We assign a technical rating of 6 out of 10 to CNOBP. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Although the technical rating is only medium, CNOBP does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 23.95, a Stop Loss order could be placed below this zone.
More info and screens
20.79
4 important support areas can be observed.
- A support zone ranging from 23.84 to 23.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 23.28 to 23.42. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @22.34 from a trend line in the weekly time frame.
- A support zone ranging from 21.00 to 21.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 24.02 to 24.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for CNOBP is neutral. |
| ChartMill Relative Strength | 75.62 | POSITIVE | CNOBP has a high relative strength, it outperformed 75.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CNOBP is below a declining 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) | 50.09 | NEUTRAL | The RSI value for CNOBP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests CNOBP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 41.09 | NEUTRAL | The Stochastics value for CNOBP is a neutral value. |
| Average True Range in percent/ATR (20) | 0.57 | LOW VOLATILITY | The low ATR as a percentage value for CNOBP suggests low volalility. |
| Average Directional Index/ADX (14) | 27.67 | POSITIVE | The high ADX value value for CNOBP suggests a strong 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 |
|---|---|---|---|
| 24.04 | 23.83 | 0.21 (0.87%) | 25.00% |
| An entry @24.04. This is a Buy Stop order right above the 10 day moving average. | An exit @23.83. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.21 points, which is 0.87%. | For a 0.22% 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 CNOBP. 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.
CONNECTONE BANCORP INC - CNOB 5 1/4 PERP
NASDAQ:CNOBP (11/21/2025, 8:20:27 PM)
24.01
+0.04 (+0.17%)
CONNECTONE BANCORP INC - CNOB 5 1/4 PERP / CNOBP FAQ
Can you provide the ChartMill technical rating for CONNECTONE BANCORP INC - CNOB 5 1/4 PERP?
ChartMill assigns a technical rating of 6 / 10 to CNOBP.
What is the trend direction for CNOBP stock?
The current trend direction for CONNECTONE BANCORP INC - CNOB 5 1/4 PERP (CNOBP) is Bullish.
What is the RSI signal for CONNECTONE BANCORP INC - CNOB 5 1/4 PERP (CNOBP) stock?
CONNECTONE BANCORP INC - CNOB 5 1/4 PERP (CNOBP) has an RSI value of 50.0871. This indicates that the stock is currently neutral.
What is the short term momentum for CONNECTONE BANCORP INC - CNOB 5 1/4 PERP (CNOBP) stock?
The short term momentum for CONNECTONE BANCORP INC - CNOB 5 1/4 PERP (CNOBP) is neutral.