CONNECTONE BANCORP INC - CNOB 5 1/4 PERP (CNOBP) Stock Technical Analysis
NASDAQ:CNOBP • US20786W5031
We assign a technical rating of 6 out of 10 to CNOBP. Although CNOBP is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- CNOBP is one of the lesser performing stocks in the Banks industry. 77% of 381 stocks in the same industry do better.
- Warning: CNOBP has an average volume of 5814 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- CNOBP is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- When comparing the performance of all stocks over the past year, CNOBP turns out to be only a medium performer in the overall market: it outperformed 50% of all stocks.
- In the last month CNOBP has a been trading in a tight range between 24.35 and 24.84.
Although the technical rating is only medium, CNOBP does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 24.72. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 24.61, a Stop Loss order could be placed below this zone.
More info and screens
22.63
We found 3 important support areas.
- A support zone ranging from 23.84 to 24.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @23.42 from a horizontal line in the daily time frame.
- Support @22.86 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 24.72 to 24.84. 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 | 50.31 | 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) | 56.42 | 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) | 60.37 | NEUTRAL | The Stochastics value for CNOBP is a neutral value. |
| Average True Range in percent/ATR (20) | 0.47 | LOW VOLATILITY | The low ATR as a percentage value for CNOBP suggests low volalility. |
| Average Directional Index/ADX (14) | 23.06 | NEUTRAL | The ADX value for CNOBP suggests a possible start of a new 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 |
|---|---|---|---|
| 24.85 | 24.49 | 0.36 (1.45%) | 25.00% |
| An entry @24.85. This is a Buy Stop order right above the resistance zone. | An exit @24.49. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.36 points, which is 1.45%. | For a 0.36% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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 (2/18/2026, 1:45:57 PM)
24.69
+0.01 (+0.04%)
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 current trend direction of CONNECTONE BANCORP INC - CNOB 5 1/4 PERP (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 56.4171. This indicates that the stock is currently neutral.
What is the MACD signal for CNOBP stock?
The MACD indicator for CONNECTONE BANCORP INC - CNOB 5 1/4 PERP (CNOBP) has a value of -0.00579016, indicating a bearish trend.
Can you provide the support and resistance levels for CONNECTONE BANCORP INC - CNOB 5 1/4 PERP?
CONNECTONE BANCORP INC - CNOB 5 1/4 PERP (CNOBP) has a support level at 24.61 and a resistance level at 24.72. Check the full technical report for our detailed analysis of CNOBP support and resistance levels.