CALIFORNIA BANCORP INC (CALB) Stock Technical Analysis
USA - NASDAQ:CALB - US13005U1016 - Common Stock
Overall CALB gets a technical rating of 10 out of 10. Both in the recent history as in the last year, CALB has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although CALB has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
19.80
We found 2 important support areas.
- A support zone ranging from 21.60 to 22.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @20.00 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @25.10 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for CALB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CALB is up. |
| ChartMill Relative Strength | 91 | POSITIVE | CALB has a high relative strength, it outperformed 91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CALB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CALB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CALB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 77.55 | OVERBOUGHT | The high RSI value suggests CALB may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests CALB has a positive trend. |
| Stochastics (14,3) | 88.97 | OVERBOUGHT | The high Stochastics value suggests CALB may be overbought. |
| Average True Range in percent/ATR (20) | 2.35 | MEDIUM VOLATILITY | The ATR as a percentage value for CALB suggests some volalility. |
| Average Directional Index/ADX (14) | 31.72 | POSITIVE | The high ADX value value for CALB suggests a strong trend. |
25.09
+0.26 (+1.05%)
CALIFORNIA BANCORP INC / CALB FAQ
What is the technical rating for CALB stock?
ChartMill assigns a technical rating of 10 / 10 to CALB.
What is the current trend direction of CALIFORNIA BANCORP INC (CALB) stock?
The current trend direction for CALIFORNIA BANCORP INC (CALB) is Bullish.
Can you provide the RSI signal for CALIFORNIA BANCORP INC?
CALIFORNIA BANCORP INC (CALB) has an RSI value of 77.5522. This indicates that the stock is currently overbought.
What is the MACD signal for CALIFORNIA BANCORP INC (CALB) stock?
The MACD indicator for CALIFORNIA BANCORP INC (CALB) has a value of 0.16617, indicating a bearish trend.
What is the short term momentum for CALIFORNIA BANCORP INC (CALB) stock?
The short term momentum for CALIFORNIA BANCORP INC (CALB) is positive.