CULLEN/FROST BANKERS INC (CFR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CFR - US2298991090 - Common Stock
Overall CFR gets a technical rating of 8 out of 10. Although CFR is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although CFR has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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117.06
2 important support areas can be observed.
- A support zone ranging from 122.49 to 130.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 118.24 to 119.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- 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 | UP | POSITIVE | The long term trend for CFR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CFR is up. |
| ChartMill Relative Strength | 53.67 | NEUTRAL | CFR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CFR is above 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 | POSITIVE | The current price of CFR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.09 | NEUTRAL | The RSI value for CFR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.5 | POSITIVE | The MACD value suggests CFR has a positive trend. |
| Stochastics (14,3) | 93.76 | OVERBOUGHT | The high Stochastics value suggests CFR may be overbought. |
| Average True Range in percent/ATR (20) | 1.85 | LOW VOLATILITY | The low ATR as a percentage value for CFR suggests low volalility. |
| Average Directional Index/ADX (14) | 21.23 | NEUTRAL | The ADX value for CFR suggests a possible start of a new trend. |
134.61
-0.43 (-0.32%)
CULLEN/FROST BANKERS INC / CFR FAQ
What is the ChartMill technical rating of CULLEN/FROST BANKERS INC (CFR) stock?
ChartMill assigns a technical rating of 8 / 10 to CFR.
What is the trend direction for CFR stock?
The current trend direction for CULLEN/FROST BANKERS INC (CFR) is Bullish.
What is the RSI signal for CFR stock?
CULLEN/FROST BANKERS INC (CFR) has an RSI value of 69.0902. This indicates that the stock is currently neutral.
What is the short term momentum for CULLEN/FROST BANKERS INC (CFR) stock?
The short term momentum for CULLEN/FROST BANKERS INC (CFR) is positive.
What is the buy/sell signal for CULLEN/FROST BANKERS INC (CFR) stock?
The buy/sell signal for CULLEN/FROST BANKERS INC (CFR) is buy as both the short term and long term trends are positive.