COMMUNITY TRUST BANCORP INC (CTBI) Technical Analysis
NASDAQ:CTBI • US2041491083
Current stock price
CTBI Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to CTBI. In the last year, CTBI was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
- In the last month CTBI has a been trading in the 56.85 - 64.18 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that CTBI is one of the better performing stocks in the market, outperforming 70% of all stocks.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- CTBI is part of the Banks industry. There are 381 other stocks in this industry, CTBI did better than 63% of them.
- CTBI is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CTBI is lagging the market slightly.
- Volume is considerably higher in the last couple of days.
CTBI Weekly and Daily overview Charts
CTBI Setup Rating and Analysis
CTBI has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 56.11, a Stop Loss order could be placed below this zone.
More info and screens
CTBI Support and Resistance Analysis
49.29
We found 4 important support areas.
- Support @56.11 from a horizontal line in the daily time frame.
- Support @55.03 from a trend line in the weekly time frame.
- Support @52.57 from a trend line in the daily time frame.
- A support zone ranging from 49.79 to 51.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 65.50 to 65.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
CTBI Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for CTBI is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CTBI is down. |
| ChartMill Relative Strength | 70.11 | POSITIVE | CTBI has a high relative strength, it outperformed 70.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CTBI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CTBI is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CTBI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.59 | NEUTRAL | The RSI value for CTBI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests CTBI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 29.35 | NEUTRAL | The Stochastics value for CTBI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.69 | MEDIUM VOLATILITY | The ATR as a percentage value for CTBI suggests some volalility. |
| Average Directional Index/ADX (14) | 22.07 | NEUTRAL | The ADX value for CTBI suggests a possible start of a new trend. |
CTBI Chart- and CandleStick Pattern Analysis
CTBI Technicals: Chart, Performance Metrics, Trend & Indicators
58.59
-0.34 (-0.58%)
COMMUNITY TRUST BANCORP INC / CTBI TA FAQ
What is the ChartMill technical rating of COMMUNITY TRUST BANCORP INC (CTBI) stock?
ChartMill assigns a technical rating of 4 / 10 to CTBI.
Can you provide the trend direction for COMMUNITY TRUST BANCORP INC?
The current trend direction for COMMUNITY TRUST BANCORP INC (CTBI) is Bearish.
Can you provide the RSI signal for COMMUNITY TRUST BANCORP INC?
COMMUNITY TRUST BANCORP INC (CTBI) has an RSI value of 41.5891. This indicates that the stock is currently neutral.
What is the short term momentum for CTBI stock?
The short term momentum for COMMUNITY TRUST BANCORP INC (CTBI) is negative.