COMMERCE BANCSHARES INC (CBSH)

US2005251036 - Common Stock

65.08  +0.84 (+1.31%)

After market: 65.08 0 (0%)

Technical Rating and Analysis

10

Taking everything into account, CBSH 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, CBSH is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that CBSH is one of the better performing stocks in the market, outperforming 86% of all stocks.
A new 52 week high is currently being made by CBSH, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so CBSH is leading the market.
In the last month CBSH has a been trading in the 54.88 - 65.83 range, which is quite wide. It is currently trading near the high of this range.
CBSH is part of the Banks industry. There are 407 other stocks in this industry, CBSH did better than 60% of them.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
CBSH Weekly chart
CBSH Daily chart
Setup Rating and Analysis

3

Although CBSH has an excellent technical rating, it does not present a decent entry opportunity 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.

Support and Resistance Analysis

49.59

65.74

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 55.02 to 55.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @53.16 from a trend line in the daily time frame.
  • Support @50.09 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 65.09 to 65.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.05
Mansfield1.28
10 Day High65.83
10 Day Low58.72
20 Day High65.83
20 Day Low54.88
52 Week High65.83
52 Week Low40.91
Performance
1 Week2.93%
2 Weeks11.96%
1 Month18.95%
3 Month17.45%
6 Month21.76%
12 Month28.88%
2 Year3.25%
3 Year6.52%
5 Year30.04%
10 Year75.56%
15 Year115.78%
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)
Technical Indicators
MACD(12,26,9)0.53
RSI(14)83.93
LBB55.46
UBB67.25
CBSH Daily chart

COMMERCE BANCSHARES INC

NASDAQ:CBSH (7/26/2024, 7:21:08 PM)

After market: 65.08 0 (0%)

65.08

+0.84 (+1.31%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.31%
1 Week2.93%
2 Weeks11.96%
1 Month18.95%
3 Month17.45%
6 Month21.76%
12 Month28.88%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.46
ATR(20)%2.02%
ATR Inc
Range Today1.22
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High65.83
10 Day Low58.72
20 Day High65.83
20 Day Low54.88
52 Week High65.83
52 Week Low40.91
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume698.70K
Volume Incr17.89%
Vol(5)781.35K
Vol(50)558.45K