ConnectOne Bancorp, Inc. (CNOB)

ConnectOne Bancorp, Inc. is trading at $30.89, down 1.75% on the session. The 50 day average sits at $32.77 and the 200 day at $28.92, which puts the stock in a uptrend. RSI is at 38.4, which reads as weak, and MACD is bearish crossover. Volume is above average.

The nearest support is around $31.52 with resistance near $33.12, so that band frames the current range. Average daily movement is roughly $0.59, or about 1.9% of the share price, which is what any stop placement has to allow for. The overall health score of 56 out of 100 combines a trend score of 61, momentum of 29 and a risk score of 84.

ConnectOne Bancorp, Inc. operates as the bank holding company for ConnectOne Bank that provides commercial banking products and services for small and mid-sized businesses, local professionals, and individuals in the United States. The company offers personal and business checking, money market, and time and savings accounts; credit cards, wire transfers, safe deposit boxes, automated teller services and telephone, and internet and mobile banking. It also provides retirement accounts, consumer and cash management services for business clients, including treasury direct, automated clearing house origination, remote deposit capture, and digital invoicing. In addition, the company offers consumer and commercial business loans, including lines of credit, commercial and residential mortgages, home equity and bridge loans, and other personal loans; commercial loans secured by collateral, such as business assets including accounts receivable, inventory and equipment, and mortgages filed on commercial and residential real estate, as well as cash balances and marketable securities. Further, the company provides real estate loans, which includes loans secured by first liens on completed commercial properties, including multifamily properties, to purchase or refinance properties; residential mortgages, such as loans secured by first liens on 1-4 family and condominiums; and cooperative residential real estate loans. The company was formerly known as Center Bancorp, Inc. and changed its name to ConnectOne Bancorp, Inc. in July 2014. ConnectOne Bancorp, Inc. was incorporated in 1982 and is headquartered in Englewood Cliffs, New Jersey.