COLONY BANKCORP (CBAN) Technical Analysis
NYSE:CBAN • US19623P1012
Current stock price
CBAN Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to CBAN. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- In the last month CBAN has a been trading in the 18.95 - 21.04 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that CBAN is one of the better performing stocks in the market, outperforming 75% of all stocks.
- CBAN is one of the better performing stocks in the Banks industry, it outperforms 76% of 381 stocks in the same industry.
- CBAN 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 CBAN is performing more or less in line with the market.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
CBAN Weekly and Daily overview Charts
CBAN Setup Rating and Analysis
CBAN has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 19.33, a Stop Loss order could be placed below this zone.
More info and screens
CBAN Support and Resistance Analysis
15.76
When analyzing the support we can see 4 important areas.
- A support zone ranging from 19.08 to 19.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 17.09 to 17.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.40 from a horizontal line in the daily time frame.
- A support zone ranging from 15.92 to 15.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 19.46 to 20.01. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 21.07 to 21.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
CBAN 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 CBAN is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CBAN is down. |
| ChartMill Relative Strength | 75.65 | POSITIVE | CBAN has a high relative strength, it outperformed 75.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CBAN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CBAN is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CBAN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.92 | NEUTRAL | The RSI value for CBAN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests CBAN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.8 | NEUTRAL | The Stochastics value for CBAN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.93 | MEDIUM VOLATILITY | The ATR as a percentage value for CBAN suggests some volalility. |
| Average Directional Index/ADX (14) | 19.11 | NEGATIVE | The low ADX value for CBAN suggests a weak or negative trend. |
CBAN Chart- and CandleStick Pattern Analysis
CBAN Technicals: Chart, Performance Metrics, Trend & Indicators
19.4
+0.32 (+1.68%)
COLONY BANKCORP / CBAN TA FAQ
Can you provide the ChartMill technical rating for COLONY BANKCORP?
ChartMill assigns a technical rating of 5 / 10 to CBAN.
What is the trend direction for CBAN stock?
The current trend direction for COLONY BANKCORP (CBAN) is Bullish.
What is the RSI signal for CBAN stock?
COLONY BANKCORP (CBAN) has an RSI value of 44.9242. This indicates that the stock is currently neutral.
Can you provide the MACD signal for COLONY BANKCORP?
The MACD indicator for COLONY BANKCORP (CBAN) has a value of -0.094706, indicating a bearish trend.
What is the buy/sell signal for CBAN stock?
The buy/sell signal for COLONY BANKCORP (CBAN) is hold as the short term and long term trends are mixed.