We assign a technical rating of 6 out of 10 to CNOB. Although CNOB is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
CNOB has an average technical rating and also the quality of the setup is only medium 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
21.29
4 important support areas can be observed.
- A support zone ranging from 25.53 to 25.72. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 24.43 to 24.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 23.29 to 23.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @21.51 from a horizontal line 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 | UP | POSITIVE | The long term trend for CNOB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CNOB is up. |
| ChartMill Relative Strength | 39.82 | NEUTRAL | CNOB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CNOB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CNOB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CNOB is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 64.53 | NEUTRAL | The RSI value for CNOB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests CNOB has a positive trend. |
| Stochastics (14,3) | 91.23 | OVERBOUGHT | The high Stochastics value suggests CNOB may be overbought. |
| Average True Range in percent/ATR (20) | 2.42 | MEDIUM VOLATILITY | The ATR as a percentage value for CNOB suggests some volalility. |
| Average Directional Index/ADX (14) | 16.53 | NEGATIVE | The low ADX value for CNOB suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 25.87 | 25.52 | 0.35 (1.35%) | 25.00% |
| An entry @25.87. This is a Buy Stop order right above the 10 day high. | An exit @25.52. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.35 points, which is 1.35%. | For a 0.34% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of CNOB. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:CNOB (12/2/2025, 11:10:35 AM)
25.95
+0.1 (+0.39%)
CONNECTONE BANCORP INC / CNOB FAQ
What is the ChartMill technical rating of CONNECTONE BANCORP INC (CNOB) stock?
ChartMill assigns a technical rating of 6 / 10 to CNOB.
What is the current trend direction of CONNECTONE BANCORP INC (CNOB) stock?
The current trend direction for CONNECTONE BANCORP INC (CNOB) is Bullish.
What is the RSI signal for CNOB stock?
CONNECTONE BANCORP INC (CNOB) has an RSI value of 64.5294. This indicates that the stock is currently neutral.
What is the buy/sell signal for CONNECTONE BANCORP INC (CNOB) stock?
The buy/sell signal for CONNECTONE BANCORP INC (CNOB) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for CONNECTONE BANCORP INC (CNOB) stock?
CONNECTONE BANCORP INC (CNOB) has a support level at 25.72. Check the full technical report for our detailed analysis of CNOB support and resistance levels.