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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
In the last month CVBF has a been trading in the 18.12 - 21.34 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the performance of all stocks over the past year, CVBF turns out to be only a medium performer in the overall market: it outperformed 55% of all stocks.
CVBF is an average performer in the Banks industry, it outperforms 54% of 392 stocks in the same industry.
CVBF is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CVBF is lagging the market.
CVBF has a poor technical rating and the quality of the setup is also only medium 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
15.47
21.40
When analyzing the support we can see 3 important areas.
- A support zone ranging from 18.39 to 18.47. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 16.21 to 16.58. 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.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 20.84 to 21.19. 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 | 55.24 | 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) | 42.12 | NEUTRAL | The RSI value for CVBF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests CVBF has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 29.71 | NEUTRAL | The Stochastics value for CVBF is a neutral value. |
| Average True Range in percent/ATR (20) | 2.76 | MEDIUM VOLATILITY | The ATR as a percentage value for CVBF suggests some volalility. |
| Average Directional Index/ADX (14) | 30.79 | POSITIVE | The high ADX value value for CVBF 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)
19.03
-0.01 (-0.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.05%
1 Week1.82%
2 Weeks-3.69%
1 Month-8.73%
3 Month-0.78%
6 Month-6.85%
12 Month13.61%
2 Year8.99%
3 Year-27.48%
5 Year4.5%
10 Year17.11%
15 Year179.44%
Volatility
ATR(14)0.49
ATR(20)%2.76%
ATR Inc-43.26%
Range Today0.38
ADR(20)0.52
ADR(20)%2.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.24
Mansfield-1.03
10 Day High19.81
10 Day Low18.12
20 Day High21.34
20 Day Low18.12
52 Week High24.58
52 Week Low16.01
CS1 End18.47
CR1 Start20.84
Volume & EV
DER(3)3%
DER(5)3.15%
Volume739.30K
Volume Incr-14.57%
Vol(5)758.58K
Vol(50)864.88K