CULLEN/FROST BANKERS INC (CFR) Stock Technical Analysis
USA - NYSE:CFR - US2298991090 - Common Stock
Overall CFR gets a technical rating of 0 out of 10. CFR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, CFR does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 123.80. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 122.00, a Stop Loss order could be placed below this zone.
More info and screens
114.26
We found 2 important support areas.
- A support zone ranging from 121.97 to 122.00. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @115.41 from a trend line in the weekly time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 123.80 to 128.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @131.94 from a horizontal line in the daily time frame.
- A resistance zone ranging from 134.21 to 135.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 138.75 to 138.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @142.32 from a horizontal line in the weekly 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 | DOWN | NEGATIVE | The long term trend for CFR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CFR is down. |
| ChartMill Relative Strength | 30.62 | 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) | DOWN | NEGATIVE | The current price of CFR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.62 | NEUTRAL | The RSI value for CFR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests CFR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.21 | NEUTRAL | The Stochastics value for CFR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.71 | MEDIUM VOLATILITY | The ATR as a percentage value for CFR suggests some volalility. |
| Average Directional Index/ADX (14) | 15.87 | NEGATIVE | The low ADX value for CFR suggests a weak or negative trend. |
123.14
-0.3 (-0.24%)
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 0 / 10 to CFR.
What is the current trend direction of CULLEN/FROST BANKERS INC (CFR) stock?
The current trend direction for CULLEN/FROST BANKERS INC (CFR) is Bearish.
What is the RSI signal for CFR stock?
CULLEN/FROST BANKERS INC (CFR) has an RSI value of 45.6239. 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 negative.
What is the support and resistance level for CFR stock?
CULLEN/FROST BANKERS INC (CFR) has a support level at 122 and a resistance level at 123.8. Check the full technical report for our detailed analysis of CFR support and resistance levels.