CULLEN/FROST BANKERS INC (CFR) Stock Technical Analysis
NYSE:CFR - New York Stock Exchange, Inc. - US2298991090 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to CFR. CFR 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.
In the last month CFR has a been trading in the 122.12 - 140.27 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the performance of all stocks over the past year, CFR turns out to be only a medium performer in the overall market: it outperformed 63% of all stocks.
CFR is part of the Banks industry. There are 392 other stocks in this industry, CFR did better than 62% of them.
CFR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CFR is lagging the market.
The technical rating of CFR is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
105.85
145.20
When analyzing the support we can see 3 important areas.
- Support @124.20 from a horizontal line in the daily time frame.
- Support @110.79 from a trend line in the weekly time frame.
- Support @106.92 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 129.12 to 134.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 137.79 to 138.75. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 142.32 to 143.76. 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 CFR is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CFR is down. |
| ChartMill Relative Strength | 63.88 | NEUTRAL | CFR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CFR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CFR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CFR is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 34.31 | NEUTRAL | The RSI value for CFR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.69 | NEGATIVE | The MACD value suggests CFR has a negative trend. |
| Stochastics (14,3) | 11.65 | OVERSOLD | The low Stochastics value suggests CFR may be oversold. |
| Average True Range in percent/ATR (20) | 2.3 | MEDIUM VOLATILITY | The ATR as a percentage value for CFR suggests some volalility. |
| Average Directional Index/ADX (14) | 24.36 | NEUTRAL | The ADX value for CFR suggests a possible start of a new 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)
125.53
+1.33 (+1.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.07%
1 Week-7.21%
2 Weeks-8.65%
1 Month-7.15%
3 Month0.56%
6 Month-10.72%
12 Month18.81%
2 Year32.79%
3 Year-3.41%
5 Year80.72%
10 Year94.14%
15 Year144.94%
Volatility
ATR(14)3.09
ATR(20)%2.3%
ATR Inc42%
Range Today3.07
ADR(20)2.73
ADR(20)%2.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.88
Mansfield-0.85
10 Day High138.82
10 Day Low122.12
20 Day High140.27
20 Day Low122.12
52 Week High147.64
52 Week Low100.31
CS1 End124.2
CR1 Start129.12
Volume & EV
DER(3)0.81%
DER(5)0.85%
Volume556.90K
Volume Incr86.96%
Vol(5)642.18K
Vol(50)365.24K