COLONY BANKCORP (CBAN) Stock Technical Analysis
USA - NYSE:CBAN - US19623P1012 - Common Stock
We assign a technical rating of 1 out of 10 to CBAN. CBAN has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
CBAN has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 15.93, a Stop Loss order could be placed below this zone.
More info and screens
15.76
We found 1 important support area.
- A support zone ranging from 15.92 to 15.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 16.07 to 16.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 16.95 to 17.11. 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 17.63 to 17.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @18.26 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for CBAN is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CBAN is down. |
| ChartMill Relative Strength | 48.45 | NEUTRAL | CBAN is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of CBAN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CBAN is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.33 | NEUTRAL | The RSI value for CBAN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests CBAN has a negative trend. |
| Stochastics (14,3) | 10.31 | OVERSOLD | The low Stochastics value suggests CBAN may be oversold. |
| Average True Range in percent/ATR (20) | 2.68 | MEDIUM VOLATILITY | The ATR as a percentage value for CBAN suggests some volalility. |
| Average Directional Index/ADX (14) | 16.71 | NEGATIVE | The low ADX value for CBAN suggests a weak or negative trend. |
15.99
-0.02 (-0.12%)
COLONY BANKCORP / CBAN FAQ
Can you provide the ChartMill technical rating for COLONY BANKCORP?
ChartMill assigns a technical rating of 1 / 10 to CBAN.
Can you provide the trend direction for COLONY BANKCORP?
The current trend direction for COLONY BANKCORP (CBAN) is Bearish.
What is the RSI signal for CBAN stock?
COLONY BANKCORP (CBAN) has an RSI value of 41.3323. This indicates that the stock is currently neutral.
What are the support and resistance levels for COLONY BANKCORP (CBAN) stock?
COLONY BANKCORP (CBAN) has a support level at 15.93 and a resistance level at 16.07. Check the full technical report for our detailed analysis of CBAN support and resistance levels.