Overall CHCO gets a technical rating of 3 out of 10. 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 one of the lesser performing stocks in the Banks industry. 73% of 383 stocks in the same industry do better.
- 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.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- When compared to the yearly performance of all other stocks, CHCO outperforms 55% of them, which is more or less in line with the market.
- 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.
Although the technical rating is bad, CHCO does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 123.42, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
114.71
When analyzing the support we can see 2 important areas.
- A support zone ranging from 121.09 to 123.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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.
3 important resistance areas can be observed.
- Resistance @125.24 from a trend line in the daily time frame.
- Resistance @127.26 from a horizontal line in the daily time frame.
- 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 | 55.74 | 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) | UP | POSITIVE | The current price of CHCO is above 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) | 55.73 | NEUTRAL | The RSI value for CHCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests CHCO has a positive trend. |
| Stochastics (14,3) | 75.69 | NEUTRAL | The Stochastics value for CHCO is a neutral value. |
| Average True Range in percent/ATR (20) | 1.96 | LOW VOLATILITY | The low ATR as a percentage value for CHCO suggests low volalility. |
| Average Directional Index/ADX (14) | 9.81 | NEGATIVE | The low ADX value for CHCO suggests a weak or negative trend. |
124.26
+2.5 (+2.05%)
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 55.7257. 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 0.129397, indicating a bearish trend.