Cortland Bncp Crtld Ohio (CLDB) Technical Analysis
NASDAQ:CLDB
Current stock price
CLDB Technical Rating and Analysis
Taking everything into account, CLDB scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CLDB is showing a nice and steady performance.
- Warning: CLDB has an average volume of 8562 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- When comparing the yearly performance of all stocks, we notice that CLDB is one of the better performing stocks in the market, outperforming 86% of all stocks. On top of that, CLDB also shows a nice and consistent pattern of rising prices.
- CLDB is part of the Banks industry. There are 380 other stocks in this industry. CLDB outperforms 93% of them.
- CLDB is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so CLDB is leading the market.
- In the last month CLDB has a been trading in the 27.28 - 30.39 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.
- Considerably lower volume is observed in the last couple of days.
CLDB Weekly and Daily overview Charts
CLDB Setup Rating and Analysis
Although CLDB has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
CLDB Support and Resistance Analysis
25.41
When analyzing the support we can see 4 important areas.
- A support zone ranging from 28.33 to 29.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 27.47 to 27.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 26.24 to 26.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @25.67 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 29.16 to 29.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
CLDB 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 | UP | POSITIVE | The long term trend for CLDB is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CLDB is neutral. |
| ChartMill Relative Strength | 86.22 | POSITIVE | CLDB has a high relative strength, it outperformed 86.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CLDB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CLDB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CLDB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.58 | NEUTRAL | The RSI value for CLDB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests CLDB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.18 | OVERSOLD | The low Stochastics value suggests CLDB may be oversold. |
| Average True Range in percent/ATR (20) | 2.77 | MEDIUM VOLATILITY | The ATR as a percentage value for CLDB suggests some volalility. |
CLDB Chart- and CandleStick Pattern Analysis
CLDB Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:CLDB (10/29/2021, 8:20:21 PM)
29.15
+1.07 (+3.81%)
Cortland Bncp Crtld Ohio / CLDB TA FAQ
Can you provide the ChartMill technical rating for Cortland Bncp Crtld Ohio?
ChartMill assigns a technical rating of 9 / 10 to CLDB.
What is the trend direction for CLDB stock?
The current trend direction for Cortland Bncp Crtld Ohio (CLDB) is Bullish.
What is the RSI signal for CLDB stock?
Cortland Bncp Crtld Ohio (CLDB) has an RSI value of 57.5801. This indicates that the stock is currently neutral.
What is the short term momentum for CLDB stock?
The short term momentum for Cortland Bncp Crtld Ohio (CLDB) is neutral.