CUSTOMERS BANCORP INC (CUBI) Stock Technical Analysis
NYSE:CUBI - New York Stock Exchange, Inc. - US23204G1004 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to CUBI. In the last year, CUBI was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
CUBI is part of the Banks industry. There are 393 other stocks in this industry. CUBI outperforms 78% of them.
CUBI is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CUBI is performing more or less in line with the market.
CUBI 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.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Looking at the yearly performance, CUBI did better than 75% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
CUBI has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
43.03
67.52
When analyzing the support we can see 5 important areas.
- A support zone ranging from 61.43 to 61.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 55.17 to 55.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @46.02 from a trend line in the weekly time frame.
- Support @44.47 from a horizontal line in the weekly time frame.
- Support @43.46 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 65.95 to 66.85. 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 CUBI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CUBI is neutral. |
| ChartMill Relative Strength | 75.91 | POSITIVE | CUBI has a high relative strength, it outperformed 75.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CUBI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CUBI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CUBI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.51 | NEUTRAL | The RSI value for CUBI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.43 | NEGATIVE | The MACD value suggests CUBI has a negative trend. |
| Stochastics (14,3) | 45.33 | NEUTRAL | The Stochastics value for CUBI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.27 | MEDIUM VOLATILITY | The ATR as a percentage value for CUBI suggests some volalility. |
| Average Directional Index/ADX (14) | 27.84 | POSITIVE | The high ADX value value for CUBI suggests a strong 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)
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 |
|---|---|---|---|
| 63.50 | 61.42 | 2.08 (3.28%) | 25.00% |
| An entry @63.50. This is a Buy Stop order right above the 10 day moving average. | An exit @61.42. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.08 points, which is 3.28%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.82%. |
- The distance between exit and entry is rather small compared to the average daily movement of CUBI. 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.
62.2
-1.55 (-2.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-2.43%
1 Week0.83%
2 Weeks-2.98%
1 Month-5.69%
3 Month20.73%
6 Month9.16%
12 Month8.17%
2 Year77.01%
3 Year79.3%
5 Year387.08%
10 Year153.77%
15 YearN/A
Volatility
ATR(14)1.97
ATR(20)%3.27%
ATR Inc41.56%
Range Today2.13
ADR(20)1.95
ADR(20)%3.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.91
Mansfield1.27
10 Day High67
10 Day Low60.61
20 Day High67.04
20 Day Low60.61
52 Week High67.19
52 Week Low40.75
CS1 End61.68
CR1 Start65.95
Volume & EV
DER(3)2.07%
DER(5)1.89%
Volume552.50K
Volume Incr28.85%
Vol(5)513.98K
Vol(50)322.57K