COMMERCE BANCSHARES INC (CBSH)

US2005251036 - Common Stock

51.6  +0.09 (+0.17%)

After market: 51.6 0 (0%)

Technical Rating and Analysis

2

Overall CBSH gets a technical rating of 2 out of 10. In the last year, CBSH was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.

When comparing the yearly performance of all stocks, CBSH is a bad performer in the overall market: 73% of all stocks are doing better.
CBSH is one of the lesser performing stocks in the Banks industry. 60% of 416 stocks in the same industry do better.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
CBSH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CBSH is lagging the market.
In the last month CBSH has a been trading in the 49.44 - 54.95 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
CBSH Weekly chart
CBSH Daily chart
Setup Rating and Analysis

8

CBSH 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 resistance zone just above the current price starting at 52.88. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 51.48, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CBSH in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

45.57

55.63

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 50.08 to 51.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @46.03 from a horizontal line in the daily time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 52.88 to 53.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 54.54 to 55.08. 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
CRS27.34
Mansfield-0.99
10 Day High52.31
10 Day Low49.44
20 Day High54.95
20 Day Low49.44
52 Week High64.16
52 Week Low40.91
Performance
1 Week1.1%
2 Weeks1.71%
1 Month-4.74%
3 Month7.39%
6 Month10.28%
12 Month-18.84%
2 Year-20.75%
3 Year-19.31%
5 Year-0.33%
10 Year40.44%
15 Year80.59%
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)0.04
RSI(14)48.16
LBB50.01
UBB52.22
CBSH Daily chart

COMMERCE BANCSHARES INC

NASDAQ:CBSH (2/22/2024, 4:36:40 PM)

After market: 51.6 0 (0%)

51.6

+0.09 (+0.17%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.17%
1 Week1.1%
2 Weeks1.71%
1 Month-4.74%
3 Month7.39%
6 Month10.28%
12 Month-18.84%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.16
ATR(20)%2.49%
ATR Inc
Range Today0.6
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 High52.31
10 Day Low49.44
20 Day High54.95
20 Day Low49.44
52 Week High64.16
52 Week Low40.91
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume311.99K
Volume Incr-34.14%
Vol(5)341.55K
Vol(50)473.46K