CUSTOMERS BANCORP INC (CUBI) Stock Technical Analysis
NYSE:CUBI • US23204G1004
We assign a technical rating of 5 out of 10 to CUBI. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- In the last month CUBI has a been trading in the 69.50 - 82.56 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- When comparing the yearly performance of all stocks, we notice that CUBI is one of the better performing stocks in the market, outperforming 76% of all stocks.
- CUBI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CUBI is lagging the market slightly.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- CUBI is an average performer in the Banks industry, it outperforms 62% of 381 stocks in the same industry.
CUBI has an average technical rating and it also does not offer a high quality setup 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
3 important support areas can be observed.
- A support zone ranging from 70.10 to 70.99. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 62.34 to 62.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @43.46 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 75.49 to 76.85. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @81.21 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 | UP | POSITIVE | The long term trend for CUBI is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CUBI is down. |
| ChartMill Relative Strength | 76.95 | POSITIVE | CUBI has a high relative strength, it outperformed 76.95% 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 | MIXED | The current price of CUBI is below 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) | 38.43 | NEUTRAL | The RSI value for CUBI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.95 | NEGATIVE | The MACD value suggests CUBI has a negative trend. |
| Stochastics (14,3) | 12.96 | OVERSOLD | The low Stochastics value suggests CUBI may be oversold. |
| Average True Range in percent/ATR (20) | 4.83 | MEDIUM VOLATILITY | The ATR as a percentage value for CUBI suggests some volalility. |
| Average Directional Index/ADX (14) | 22.35 | NEUTRAL | The ADX value for CUBI suggests a possible start of a new trend. |
71.67
+0.68 (+0.96%)
CUSTOMERS BANCORP INC / CUBI FAQ
Can you provide the ChartMill technical rating for CUSTOMERS BANCORP INC?
ChartMill assigns a technical rating of 5 / 10 to CUBI.
What is the current trend direction of CUSTOMERS BANCORP INC (CUBI) stock?
The current trend direction for CUSTOMERS BANCORP INC (CUBI) is Bullish.
What is the RSI signal for CUBI stock?
CUSTOMERS BANCORP INC (CUBI) has an RSI value of 38.4281. This indicates that the stock is currently neutral.
What is the buy/sell signal for CUSTOMERS BANCORP INC (CUBI) stock?
The buy/sell signal for CUSTOMERS BANCORP INC (CUBI) is hold as the short term and long term trends are mixed.
What are the support and resistance levels for CUSTOMERS BANCORP INC (CUBI) stock?
CUSTOMERS BANCORP INC (CUBI) has a support level at 70.99 and a resistance level at 75.49. Check the full technical report for our detailed analysis of CUBI support and resistance levels.