We assign a technical rating of 7 out of 10 to CNOBP. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CNOBP is only an average performer.
CNOBP has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 24.44. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 24.40, a Stop Loss order could be placed below this zone.
20.79
We found 4 important support areas.
We found 1 important resistance area.
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 CNOBP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CNOBP is up. |
| ChartMill Relative Strength | 53.4 | NEUTRAL | CNOBP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CNOBP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CNOBP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CNOBP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.97 | NEUTRAL | The RSI value for CNOBP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CNOBP has a negative trend. |
| Stochastics (14,3) | 61.15 | NEUTRAL | The Stochastics value for CNOBP is a neutral value. |
| Average True Range in percent/ATR (20) | 0.49 | LOW VOLATILITY | The low ATR as a percentage value for CNOBP suggests low volalility. |
| Average Directional Index/ADX (14) | 13.47 | NEGATIVE | The low ADX value for CNOBP 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 |
|---|---|---|---|
| 24.58 | 24.24 | 0.34 (1.38%) | 25.00% |
| An entry @24.58. This is a Buy Stop order right above the resistance zone. | An exit @24.24. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.34 points, which is 1.38%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.35%. |
CONNECTONE BANCORP INC - CNOB 5 1/4 PERP
NASDAQ:CNOBP (1/15/2026, 8:00:00 PM)
24.41
+0.03 (+0.12%)
ChartMill assigns a technical rating of 7 / 10 to CNOBP.
The current trend direction for CONNECTONE BANCORP INC - CNOB 5 1/4 PERP (CNOBP) is Bullish.
CONNECTONE BANCORP INC - CNOB 5 1/4 PERP (CNOBP) has an RSI value of 55.9698. This indicates that the stock is currently neutral.
The MACD indicator for CONNECTONE BANCORP INC - CNOB 5 1/4 PERP (CNOBP) has a value of -0.00591488, indicating a bearish trend.
CONNECTONE BANCORP INC - CNOB 5 1/4 PERP (CNOBP) has a support level at 24.4 and a resistance level at 24.44. Check the full technical report for our detailed analysis of CNOBP support and resistance levels.