CVB FINANCIAL CORP (CVBF) Stock Technical Analysis
NASDAQ:CVBF - Nasdaq - US1266001056 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to CVBF. CVBF has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month CVBF has a been trading in the 18.60 - 20.15 range, which is quite wide. It is currently trading near the lows of this range.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, CVBF outperforms 62% of them, which is more or less in line with the market.
CVBF is an average performer in the Banks industry, it outperforms 40% of 395 stocks in the same industry.
CVBF 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 CVBF is lagging the market slightly.
Although the technical rating is bad, CVBF does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
15.47
20.37
When analyzing the support we can see 2 important areas.
- A support zone ranging from 16.21 to 16.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @15.63 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 18.93 to 20.17. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The long term trend for CVBF is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CVBF is down. |
| ChartMill Relative Strength | 62.29 | NEUTRAL | CVBF is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CVBF is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CVBF is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CVBF is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.01 | NEUTRAL | The RSI value for CVBF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests CVBF has a negative trend. |
| Stochastics (14,3) | 10.49 | OVERSOLD | The low Stochastics value suggests CVBF may be oversold. |
| Average True Range in percent/ATR (20) | 2.17 | MEDIUM VOLATILITY | The ATR as a percentage value for CVBF suggests some volalility. |
| Average Directional Index/ADX (14) | 20.38 | NEUTRAL | The ADX value for CVBF 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)
18.75
-0.13 (-0.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.69%
1 Week-1.16%
2 Weeks-6.11%
1 Month0%
3 Month-7.04%
6 Month-19.94%
12 Month13.36%
2 Year56.12%
3 Year-24.33%
5 Year-3.9%
10 Year14.33%
15 Year88.82%
Volatility
ATR(14)0.39
ATR(20)%2.17%
ATR Inc-34.64%
Range Today0.29
ADR(20)0.36
ADR(20)%1.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.29
Mansfield-0.53
10 Day High19.9
10 Day Low18.61
20 Day High20.15
20 Day Low18.6
52 Week High24.58
52 Week Low15.91
CS1 End16.48
CR1 Start18.93
Volume & EV
DER(3)2.78%
DER(5)0.96%
Volume1.03M
Volume Incr29.1%
Vol(5)708.12K
Vol(50)771.08K