CULLEN/FROST BANKERS INC (CFR) Stock Technical Analysis
NYSE:CFR - New York Stock Exchange, Inc. - US2298991090 - Common Stock - Currency: USD
Overall CFR gets a technical rating of 6 out of 10. CFR has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
CFR 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, CFR did better than 78% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
CFR is an average performer in the Banks industry, it outperforms 64% of 396 stocks in the same industry.
CFR 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 CFR is lagging the market slightly.
CFR has only a medium technical rating, but it does show a decent setup pattern. 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. There is a support zone below the current price at 126.36, a Stop Loss order could be placed below this zone.
More info and screens
104.69
146.51
3 important support areas can be observed.
- A support zone ranging from 124.95 to 126.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 107.98 to 108.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @105.75 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 127.43 to 128.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 142.32 to 145.06. 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 | UP | POSITIVE | The short term trend for CFR is up. |
| ChartMill Relative Strength | 78.94 | POSITIVE | CFR has a high relative strength, it outperformed 78.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CFR is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CFR is above the rising 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) | 51.29 | NEUTRAL | The RSI value for CFR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.64 | NEGATIVE | The MACD value suggests CFR has a negative trend. |
| Stochastics (14,3) | 39.19 | NEUTRAL | The Stochastics value for CFR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.17 | MEDIUM VOLATILITY | The ATR as a percentage value for CFR suggests some volalility. |
| Average Directional Index/ADX (14) | 19.83 | NEGATIVE | The low ADX value for CFR 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)
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 |
|---|---|---|---|
| 128.95 | 124.94 | 4.01 (3.11%) | 25.00% |
| An entry @128.95. This is a Buy Stop order right above the resistance zone. | An exit @124.94. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.01 points, which is 3.11%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.78%. |
- The distance between exit and entry is rather small compared to the average daily movement of CFR. 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.
126.37
-0.16 (-0.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.13%
1 Week-2.14%
2 Weeks-0.17%
1 Month3.08%
3 Month-2.14%
6 Month-8.6%
12 Month25.49%
2 Year17.52%
3 Year8.52%
5 Year69.15%
10 Year60.82%
15 Year145.86%
Volatility
ATR(14)2.73
ATR(20)%2.17%
ATR Inc-34.6%
Range Today1.59
ADR(20)2.35
ADR(20)%1.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.94
Mansfield-0.05
10 Day High130.35
10 Day Low123.77
20 Day High131.82
20 Day Low123.12
52 Week High147.64
52 Week Low94.09
CS1 End126.36
CR1 Start127.43
Volume & EV
DER(3)-0.39%
DER(5)-0.04%
Volume304.06K
Volume Incr-5.33%
Vol(5)349.68K
Vol(50)445.00K