CITY HOLDING CO (CHCO) Technical Analysis
NASDAQ:CHCO • US1778351056
Current stock price
CHCO Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to CHCO. CHCO has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- CHCO is one of the lesser performing stocks in the Banks industry. 75% of 380 stocks in the same industry do better.
- In the last month CHCO has a been trading in the 113.21 - 122.27 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been consolidating recently, this may present a good entry opportunity.
- When comparing the performance of all stocks over the past year, CHCO turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
- CHCO 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 CHCO is lagging the market slightly.
CHCO Weekly and Daily overview Charts
CHCO Setup Rating and Analysis
CHCO has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 124.40. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 118.89, a Stop Loss order could be placed below this zone.
More info and screens
CHCO Support and Resistance Analysis
115.31
We found 1 important support area.
- A support zone ranging from 116.47 to 118.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 124.40 to 133.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
CHCO Technical Indicator Signal Analysis
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 CHCO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CHCO is neutral. |
| ChartMill Relative Strength | 49.75 | NEUTRAL | CHCO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CHCO is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CHCO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CHCO is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.74 | NEUTRAL | The RSI value for CHCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.44 | POSITIVE | The MACD value suggests CHCO has a positive trend. |
| Stochastics (14,3) | 81.29 | OVERBOUGHT | The high Stochastics value suggests CHCO may be overbought. |
| Average True Range in percent/ATR (20) | 2.31 | MEDIUM VOLATILITY | The ATR as a percentage value for CHCO suggests some volalility. |
| Average Directional Index/ADX (14) | 20.8 | NEUTRAL | The ADX value for CHCO suggests a possible start of a new trend. |
CHCO Chart- and CandleStick Pattern Analysis
CHCO Technicals: Chart, Performance Metrics, Trend & Indicators
119.89
+0.44 (+0.37%)
CITY HOLDING CO / CHCO TA FAQ
What is the technical rating for CHCO stock?
ChartMill assigns a technical rating of 1 / 10 to CHCO.
What is the current trend direction of CITY HOLDING CO (CHCO) stock?
The current trend direction for CITY HOLDING CO (CHCO) is Bearish.
What is the RSI signal for CITY HOLDING CO (CHCO) stock?
CITY HOLDING CO (CHCO) has an RSI value of 49.7441. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CITY HOLDING CO?
The MACD indicator for CITY HOLDING CO (CHCO) has a value of 0.440909, indicating a bearish trend.