COLONY BANKCORP (CBAN) Stock Technical Analysis
NYSE:CBAN - New York Stock Exchange, Inc. - US19623P1012 - Common Stock - Currency: USD
Overall CBAN gets a technical rating of 2 out of 10. Although CBAN is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month CBAN has a been trading in the 14.63 - 16.43 range, which is quite wide. It is currently trading near the lows of this range.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the yearly performance of all stocks, we notice that CBAN is one of the better performing stocks in the market, outperforming 77% of all stocks. However, CBAN's most recent performance is quite weak.
CBAN is an average performer in the Banks industry, it outperforms 60% of 395 stocks in the same industry.
CBAN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CBAN is lagging the market slightly.
Volume is considerably higher in the last couple of days.
The technical rating of CBAN is bad and it also does not present a 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
13.86
17.81
2 important support areas can be observed.
- Support @14.47 from a trend line in the weekly time frame.
- A support zone ranging from 14.00 to 14.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 15.45 to 15.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 16.01 to 16.23. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 17.50 to 17.63. 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 | 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 | 77.17 | POSITIVE | CBAN has a high relative strength, it outperformed 77.17% 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) | 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) | 45.9 | 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) | 21.89 | NEUTRAL | The Stochastics value for CBAN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.77 | MEDIUM VOLATILITY | The ATR as a percentage value for CBAN suggests some volalility. |
| Average Directional Index/ADX (14) | 18.26 | 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)
15.29
+0.31 (+2.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg2.07%
1 Week0.13%
2 Weeks-5.79%
1 Month-1.23%
3 Month-9.37%
6 Month-13.27%
12 Month26.57%
2 Year64.41%
3 Year-9.53%
5 Year20.2%
10 Year80.52%
15 Year112.36%
Volatility
ATR(14)0.44
ATR(20)%2.77%
ATR Inc24.72%
Range Today0.54
ADR(20)0.38
ADR(20)%2.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.17
Mansfield-0.31
10 Day High16.43
10 Day Low14.63
20 Day High16.43
20 Day Low14.63
52 Week High18.49
52 Week Low11.26
CS1 End14.47
CR1 Start15.45
Volume & EV
DER(3)-1.3%
DER(5)0.72%
Volume51.10K
Volume Incr101.91%
Vol(5)94.06K
Vol(50)66.67K