CALIFORNIA BANCORP INC (CALB) Technical Analysis
NASDAQ:CALB • US13005U1016
Current stock price
CALB Technical Rating and Analysis
Taking everything into account, CALB scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CALB is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, CALB did better than 91% of all other stocks.
- CALB is part of the Banks industry. There are 381 other stocks in this industry. CALB outperforms 98% of them.
- CALB is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CALB is performing more or less in line with the market.
- In the last month CALB has a been trading in the 20.94 - 25.49 range, which is quite wide. It is currently trading near the high of this range.
CALB Weekly and Daily overview Charts
CALB Setup Rating and Analysis
Although CALB has an excellent technical rating, it does not offer a high quality setup 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
CALB Support and Resistance Analysis
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.
CALB Technical Indicator Signal Analysis
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. |
CALB Chart- and CandleStick Pattern Analysis
CALB Technicals: Chart, Performance Metrics, Trend & Indicators
25.09
+0.26 (+1.05%)
CALIFORNIA BANCORP INC / CALB TA FAQ
What is the technical rating for CALB stock?
ChartMill assigns a technical rating of 10 / 10 to CALB.
Can you provide the trend direction for CALIFORNIA BANCORP INC?
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 short term momentum for CALB stock?
The short term momentum for CALIFORNIA BANCORP INC (CALB) is positive.
What is the buy/sell signal for CALB stock?
The buy/sell signal for CALIFORNIA BANCORP INC (CALB) is buy as both the short term and long term trends are positive.