Cnb Financial Stock Pattern Recognition Engulfing Pattern

CCNE Stock  USD 28.38  0.25  0.89%   
CNB Financial pattern recognition tool provides the execution environment for running the Engulfing Pattern recognition and other technical functions against CNB Financial. CNB Financial value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of pattern recognition indicators. As with most other technical indicators, the Engulfing Pattern recognition function is designed to identify and follow existing trends. CNB Financial momentum indicators are usually used to generate trading rules based on assumptions that CNB Financial trends in prices tend to continue for long periods.

Recognition
The output start index for this execution was two with a total number of output elements of fifty-nine. The function generated a total of five valid pattern recognition events for the selected time horizon. The Engulfing Pattern describes CNB Financial bullish reversal pattern.

CNB Financial Technical Analysis Modules

Most technical analysis of CNB Financial 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 other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About CNB Financial Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CNB Financial. We use our internally-developed statistical techniques to arrive at the intrinsic value of CNB Financial based on widely used predictive technical indicators. In general, we focus on analyzing CNB Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build CNB Financial's daily price indicators and compare them against related drivers, such as pattern recognition and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of CNB Financial's intrinsic value. In addition to deriving basic predictive indicators for CNB Financial, we also check how macroeconomic factors affect CNB Financial price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2022 2023 (projected)
Dividend Yield0.03940.037
Price To Sales Ratio1.952.37
Hype
Prediction
LowEstimatedHigh
25.8728.4230.97
Details
Intrinsic
Valuation
LowRealHigh
22.2624.8131.22
Details
2 Analysts
Consensus
LowTargetHigh
20.4822.5024.98
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.570.580.58
Details

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CNB Financial pair trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CNB Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CNB Financial will appreciate offsetting losses from the drop in the long position's value.

CNB Financial Pair Trading

CNB Financial Pair Trading Analysis

The ability to find closely correlated positions to CNB Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CNB Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CNB Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CNB Financial to buy it.
The correlation of CNB Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CNB Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CNB Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CNB Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether CNB Financial is a strong investment it is important to analyze CNB Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CNB Financial's future performance. For an informed investment choice regarding CNB Stock, refer to the following important reports:
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 closely tied 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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Regional Banks space 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
0.017
Dividend Share
0.705
Earnings Share
2.35
Revenue Per Share
10.398
Quarterly Revenue Growth
0.038
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.