COMMUNITY TRUST BANCORP INC (CTBI) Stock Technical Analysis
NASDAQ:CTBI - Nasdaq - US2041491083 - Common Stock - Currency: USD
Taking everything into account, CTBI scores 3 out of 10 in our technical rating. Although CTBI is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month CTBI has a been trading in the 49.61 - 52.96 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 75% of all stocks.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
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 a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
More info and screens
45.17
55.23
2 important support areas can be observed.
- Support @47.10 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.
3 important resistance areas can be observed.
- A resistance zone ranging from 50.28 to 51.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 52.30 to 53.15. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The short term trend for CTBI is down. |
| ChartMill Relative Strength | 75.89 | POSITIVE | CTBI has a high relative strength, it outperformed 75.89% 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) | DOWN | NEGATIVE | The current price of CTBI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.18 | NEUTRAL | The RSI value for CTBI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.24 | NEGATIVE | The MACD value suggests CTBI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.13 | OVERSOLD | The low Stochastics value suggests CTBI may be oversold. |
| Average True Range in percent/ATR (20) | 1.74 | LOW VOLATILITY | The low ATR as a percentage value for CTBI suggests low volalility. |
| Average Directional Index/ADX (14) | 14.37 | 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)
50.24
+0.02 (+0.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.04%
1 Week-3.74%
2 Weeks-0.81%
1 Month-2.05%
3 Month-1.99%
6 Month-7.63%
12 Month22.48%
2 Year41.24%
3 Year24.23%
5 Year53.36%
10 Year44.08%
15 Year100.16%
Volatility
ATR(14)0.9
ATR(20)%1.74%
ATR Inc-1.86%
Range Today0.85
ADR(20)0.78
ADR(20)%1.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.89
Mansfield-0.53
10 Day High52.96
10 Day Low49.61
20 Day High52.96
20 Day Low49.61
52 Week High61.67
52 Week Low40.72
CS1 End47.1
CR1 Start50.28
Volume & EV
DER(3)0.34%
DER(5)-0.74%
Volume89.61K
Volume Incr32.09%
Vol(5)59.26K
Vol(50)51.00K