CONNECTONE BANCORP INC (CNOB) Stock Technical Analysis
NASDAQ:CNOB - Nasdaq - US20786W1071 - Common Stock - Currency: USD
Taking everything into account, CNOB scores 5 out of 10 in our technical rating. CNOB has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
CNOB 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 CNOB is lagging the market slightly.
Looking at the yearly performance, CNOB did better than 71% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
CNOB is an average performer in the Banks industry, it outperforms 53% of 405 stocks in the same industry.
In the last month CNOB has a been trading in the 22.72 - 27.77 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
CNOB has an average technical rating and it also does not offer a high quality setup 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
19.57
28.95
3 important support areas can be observed.
- A support zone ranging from 22.32 to 22.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 21.25 to 21.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @19.77 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @28.66 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.52
Mansfield0.46
10 Day High27.77
10 Day Low25.2
20 Day High27.77
20 Day Low22.72
52 Week High29.31
52 Week Low17.07
Performance
1 Week-6.52%
2 Weeks-6.45%
1 Month9.18%
3 Month-9.38%
6 Month-0.36%
12 Month24.91%
2 Year4%
3 Year-23.58%
5 Year20.04%
10 Year38.12%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.13
RSI(14)46.81
LBB25.22
UBB27.85
25.22
-0.68 (-2.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-2.63%
1 Week-6.52%
2 Weeks-6.45%
1 Month9.18%
3 Month-9.38%
6 Month-0.36%
12 Month24.91%
2 Year4%
3 Year-23.58%
5 Year20.04%
10 Year38.12%
15 YearN/A
Volatility
ATR(14)0.85
ATR(20)%3.54%
ATR Inc11.27%
Range Today1.26
ADR(20)0.83
ADR(20)%3.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.52
Mansfield0.46
10 Day High27.77
10 Day Low25.2
20 Day High27.77
20 Day Low22.72
52 Week High29.31
52 Week Low17.07
CS1 End22.34
CR1 Start28.66
Volume & EV
DER(3)-1.54%
DER(5)-1.67%
Volume150.20K
Volume Incr-40.94%
Vol(5)129.58K
Vol(50)209.72K