CENTRAL VALLEY COMM BANCORP (CVCY) Stock Technical Analysis
NASDAQ:CVCY - Nasdaq - US1556851004 - Common Stock - Currency: USD
Taking everything into account, CVCY scores 6 out of 10 in our technical rating. Although CVCY is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
76% of all other stocks performed better in the past year than CVCY.
CVCY is part of the Banks industry. There are 396 other stocks in this industry, of which 94% 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.
Both the short term and long term trends are positive. This is a very positive sign.
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 has an average technical rating and also the quality of the setup is 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
15.72
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.
We can see 2 important resistance 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.
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 CVCY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CVCY is up. |
| ChartMill Relative Strength | 24.35 | NEGATIVE | CVCY has a low relative strength, it was outperformed by 75.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CVCY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CVCY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CVCY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.25 | NEUTRAL | The RSI value for CVCY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests CVCY has a positive trend. |
| Stochastics (14,3) | 77.96 | NEUTRAL | The Stochastics value for CVCY is a neutral value. |
| Average True Range in percent/ATR (20) | 2.33 | MEDIUM VOLATILITY | The ATR as a percentage value for CVCY suggests some volalility. |
| Average Directional Index/ADX (14) | 13.73 | NEGATIVE | The low ADX value for CVCY suggests a weak or negative 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)
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 20.01 | 18.29 | 1.72 (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 trade has a worst case loss of 1.72 points, which is 8.59%. | For a 1.00% total portfolio risk, you can invest 11.64% of your capital in this trade. |
- 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.
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
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