COMMUNITY TRUST BANCORP INC (CTBI) Stock Technical Analysis
NASDAQ:CTBI - Nasdaq - US2041491083 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to CTBI. In the past year, CTBI was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
Looking at the yearly performance, CTBI did better than 75% of all other stocks.
In the last month CTBI has a been trading in the 48.56 - 53.33 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
CTBI is an average performer in the Banks industry, it outperforms 57% of 395 stocks in the same industry.
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.
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.
More info and screens
45.17
55.23
When analyzing the support we can see 3 important areas.
- A support zone ranging from 50.83 to 51.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @46.66 from a trend line in the weekly time frame.
- A support zone ranging from 45.63 to 45.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 51.44 to 53.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @54.68 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The short term trend for CTBI is neutral. |
| ChartMill Relative Strength | 75.76 | POSITIVE | CTBI has a high relative strength, it outperformed 75.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CTBI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CTBI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CTBI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.07 | NEUTRAL | The RSI value for CTBI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests CTBI has a negative trend. |
| Stochastics (14,3) | 36.87 | NEUTRAL | The Stochastics value for CTBI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.08 | MEDIUM VOLATILITY | The ATR as a percentage value for CTBI suggests some volalility. |
| Average Directional Index/ADX (14) | 17.03 | NEGATIVE | The low ADX value for CTBI suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
51.4
+0.39 (+0.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.76%
1 Week0.21%
2 Weeks-2.45%
1 Month4.98%
3 Month-5.84%
6 Month-12.85%
12 Month22.06%
2 Year52.52%
3 Year22.24%
5 Year56.52%
10 Year56.85%
15 Year91.65%
Volatility
ATR(14)0.98
ATR(20)%2.08%
ATR Inc-24.79%
Range Today0.79
ADR(20)0.95
ADR(20)%1.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.76
Mansfield-0.18
10 Day High53.24
10 Day Low50.3
20 Day High53.33
20 Day Low48.57
52 Week High61.67
52 Week Low40.19
CS1 End51.36
CR1 Start51.44
Volume & EV
DER(3)-0.33%
DER(5)-1.5%
Volume36.90K
Volume Incr-1.6%
Vol(5)44.42K
Vol(50)57.61K