CITIZENS & NORTHERN CORP (CZNC) Technical Analysis
NASDAQ:CZNC • US1729221069
Current stock price
CZNC Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to CZNC. Although CZNC is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The long and short term trends are both positive. This is looking good!
- CZNC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CZNC is lagging the market slightly.
- When compared to the yearly performance of all other stocks, CZNC outperforms 65% of them, which is more or less in line with the market.
- CZNC is an average performer in the Banks industry, it outperforms 46% of 376 stocks in the same industry.
- In the last month CZNC has a been trading in the 21.74 - 24.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CZNC Weekly and Daily overview Charts
CZNC Setup Rating and Analysis
Although the technical rating is only medium, CZNC 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. There is a support zone below the current price at 22.77, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
CZNC Support and Resistance Analysis
17.96
4 important support areas can be observed.
- A support zone ranging from 22.46 to 22.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 21.24 to 21.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @20.20 from a trend line in the daily time frame.
- Support @18.14 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 23.44 to 23.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
CZNC 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for CZNC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CZNC is up. |
| ChartMill Relative Strength | 65.17 | NEUTRAL | CZNC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CZNC is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CZNC is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CZNC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.6 | NEUTRAL | The RSI value for CZNC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests CZNC has a negative trend. |
| Stochastics (14,3) | 53.57 | NEUTRAL | The Stochastics value for CZNC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.11 | MEDIUM VOLATILITY | The ATR as a percentage value for CZNC suggests some volalility. |
| Average Directional Index/ADX (14) | 19.21 | NEGATIVE | The low ADX value for CZNC suggests a weak or negative trend. |
CZNC Chart- and CandleStick Pattern Analysis
CZNC 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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 23.45 | 22.99 | 0.46 (1.95%) | 25.00% |
| An entry @23.45. This is a Buy Stop order right above the 10 day moving average. | An exit @22.99. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.46 points, which is 1.95%. | For a 0.49% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of CZNC. Please evaluate whether better entry and exit points can be found.
- 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.
CZNC Technicals: Chart, Performance Metrics, Trend & Indicators
23
-0.18 (-0.78%)
CITIZENS & NORTHERN CORP / CZNC TA FAQ
What is the ChartMill technical rating of CITIZENS & NORTHERN CORP (CZNC) stock?
ChartMill assigns a technical rating of 6 / 10 to CZNC.
What is the trend direction for CZNC stock?
The current trend direction for CITIZENS & NORTHERN CORP (CZNC) is Bullish.
Can you provide the RSI signal for CITIZENS & NORTHERN CORP?
CITIZENS & NORTHERN CORP (CZNC) has an RSI value of 50.6027. This indicates that the stock is currently neutral.
Can you provide the short term momentum for CITIZENS & NORTHERN CORP?
The short term momentum for CITIZENS & NORTHERN CORP (CZNC) is positive.
What is the support and resistance level for CZNC stock?
CITIZENS & NORTHERN CORP (CZNC) has a support level at 22.77 and a resistance level at 23.44. Check the full technical report for our detailed analysis of CZNC support and resistance levels.