COLONY BANKCORP (CBAN) Stock Technical Analysis
NYSE:CBAN - US19623P1012 - Common Stock
17.13 USD
+0.14 (+0.82%)
17.13 USD
0 (0%)
Taking everything into account, CBAN scores 7 out of 10 in our technical rating. Although CBAN is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month CBAN has a been trading in the 15.86 - 17.50 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, CBAN did better than 72% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
CBAN is an average performer in the Banks industry, it outperforms 63% of 393 stocks in the same industry.
CBAN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CBAN is lagging the market.
CBAN has an excellent technical rating, but the quality of the setup is only medium 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
15.18
18.03
When analyzing the support we can see 2 important areas.
- A support zone ranging from 15.92 to 16.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 15.33 to 15.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- 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.
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 | UP | POSITIVE | The short term trend for CBAN is up. |
| ChartMill Relative Strength | 72.78 | POSITIVE | CBAN has a high relative strength, it outperformed 72.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CBAN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CBAN is above 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) | 59.35 | NEUTRAL | The RSI value for CBAN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests CBAN has a positive trend. |
| Stochastics (14,3) | 80.87 | OVERBOUGHT | The high Stochastics value suggests CBAN may be overbought. |
| Average True Range in percent/ATR (20) | 2.21 | MEDIUM VOLATILITY | The ATR as a percentage value for CBAN suggests some volalility. |
| Average Directional Index/ADX (14) | 17.88 | NEGATIVE | The low ADX value for CBAN suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
17.13
+0.14 (+0.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.82%
1 Week4.45%
2 Weeks4.26%
1 Month3.07%
3 Month12.03%
6 Month1.54%
12 Month14.12%
2 Year64.55%
3 Year21.32%
5 Year55.73%
10 Year95.77%
15 Year208.65%
Volatility
ATR(14)0.38
ATR(20)%2.21%
ATR Inc14.22%
Range Today0.32
ADR(20)0.37
ADR(20)%2.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.78
Mansfield-0.28
10 Day High17.5
10 Day Low16.11
20 Day High17.5
20 Day Low15.86
52 Week High18.49
52 Week Low13.99
CS1 End16.7
CR1 Start17.63
Volume & EV
DER(3)1.12%
DER(5)0.52%
Volume54.80K
Volume Incr-1.27%
Vol(5)61.56K
Vol(50)60.34K