COASTAL FINANCIAL CORP/WA (CCB) Technical Analysis
NASDAQ:CCB • US19046P2092
Current stock price
CCB Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to CCB. In the past year, CCB was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, CCB is a bad performer in the overall market: 85% of all stocks are doing better.
- CCB is one of the lesser performing stocks in the Banks industry. 92% of 376 stocks in the same industry do better.
- CCB is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- CCB is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
CCB Weekly and Daily overview Charts
CCB Setup Rating and Analysis
Although the technical rating is bad, CCB does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
CCB Support and Resistance Analysis
72.66
When analyzing the support we notice one important area.
- A support zone ranging from 73.39 to 74.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 82.51 to 84.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @115.88 from a horizontal line in the daily time frame.
- Resistance @118.00 from a horizontal line in the weekly time frame.
CCB Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for CCB is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CCB is up. |
| ChartMill Relative Strength | 15.04 | NEGATIVE | CCB has a low relative strength, it was outperformed by 84.96% 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) | DOWN | MIXED | The current price of CCB is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CCB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.2 | NEUTRAL | The RSI value for CCB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.44 | POSITIVE | The MACD value suggests CCB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67.49 | NEUTRAL | The Stochastics value for CCB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.94 | MEDIUM VOLATILITY | The ATR as a percentage value for CCB suggests some volalility. |
| Average Directional Index/ADX (14) | 20.48 | NEUTRAL | The ADX value for CCB suggests a possible start of a new trend. |
CCB Chart- and CandleStick Pattern Analysis
CCB Technicals: Chart, Performance Metrics, Trend & Indicators
81.78
-0.04 (-0.05%)
COASTAL FINANCIAL CORP/WA / CCB TA FAQ
What is the technical rating for CCB stock?
ChartMill assigns a technical rating of 2 / 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 Bearish.
What is the RSI signal for CCB stock?
COASTAL FINANCIAL CORP/WA (CCB) has an RSI value of 54.1974. This indicates that the stock is currently neutral.
Can you provide the MACD signal for COASTAL FINANCIAL CORP/WA?
The MACD indicator for COASTAL FINANCIAL CORP/WA (CCB) has a value of 0.437736, indicating a bearish trend.
What is the buy/sell signal for CCB stock?
The buy/sell signal for COASTAL FINANCIAL CORP/WA (CCB) is hold as the short term and long term trends are mixed.