We assign a technical rating of 9 out of 10 to CCB. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- Looking at the yearly performance, CCB did better than 83% of all other stocks. We also observe that the gains produced by CCB over the past year are nicely spread over this period.
- CCB is part of the Banks industry. There are 383 other stocks in this industry. CCB outperforms 79% of them.
- CCB is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CCB is lagging the market slightly.
- In the last month CCB has a been trading in the 107.59 - 120.05 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Besides having an excellent technical rating, CCB also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 108.45, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CCB 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.
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98.47
We found 4 important support areas.
- A support zone ranging from 107.33 to 108.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @105.28 from a trend line in the daily time frame.
- Support @102.00 from a horizontal line in the weekly time frame.
- A support zone ranging from 99.46 to 99.77. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 114.80 to 115.88. 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 118.00 to 118.97. 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 CCB is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CCB is neutral. |
| ChartMill Relative Strength | 83.63 | POSITIVE | CCB has a high relative strength, it outperformed 83.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CCB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CCB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CCB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.14 | NEUTRAL | The RSI value for CCB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.72 | NEGATIVE | The MACD value suggests CCB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 40.08 | NEUTRAL | The Stochastics value for CCB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.9 | MEDIUM VOLATILITY | The ATR as a percentage value for CCB suggests some volalility. |
| Average Directional Index/ADX (14) | 11.82 | NEGATIVE | The low ADX value for CCB suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 115.89 | 107.58 | 8.31 (7.17%) | 13.95% |
| An entry @115.89. This is a Buy Stop order right above the resistance zone. | An exit @107.58. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 8.31 points, which is 7.17%. | For a 1.00% total portfolio risk, you can invest 13.95% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
113.69
+0.36 (+0.32%)
COASTAL FINANCIAL CORP/WA / CCB FAQ
What is the technical rating for CCB stock?
ChartMill assigns a technical rating of 9 / 10 to CCB.
What is the current trend direction of COASTAL FINANCIAL CORP/WA (CCB) stock?
The current trend direction for COASTAL FINANCIAL CORP/WA (CCB) is Bullish.
Can you provide the RSI signal for COASTAL FINANCIAL CORP/WA?
COASTAL FINANCIAL CORP/WA (CCB) has an RSI value of 49.1409. This indicates that the stock is currently neutral.
What is the short term momentum for COASTAL FINANCIAL CORP/WA (CCB) stock?
The short term momentum for COASTAL FINANCIAL CORP/WA (CCB) is neutral.