COMMUNITY TRUST BANCORP INC (CTBI) Stock Technical Analysis
NASDAQ:CTBI - Nasdaq - US2041491083 - Common Stock - Currency: USD
Taking everything into account, CTBI scores 9 out of 10 in our technical rating. CTBI has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Looking at the yearly performance, CTBI did better than 80% of all other stocks.
In the last month CTBI has a been trading in the 49.61 - 56.63 range, which is quite wide. It is currently trading near the high of this range.
CTBI is an average performer in the Banks industry, it outperforms 61% 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 currently trading near new highs, so CTBI is lagging the market.
Volume is considerably higher in the last couple of days.
Although CTBI has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
46.92
56.67
When analyzing the support we can see 2 important areas.
- A support zone ranging from 49.78 to 53.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @47.39 from a trend line in the weekly 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 | UP | POSITIVE | The short term trend for CTBI is up. |
| ChartMill Relative Strength | 80.32 | POSITIVE | CTBI has a high relative strength, it outperformed 80.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CTBI is above 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 | POSITIVE | The current price of CTBI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.97 | OVERBOUGHT | The high RSI value suggests CTBI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.47 | POSITIVE | The MACD value suggests CTBI has a positive trend. |
| Stochastics (14,3) | 92.83 | OVERBOUGHT | The high Stochastics value suggests CTBI may be overbought. |
| Average True Range in percent/ATR (20) | 2.04 | MEDIUM VOLATILITY | The ATR as a percentage value for CTBI suggests some volalility. |
| Average Directional Index/ADX (14) | 23.18 | NEUTRAL | The ADX value for CTBI suggests a possible start of a new 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)
56.11
+0.93 (+1.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.69%
1 Week5.43%
2 Weeks11.73%
1 Month10.37%
3 Month20.38%
6 Month7.41%
12 Month34.52%
2 Year46.2%
3 Year29.49%
5 Year83.31%
10 Year60.27%
15 Year104.19%
Volatility
ATR(14)1.31
ATR(20)%2.04%
ATR Inc41.72%
Range Today2.15
ADR(20)1.05
ADR(20)%1.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.32
Mansfield0.01
10 Day High56.63
10 Day Low50.05
20 Day High56.63
20 Day Low49.61
52 Week High61.67
52 Week Low41.51
CS1 End53.16
CR1 StartN/A
Volume & EV
DER(3)0.91%
DER(5)0.27%
Volume39.80K
Volume Incr111.95%
Vol(5)109.06K
Vol(50)54.23K