CIVISTA BANCSHARES INC (CIVB) Stock Technical Analysis
NASDAQ:CIVB - Nasdaq - US1788671071 - Common Stock - Currency: USD
Taking everything into account, CIVB scores 1 out of 10 in our technical rating. CIVB 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
In the last month CIVB has a been trading in the 18.95 - 21.00 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.
When comparing the performance of all stocks over the past year, CIVB turns out to be only a medium performer in the overall market: it outperformed 50% of all stocks.
CIVB is an average performer in the Banks industry, it outperforms 43% of 393 stocks in the same industry.
CIVB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CIVB is lagging the market.
CIVB 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.
More info and screens
18.26
21.06
3 important support areas can be observed.
- Support @19.39 from a trend line in the daily time frame.
- Support @18.97 from a horizontal line in the daily time frame.
- A support zone ranging from 18.44 to 18.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 20.61 to 20.85. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for CIVB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CIVB is down. |
| ChartMill Relative Strength | 50.78 | NEUTRAL | CIVB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CIVB is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CIVB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CIVB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.73 | NEUTRAL | The RSI value for CIVB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests CIVB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 49.41 | NEUTRAL | The Stochastics value for CIVB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.54 | MEDIUM VOLATILITY | The ATR as a percentage value for CIVB suggests some volalility. |
| Average Directional Index/ADX (14) | 25.47 | POSITIVE | The high ADX value value for CIVB suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
19.89
-0.19 (-0.95%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.95%
1 Week-2.12%
2 Weeks3.16%
1 Month-4.83%
3 Month-9.8%
6 Month-3.68%
12 Month17.41%
2 Year17.07%
3 Year-5.96%
5 Year48.99%
10 Year99.7%
15 YearN/A
Volatility
ATR(14)0.49
ATR(20)%2.54%
ATR Inc-40.3%
Range Today0.29
ADR(20)0.5
ADR(20)%2.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.78
Mansfield-1.06
10 Day High20.98
10 Day Low19.01
20 Day High21
20 Day Low18.95
52 Week High25.59
52 Week Low16.24
CS1 End19.39
CR1 Start20.61
Volume & EV
DER(3)2.32%
DER(5)-0.12%
Volume83.38K
Volume Incr-18.95%
Vol(5)86.26K
Vol(50)98.19K