CONNECTONE BANCORP INC (CNOB) Stock Technical Analysis
NASDAQ:CNOB - Nasdaq - US20786W1071 - Common Stock - Currency: USD
Taking everything into account, CNOB scores 4 out of 10 in our technical rating. Although CNOB is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month CNOB has a been trading in the 20.61 - 23.76 range, which is quite wide. It is currently trading near the high of this range.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Looking at the yearly performance, CNOB did better than 79% of all other stocks. However, CNOB's most recent performance is quite weak.
CNOB is part of the Banks industry. There are 397 other stocks in this industry, CNOB did better than 62% of them.
CNOB is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
CNOB has an average technical rating and it also does not offer a high quality setup 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
19.43
27.22
When analyzing the support we can see 2 important areas.
- A support zone ranging from 20.95 to 21.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @19.63 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @25.99 from a trend line in the weekly time frame.
- A resistance zone ranging from 26.63 to 26.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.93
Mansfield0.16
10 Day High23.76
10 Day Low21.09
20 Day High23.76
20 Day Low20.61
52 Week High29.31
52 Week Low17.07
Performance
1 Week5.72%
2 Weeks9.79%
1 Month8.58%
3 Month-6.59%
6 Month-2.79%
12 Month21.45%
2 Year74.3%
3 Year-14.11%
5 Year61.46%
10 Year21.7%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.25
RSI(14)59.06
LBB20.84
UBB23.62
23.67
+0.92 (+4.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg4.04%
1 Week5.72%
2 Weeks9.79%
1 Month8.58%
3 Month-6.59%
6 Month-2.79%
12 Month21.45%
2 Year74.3%
3 Year-14.11%
5 Year61.46%
10 Year21.7%
15 YearN/A
Volatility
ATR(14)0.76
ATR(20)%4.37%
ATR Inc3.48%
Range Today0.76
ADR(20)1
ADR(20)%4.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.93
Mansfield0.16
10 Day High23.76
10 Day Low21.09
20 Day High23.76
20 Day Low20.61
52 Week High29.31
52 Week Low17.07
CS1 End21.25
CR1 Start25.99
Volume & EV
DER(3)-1.88%
DER(5)-1.57%
Volume224.50K
Volume Incr-0.04%
Vol(5)229.54K
Vol(50)203.44K