CB Technical Signal Analysis

CB have 4 buy signals and 0 sell signal now. The current trend is downtrend starting from 2025-01-29. The total price change during this trend is +4.61%. Recently, the price has increased significantly with an increase in volume, indicating a strong bullish signal. The average turnover of CB over last 5 trading day is $744,709,678.13

4 Bullish Signal

vs

0 Bearish Signal

Name

Signal

Value

Meaning

Awesome Oscillator (5, 34)

AO_5_34 > 0

12.1

Bullish

Momentum (10 days)

MOM_10 > 0

6.86

Bullish

Moving Average Convergence Divergence (12, 26, 9)

MACD_12_26_9 > 0

4.78

Bullish

Moving Average

Price crosses above 10-day SMA

--

Bullish

Name

Signal

Value

Meaning

CB Support and Resistance Level

The support levels for CB are at 282.03, 278.42, and 272.56, while the resistance levels are at 293.74, 297.36, and 303.22. With the current stock price at 288.55, it is leaning more toward the resistance levels.

CB Technical Analysis

Technical Analysis of CB Stock

Price Overview:

  • Current Price: 285
  • 52-Week High: 302.05
  • 52-Week Low: 257.92

Technical Indicators:

  • RSI (14): 63.01 (Neutral)
  • MACD: 4.34 (Bullish)
  • Stochastic Oscillator: 82.84 (Overbought)
  • Fibonacci Pivot: 280.86
  • Fibonacci Resistance Levels: 289.63, 295.04
  • Fibonacci Support Levels: 272.10, 266.69

Moving Averages:

  • 20-Day SMA: 274.76
  • 50-Day SMA: 273.03
  • 200-Day SMA: 270.20

Bollinger Bands:

  • Upper Band: 301.04
  • Lower Band: 248.49
  • BBP: 0.73

Analysis:

The stock is trading above its 20-day and 50-day moving averages, indicating a bullish trend. The RSI is neutral, and the MACD is positive, suggesting continued upward momentum. However, the Stochastic Oscillator is in overbought territory, signaling a potential pullback.

Recommendation:

Buy CB stock at the support level of 272.10, with a target price of 289.63.

CB FAQs

Which bull technical signals does CB have?

Bullish technical signals of CB include: AO_5_34 > 0, MOM_10 > 0, MACD_12_26_9 > 0, Price crosses above 10-day SMA.

How reliable is technical analysis?

How can I use moving averages to set entry and exit points for CB stock?

Is CB a buy based on overall technical signals summary?

CB Buy or Sell

CB has 4 buy signals and 0 sell signals now. Overall the technical rating for CB is Strong buy.

StrongSellSellNeutralBuyStrongBuy
Strong buy
Sell
0
Buy
4

CB Moving Average

This analysis outlines the stock's performance across different time frames using Simple Moving Averages (SMA). In the swing, the stock shows a negative trend with the 288.55 below the SMA_5. In the short term, the stock shows a positive trend with the 288.56 above the SMA_20. In the mid term, the stock shows a positive trend with the 279.08 above the SMA_60. In the long term, the stock shows a negative trend with the 273.91 below the SMA_200.

Swing

Negative

Stock Price Below SMA_5

Short Term

Positive

SMA_5 Above SMA_20

Mid Term

Positive

SMA_20 Above SMA_60

Long Term

Negative

SMA_60 Below SMA_200

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What do technical indicators suggest about CB's current trend?What are CB's key support and resistance levels?