We assign a technical rating of 3 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.
- CHCO is part of the Banks industry. There are 383 other stocks in this industry, of which 67% are performing better than CHCO.
- In the last month CHCO has a been trading in the 118.43 - 126.85 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 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 53% of all stocks.
- CHCO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CHCO is lagging the market.
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 122.27. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 121.03, 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.
- Support @121.03 from a trend line in the daily time frame.
- A support zone ranging from 115.87 to 118.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 122.27 to 127.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 131.79 to 131.80. This zone is formed by a combination of multiple trend lines 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 | 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 | 53.1 | NEUTRAL | CHCO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CHCO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CHCO is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CHCO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.72 | NEUTRAL | The RSI value for CHCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CHCO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.64 | NEUTRAL | The Stochastics value for CHCO is a neutral value. |
| Average True Range in percent/ATR (20) | 2 | MEDIUM VOLATILITY | The ATR as a percentage value for CHCO suggests some volalility. |
| Average Directional Index/ADX (14) | 9.54 | NEGATIVE | The low ADX value for CHCO suggests a weak or negative trend. |
121.76
-1.52 (-1.23%)
CITY HOLDING CO / CHCO FAQ
What is the technical rating for CHCO stock?
ChartMill assigns a technical rating of 3 / 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 46.7154. 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 0.0133744, indicating a bearish trend.