | 19.48 | NEGATIVE | The low ADX value for CFBK 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)
23.72
-0.05 (-0.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.21%
1 Week0.51%
2 Weeks-0.63%
1 Month-1.9%
3 Month-0.21%
6 Month-4.01%
12 Month11.26%
2 Year29.33%
3 Year12.42%
5 Year115.64%
10 Year214.8%
15 Year-17.06%
Volatility
ATR(14)0.38
ATR(20)%1.62%
ATR Inc4.92%
Range Today0.28
ADR(20)0.38
ADR(20)%1.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.01
Mansfield-0.75
10 Day High24.1
10 Day Low23.25
20 Day High24.39
20 Day Low23.25
52 Week High31.17
52 Week Low19.22
CS1 End23.68
CR1 Start23.77
Volume & EV
DER(3)2.7%
DER(5)1.32%
Volume7.50K
Volume Incr-37.65%
Vol(5)11.02K
Vol(50)24.22K