CCNE Stock Tickeron detected bearish Stock Pattern: Dead Cat Bounce on February 28, 2024

A.I.dvisor
at Tickeron.com
03/02/24
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Dead Cat Bounce
CCNE - CNB Financial Corp
Emerged: 02/28/24
Breakout: $19.4
Price: $19.99
Target price: $18.34
A.I.dvisor detected a bearish Dead Cat Bounce pattern for CCNE stock. This pattern was detected on February 28, 2024 . The odds of reaching the target price are 6. The Dead Cat Bounce pattern appears when a security's price falls quickly but has a temporary “v-shaped” recovery before resuming its downward trend. Consider selling the security short or buying a put option at the downward breakout price level. When trading, wait for the confirmation move prices falling below the breakout level.
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CCNEDaily Signal changed days agoGain/Loss if shorted
 
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General Information

a regional bank

Industry RegionalBanks

Profile
Fundamentals
Details
Industry
Regional Banks
Address
1 South Second Street
Phone
+1 814 765-9621
Employees
801
Web
https://www.cnbbank.bank