CONNECTONE BANCORP INC (CNOB)

US20786W1071 - Common Stock

18.55  +0.64 (+3.57%)

After market: 18.55 0 (0%)

Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to CNOB. CNOB 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.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
In the last month CNOB has a been trading in the 17.57 - 19.76 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 compared to the yearly performance of all other stocks, CNOB outperforms 62% of them, which is more or less in line with the market.
CNOB is an average performer in the Banks industry, it outperforms 52% of 412 stocks in the same industry.
CNOB is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CNOB is lagging the market slightly.
Weekly and Daily overview Charts
CNOB Weekly chart
CNOB Daily chart
Setup Rating and Analysis

7

Although the technical rating is bad, CNOB does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 18.47, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

17.32

22.46

2 important support areas can be observed.

  • A support zone ranging from 17.86 to 18.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @17.49 from a horizontal line in the daily time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 19.05 to 20.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @22.24 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.41
Mansfield-0.94
10 Day High19.76
10 Day Low17.74
20 Day High19.76
20 Day Low17.57
52 Week High24.44
52 Week Low13.15
Performance
1 Week-5.98%
2 Weeks3.06%
1 Month-1.59%
3 Month-14.24%
6 Month-0.59%
12 Month27.75%
2 Year-32.69%
3 Year-33.01%
5 Year-11.71%
10 Year15.79%
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)0.03
RSI(14)48.29
LBB17.3
UBB19.55
CNOB Daily chart

CONNECTONE BANCORP INC

NASDAQ:CNOB (5/1/2024, 7:00:01 PM)

After market: 18.55 0 (0%)

18.55

+0.64 (+3.57%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg3.57%
1 Week-5.98%
2 Weeks3.06%
1 Month-1.59%
3 Month-14.24%
6 Month-0.59%
12 Month27.75%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.62
ATR(20)%3.37%
ATR Inc
Range Today0.85
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High19.76
10 Day Low17.74
20 Day High19.76
20 Day Low17.57
52 Week High24.44
52 Week Low13.15
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume209.30K
Volume Incr8.32%
Vol(5)153.82K
Vol(50)159.60K