CFR mid-term analysishi Traders,
Fundamental analysis:
Cullen/Frost Bankers (CFR) is considered undervalued based on several key valuation metrics highlighted by Zacks' ranking system. The company holds a strong Zacks Rank of #2 (Buy) and has an "A" grade in the Value category. Some of the important metrics include:
Forward P/E ratio: 13.01, lower than the industry average of 14.08.
PEG ratio: 1.37, which is below the industry's average of 2.88, showing its growth potential.
P/CF ratio: 10.78, also lower than the industry average of 16.70, indicating a strong cash flow position.
Technical analysis:
The price has been traded inside the upsloping channel. The price has retested the bottom of the channel and it may be ready for more upside now.
The long position can be taken and the stop loss can be placed below 100$.
The target is at the top of the channel.
Good luck
CFR trade ideas
CULLEN FROST BANKERS Offer DailyHey guys, CULLEN FROST BANKERS is in a bearish fake dynamic with a slowdown in trading volume and a hammer candle shape. The TIMEFRAME M1 shows a hammer candle with a low return in purchase volume made on the VWAP. Which also sits on the base of the bollinger to go on its highest and end up on the top of the balance zone for a retest. Great possibility of breaking out the price with the return of momentum then then the zone to arrive in another and beissier on the top that comes.
With filling of a breakout gap to come and test the top of a balance zone for the breakout before checking a resistance which is the neckilne. No buying force at this time.
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