NASDAQ:CCNE - Nasdaq - US1261281075 - Common Stock - Currency: USD
Taking everything into account, CCNE scores 1 out of 10 in our technical rating. CCNE 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.
Although the technical rating is bad, CCNE does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 22.62. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 20.38, a Stop Loss order could be placed below this zone.
20.07
We found 1 important support area.
3 important resistance areas can be observed.
21.15
-0.22 (-1.03%)