Taking everything into account, CCB scores 9 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, CCB is showing a nice and steady performance.
Although CCB 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.
80.59
5 important support areas can be observed.
We found 1 important resistance area.
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 | 86.21 | POSITIVE | CCB has a high relative strength, it outperformed 86.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CCB is above the rising 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) | 60.14 | NEUTRAL | The RSI value for CCB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.65 | POSITIVE | The MACD value suggests CCB has a positive trend. |
| Stochastics (14,3) | 75.95 | NEUTRAL | The Stochastics value for CCB is a neutral value. |
| Average True Range in percent/ATR (20) | 3.49 | MEDIUM VOLATILITY | The ATR as a percentage value for CCB suggests some volalility. |
| Average Directional Index/ADX (14) | 14.19 | NEGATIVE | The low ADX value for CCB suggests a weak or negative trend. |
111.35
-0.27 (-0.24%)
ChartMill assigns a technical rating of 9 / 10 to CCB.
The current trend direction for COASTAL FINANCIAL CORP/WA (CCB) is Bullish.
COASTAL FINANCIAL CORP/WA (CCB) has an RSI value of 60.1355. This indicates that the stock is currently neutral.
The MACD indicator for COASTAL FINANCIAL CORP/WA (CCB) has a value of 0.654185, indicating a bearish trend.