Cnb Financial Stock Technical Analysis
| CCNE Stock | USD 18.31 0.26 1.44% |
As of the 19th of April, CNB Financial owns the market risk adjusted performance of (0.11), and Variance of 3.85. CNB Financial technical analysis gives you the methodology to make use of past data patterns to determine a pattern that approximates the direction of the firm's future prices. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to interpolate thirteen technical drivers for CNB Financial, which can be compared to its peers in the sector. Please confirm CNB Financial information ratio, and the relationship between the coefficient of variation and value at risk to decide if CNB Financial is priced correctly, providing market reflects its prevailing price of 18.31 per share. Given that CNB Financial has information ratio of (0.12), we suggest you to validate CNB Financial's latest market performance to make sure the company can sustain itself in the future.
CNB Financial Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as CNB, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CNBCNB |
CNB Financial Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 22.5 | Buy | 2 | Odds |
Most CNB analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand CNB stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of CNB Financial, talking to its executives and customers, or listening to CNB conference calls.
CNB Financial technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
CNB Financial Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of CNB Financial volatility. High ATR values indicate high volatility, and low values indicate low volatility.
CNB Financial Trend Analysis
Use this graph to draw trend lines for CNB Financial. You can use it to identify possible trend reversals for CNB Financial as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual CNB Financial price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.CNB Financial Best Fit Change Line
The following chart estimates an ordinary least squares regression model for CNB Financial applied against its price change over selected period. The best fit line has a slop of 0.04 , which may suggest that CNB Financial market price will keep on failing further. It has 122 observation points and a regression sum of squares at 56.67, which is the sum of squared deviations for the predicted CNB Financial price change compared to its average price change.About CNB Financial Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of CNB Financial on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of CNB Financial based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on CNB Financial price pattern first instead of the macroeconomic environment surrounding CNB Financial. By analyzing CNB Financial's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of CNB Financial's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to CNB Financial specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0394 | 0.0402 | 0.0405 | Price To Sales Ratio | 1.95 | 1.44 | 1.37 |
CNB Financial April 19, 2024 Technical Indicators
Most technical analysis of CNB help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for CNB from various momentum indicators to cycle indicators. When you analyze CNB charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.04) | |||
| Market Risk Adjusted Performance | (0.11) | |||
| Mean Deviation | 1.47 | |||
| Coefficient Of Variation | (1,237) | |||
| Standard Deviation | 1.96 | |||
| Variance | 3.85 | |||
| Information Ratio | (0.12) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.35) | |||
| Treynor Ratio | (0.12) | |||
| Maximum Drawdown | 10.3 | |||
| Value At Risk | (2.89) | |||
| Potential Upside | 3.6 | |||
| Skewness | (0.18) | |||
| Kurtosis | 1.03 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CNB Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade CNB Stock refer to our How to Trade CNB Stock guide.You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Complementary Tools for CNB Stock analysis
When running CNB Financial's price analysis, check to measure CNB Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CNB Financial is operating at the current time. Most of CNB Financial's value examination focuses on studying past and present price action to predict the probability of CNB Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CNB Financial's price. Additionally, you may evaluate how the addition of CNB Financial to your portfolios can decrease your overall portfolio volatility.
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| AI Investment Finder Use AI to screen and filter profitable investment opportunities | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal |
Is CNB Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CNB Financial. If investors know CNB will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CNB Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.24) | Dividend Share 0.525 | Earnings Share 2.55 | Revenue Per Share 10.339 | Quarterly Revenue Growth (0.03) |
The market value of CNB Financial is measured differently than its book value, which is the value of CNB that is recorded on the company's balance sheet. Investors also form their own opinion of CNB Financial's value that differs from its market value or its book value, called intrinsic value, which is CNB Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CNB Financial's market value can be influenced by many factors that don't directly affect CNB Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CNB Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if CNB Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CNB Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.