CENTRAL PACIFIC FINANCIAL CO (CPF) Stock Technical Analysis
NYSE:CPF • US1547604090
Taking everything into account, CPF scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CPF is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, CPF did better than 74% of all other stocks.
- CPF 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.
- CPF is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- CPF is an average performer in the Banks industry, it outperforms 59% of 381 stocks in the same industry.
Besides having an excellent technical rating, CPF 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 34.54. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 32.77, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
29.55
3 important support areas can be observed.
- A support zone ranging from 32.38 to 32.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 31.01 to 31.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 29.85 to 29.93. 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 34.54 to 34.54. This zone is formed by a combination of multiple trend lines 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 CPF is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CPF is up. |
| ChartMill Relative Strength | 74.21 | POSITIVE | CPF has a high relative strength, it outperformed 74.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CPF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CPF is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CPF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.12 | NEUTRAL | The RSI value for CPF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CPF has a negative trend. |
| Stochastics (14,3) | 72.45 | NEUTRAL | The Stochastics value for CPF is a neutral value. |
| Average True Range in percent/ATR (20) | 3.03 | MEDIUM VOLATILITY | The ATR as a percentage value for CPF suggests some volalility. |
| Average Directional Index/ADX (14) | 16.71 | NEGATIVE | The low ADX value for CPF 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 |
|---|---|---|---|
| 34.55 | 33.24 | 1.31 (3.79%) | 25.00% |
| An entry @34.55. This is a Buy Stop order right above the resistance zone. | An exit @33.24. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.31 points, which is 3.79%. | For a 0.95% 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 CPF. 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.
34.24
+0.17 (+0.5%)
CENTRAL PACIFIC FINANCIAL CO / CPF FAQ
What is the technical rating for CPF stock?
ChartMill assigns a technical rating of 9 / 10 to CPF.
What is the current trend direction of CENTRAL PACIFIC FINANCIAL CO (CPF) stock?
The current trend direction for CENTRAL PACIFIC FINANCIAL CO (CPF) is Bullish.
What is the RSI signal for CENTRAL PACIFIC FINANCIAL CO (CPF) stock?
CENTRAL PACIFIC FINANCIAL CO (CPF) has an RSI value of 62.1186. This indicates that the stock is currently neutral.
What is the short term momentum for CPF stock?
The short term momentum for CENTRAL PACIFIC FINANCIAL CO (CPF) is positive.
What is the buy/sell signal for CENTRAL PACIFIC FINANCIAL CO (CPF) stock?
The buy/sell signal for CENTRAL PACIFIC FINANCIAL CO (CPF) is buy as both the short term and long term trends are positive.