CITY HOLDING CO (CHCO) Stock Technical Analysis
USA - NASDAQ:CHCO - US1778351056 - Common Stock
Taking everything into account, CHCO scores 2 out of 10 in our technical rating. CHCO'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.
CHCO has a bad 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 121.76. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 120.31, a Stop Loss order could be placed below this zone.
More info and screens
114.71
When analyzing the support we can see 2 important areas.
- A support zone ranging from 118.35 to 120.31. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 115.87 to 116.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 121.76 to 124.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 128.88 to 131.79. 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 CHCO is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CHCO is neutral. |
| ChartMill Relative Strength | 31.06 | NEUTRAL | CHCO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CHCO is above the rising 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) | 49.2 | NEUTRAL | The RSI value for CHCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.32 | POSITIVE | The MACD value suggests CHCO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 60.17 | NEUTRAL | The Stochastics value for CHCO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.02 | MEDIUM VOLATILITY | The ATR as a percentage value for CHCO suggests some volalility. |
| Average Directional Index/ADX (14) | 10.43 | NEGATIVE | The low ADX value for CHCO suggests a weak or negative trend. |
120.59
-0.1 (-0.08%)
CITY HOLDING CO / CHCO FAQ
What is the technical rating for CHCO stock?
ChartMill assigns a technical rating of 2 / 10 to CHCO.
What is the trend direction for 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 49.1997. This indicates that the stock is currently neutral.
What is the MACD signal for CHCO stock?
The MACD indicator for CITY HOLDING CO (CHCO) has a value of 0.315989, indicating a bearish trend.
What are the support and resistance levels for CITY HOLDING CO (CHCO) stock?
CITY HOLDING CO (CHCO) has a support level at 120.31 and a resistance level at 121.76. Check the full technical report for our detailed analysis of CHCO support and resistance levels.