CENTRAL VALLEY COMM BANCORP (CVCY) Technical Analysis

NASDAQ:CVCYUS1556851004

Current stock price

19.89 USD
+0.44 (+2.26%)
At close:
19.89 USD
0 (0%)
After Hours:

CVCY Technical Rating and Analysis

6

Overall CVCY gets a technical rating of 6 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, CVCY is a bad performer.

  • When comparing the yearly performance of all stocks, CVCY is a bad performer in the overall market: 76% of all stocks are doing better.
  • CVCY is part of the Banks industry. There are 380 other stocks in this industry, of which 91% are performing better than CVCY.
  • Warning: CVCY has an average volume of 25426 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
  • The long and short term trends are both positive. This is looking good!
  • In the last month CVCY has a been trading in the 18.30 - 20.00 range, which is quite wide. It is currently trading near the high of this range.
  • CVCY 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 CVCY is lagging the market slightly.

CVCY Weekly and Daily overview Charts

CENTRAL VALLEY COMM BANCORP / CVCY Weekly stock chart
CENTRAL VALLEY COMM BANCORP / CVCY Daily stock chart

CVCY Setup Rating and Analysis

7

CVCY 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.

CVCY Support and Resistance Analysis

15.72

22.66

5 important support areas can be observed.

  • A support zone ranging from 18.74 to 19.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @18.12 from a trend line in the daily time frame.
  • Support @17.66 from a horizontal line in the weekly time frame.
  • A support zone ranging from 17.13 to 17.30. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @15.88 from a trend line in the weekly time frame.

When analyzing the resistance we notice 2 important areas.

  • Resistance @21.31 from a trend line in the weekly time frame.
  • A resistance zone ranging from 22.35 to 22.44. This zone is formed by a combination of multiple trend lines in multiple time frames.

CVCY Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for CVCY is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for CVCY is up.
ChartMill Relative Strength24.35NEGATIVECVCY has a low relative strength, it was outperformed by 75.65% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of CVCY is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of CVCY is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of CVCY is above the rising SMA(200).
Relative Strength Index/RSI (14)64.25NEUTRALThe RSI value for CVCY is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.09POSITIVEThe MACD value suggests CVCY has a positive trend.
Stochastics (14,3)77.96NEUTRALThe Stochastics value for CVCY is a neutral value.
Average True Range in percent/ATR (20)2.33MEDIUM VOLATILITYThe ATR as a percentage value for CVCY suggests some volalility.
Average Directional Index/ADX (14)13.73NEGATIVEThe low ADX value for CVCY suggests a weak or negative trend.

CVCY Chart- and CandleStick Pattern Analysis

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)

CVCY Example Setup

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.

ENTRYEXITDISTANCECAPITAL
20.0118.291.72 (8.59%)11.64%
An entry @20.01. This is a Buy Stop order right above the 10 day high.An exit @18.29. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 1.72 points, which is 8.59%.When investing 11.64% of your capital in this trade, your total portfolio risk will be 1.00%.

  • 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.

CVCY Technicals: Chart, Performance Metrics, Trend & Indicators

CENTRAL VALLEY COMM BANCORP / CVCY Daily stock chart

CENTRAL VALLEY COMM BANCORP

NASDAQ:CVCY (3/28/2024, 8:04:04 PM)

After market: 19.89 0 (0%)

19.89

+0.44 (+2.26%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg2.26%
1 Week3.16%
2 Weeks7.05%
1 Month6.42%
3 Month-11.01%
6 Month40.96%
12 Month-3.35%
2 Year-14.82%
3 Year8.04%
5 Year1.74%
10 Year72.81%
15 Year325.91%
Volatility
ATR(14)0.43
ATR(20)%2.33%
ATR Inc11.57%
Range Today0.62
ADR(20)0.45
ADR(20)%2.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.35
3 months CRSN/A
6 months CRSN/A
Mansfield0.19
10 Day High20
10 Day Low18.3
20 Day High20
20 Day Low18.3
52 Week High22.89
52 Week Low12.59
CS1 End19.09
CR1 Start21.31
Volume & EV
DER(3)1.63%
DER(5)0.32%
Volume34.50K
Volume Incr0.79%
Vol(5)24.74K
Vol(50)25.43K

CENTRAL VALLEY COMM BANCORP / CVCY TA FAQ

What is the technical rating for CVCY stock?

ChartMill assigns a technical rating of 6 / 10 to CVCY.


Can you provide the trend direction for CENTRAL VALLEY COMM BANCORP?

The current trend direction for CENTRAL VALLEY COMM BANCORP (CVCY) is Bullish.


Can you provide the RSI signal for CENTRAL VALLEY COMM BANCORP?

CENTRAL VALLEY COMM BANCORP (CVCY) has an RSI value of 64.2524. This indicates that the stock is currently neutral.


Can you provide the short term momentum for CENTRAL VALLEY COMM BANCORP?

The short term momentum for CENTRAL VALLEY COMM BANCORP (CVCY) is positive.


Can you provide the support and resistance levels for CENTRAL VALLEY COMM BANCORP?

CENTRAL VALLEY COMM BANCORP (CVCY) has a support level at 19.09 and a resistance level at 21.31. Check the full technical report for our detailed analysis of CVCY support and resistance levels.