CVB FINANCIAL CORP (CVBF) Technical Analysis
NASDAQ:CVBF • US1266001056
Overall CVBF gets a technical rating of 0 out of 10. CVBF scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 68% of all other stocks performed better in the past year than CVBF.
- CVBF is one of the lesser performing stocks in the Banks industry. 77% of 381 stocks in the same industry do better.
- In the last month CVBF has a been trading in the 18.33 - 21.18 range, which is quite wide. It is currently trading near the lows of this range.
- CVBF has an average volume of 1342760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- 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.
CVBF has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 19.17. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 18.50, a Stop Loss order could be placed below this zone.
More info and screens
15.92
When analyzing the support we can see 3 important areas.
- A support zone ranging from 18.39 to 18.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 16.41 to 16.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.08 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 19.17 to 19.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 21.08 to 21.43. 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 | DOWN | NEGATIVE | The long term trend for CVBF is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CVBF is down. |
| ChartMill Relative Strength | 32.88 | 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 | NEGATIVE | The current price of CVBF is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CVBF is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.2 | NEUTRAL | The RSI value for CVBF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests CVBF has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.38 | NEUTRAL | The Stochastics value for CVBF is a neutral value. |
| Average True Range in percent/ATR (20) | 3.25 | MEDIUM VOLATILITY | The ATR as a percentage value for CVBF suggests some volalility. |
| Average Directional Index/ADX (14) | 20.31 | NEUTRAL | The ADX value for CVBF suggests a possible start of a new trend. |
CVBF Technicals: Chart, Performance Metrics, Trend & Indicators
18.86
+0.05 (+0.27%)
CVB FINANCIAL CORP / CVBF FAQ
What is the technical rating for CVBF stock?
ChartMill assigns a technical rating of 0 / 10 to CVBF.
Can you provide the trend direction for CVB FINANCIAL CORP?
The current trend direction for CVB FINANCIAL CORP (CVBF) is Bearish.
What is the RSI signal for CVB FINANCIAL CORP (CVBF) stock?
CVB FINANCIAL CORP (CVBF) has an RSI value of 38.2026. This indicates that the stock is currently neutral.
Can you provide the short term momentum for CVB FINANCIAL CORP?
The short term momentum for CVB FINANCIAL CORP (CVBF) is negative.
What is the buy/sell signal for CVBF stock?
The buy/sell signal for CVB FINANCIAL CORP (CVBF) is sell as both the short term and long term trends are negative.