CULLEN/FROST BANKERS INC (CFR) Stock Technical Analysis
USA - NYSE:CFR - US2298991090 - Common Stock
128.74 USD
+2.55 (+2.02%)
128.74 USD
0 (0%)
Overall CFR gets a technical rating of 4 out of 10. 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.
CFR is part of the Banks industry. There are 392 other stocks in this industry, of which 63% are performing better than CFR.
In the last month CFR has a been trading in the 124.29 - 132.83 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.
When compared to the yearly performance of all other stocks, CFR outperforms 55% of them, which is more or less in line with the market.
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.
CFR has only a medium 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 132.61. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 128.73, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CFR in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
112.57
146.51
We found 3 important support areas.
- A support zone ranging from 127.15 to 128.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 122.00 to 123.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @113.71 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- Resistance @132.61 from a horizontal line in the daily time frame.
- Resistance @136.11 from a trend line in the daily time frame.
- 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 | NEUTRAL | NEUTRAL | The short term trend for CFR is neutral. |
| ChartMill Relative Strength | 55.75 | NEUTRAL | CFR is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of CFR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CFR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.45 | NEUTRAL | The RSI value for CFR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests CFR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.05 | NEUTRAL | The Stochastics value for CFR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.94 | LOW VOLATILITY | The low ATR as a percentage value for CFR suggests low volalility. |
| Average Directional Index/ADX (14) | 16.33 | 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)
128.74
+2.55 (+2.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg2.02%
1 Week0.57%
2 Weeks-1.13%
1 Month1.76%
3 Month3.36%
6 Month5.01%
12 Month12.69%
2 Year41.15%
3 Year-2.63%
5 Year101.31%
10 Year102.49%
15 Year138.98%
Volatility
ATR(14)2.62
ATR(20)%1.94%
ATR Inc41.54%
Range Today3.15
ADR(20)2.46
ADR(20)%1.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.75
Mansfield-1.05
10 Day High131.52
10 Day Low124.29
20 Day High132.83
20 Day Low124.29
52 Week High147.64
52 Week Low100.31
CS1 End128.73
CR1 Start132.61
Volume & EV
DER(3)3.73%
DER(5)2.78%
Volume336.20K
Volume Incr-20.42%
Vol(5)364.46K
Vol(50)437.01K