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CB Financial Services Stock Forecast NASDAQ:CBFV

$23.70 (-0.86%)

Volume: 3k

Closed: Nov 26, 2021

Hollow Logo Score: -0.348

CB Financial Services Stock Forecast

$23.70 (-0.86%)

Volume: 3k

Closed: Nov 26, 2021

Score Hollow Logo -0.348
Which way will CBFV go? Request
Stop-loss: $22.77 (-3.89%)
Key Stats
Trailing Dividend Rate 5% ($1.18)
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
RSImin/max Values: [ 25 - 75 ] RSI14 is 35 and the stock is currently not being overbought or oversold

Stronger technical forecast for CB Financial Services stock price after Friday trading.
(Updated on Nov 26, 2021)


Hold candidate since 2021-11-26

The CB Financial Services stock price fell by -0.86% on the last day (Friday, 26th Nov 2021) from $23.90 to $23.70. During the day the stock fluctuated 4.03% from a day low at $23.05 to a day high of $23.98. The price has been going up and down for this period, and there has been a -0.86% loss for the last 2 weeks. Volume has increased on the last day by 1 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 3 thousand shares were bought and sold for approximately $74.19 thousand.

Given the current short-term trend, the stock is expected to rise 5.63% during the next 3 months and, with a 90% probability hold a price between $25.03 and $26.53 at the end of this 3-month period.

Signals & Forecast

There are few to no technical positive signals at the moment. The CB Financial Services stock holds sell signals from both short and long-term moving averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $23.85 and $23.95. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, October 15, 2021, and so far it has fallen -3.29%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). CB Financial Services gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs". The very low volume increases the risk and reduces the other technical signals issued. The stock had a Golden Star Signal on Thursday, September 23, 2021 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star

The stock had a Golden Star Signal on Thursday, September 23, 2021 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss

CB Financial Services finds support from accumulated volume at $23.15 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.93 between high and low, or 4.03%. For the last week the stock has had a daily average volatility of 1.30%.

Our recommended stop-loss: $22.77 (-3.89%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 29 days ago.)

Is CB Financial Services stock A Buy?

CB Financial Services holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: -0.348

Predicted Opening Price for CB Financial Services of Monday, November 29, 2021

The predicted opening price is based on yesterday's movements between high, low, and the closing price.

Fair opening price November 29, 2021 Current price
$23.58 $23.70 (Overvalued)
Hold/Accumulate Upgraded

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Analyst Ratings

DA Davidson is very positive about CBFV and gave it a "Buy" rating on May 06, 2020. The price target was changed from $23.00 to $27.00.

Volatility and Risk
Daily Average Volatility: 1.30 %
Overall Risk: Very High High Medium Low Very Low
Volatility
1.30 %
Daily Average Volatility
Overall Risk

Very High
High
Medium
Low
Very Low

Support & Resistance

Resistance: $24.00
Price: $23.70
Support: $23.15

CBFV Insider Trading Show all Trades

INSIDER POWER

47.887

Last 100 transactions
Buy: 151 465 | Sell: 3 163 (Shares)
Date Action Amount Person Type
Sep 17, 2021 Buy 140 Guthrie Charles R. Stock Options
Sep 13, 2021 Buy 3 000 Montgomery John Haines Stock Options
Sep 13, 2021 Sell 3 000 Montgomery John Haines Stock Options
Sep 08, 2021 Buy 400 Guthrie Charles R. Common Stock
Jun 18, 2021 Buy 2 Olejasz Roberta Robinson Common Stock
Show all Insider Trades
INSIDER POWER

47.887

Last 100 transactions
Buy: 151 465 | Sell: 3 163 (Shares)

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 24.51 3.42 %
24.15 1.92 %
23.93 0.99 %
Current price: 23.70
Support 23.22 -2.01 %
23.00 -2.93 %
22.65 -4.43 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 24.22 2.22 %
24.10 1.71 %
24.00 1.29 %
Current price 23.70
Support 23.15 -2.30%
23.05 -2.72%
23.00 -2.93%

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About CB Financial Services

CB Financial Services, Inc. operates as the bank holding company for Community Bank that provides various banking products and services for individuals and businesses in southwestern Pennsylvania. The company’s deposit products include demand deposits, NOW accounts, money market accounts, savings accounts, and time deposits. Its loan products comprise residential real estate loans, such as one- to four-family mortgage loans, multifamily mortgage... Read more

Golden Star Signal

This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.

This signal is rare and, in most cases, gives substantial returns. From 10 000+ stocks usually only a few will trigger a Golden Star Signal per day!

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