COASTAL FINANCIAL CORP/WA (CCB) Technical Analysis
NASDAQ:CCB • US19046P2092
Current stock price
CCB Technical Rating and Analysis
Taking everything into account, CCB scores 0 out of 10 in our technical rating. CCB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 86% of all other stocks performed better in the past year than CCB.
- CCB is one of the lesser performing stocks in the Banks industry. 93% of 380 stocks in the same industry do better.
- CCB is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so CCB is lagging the market.
- CCB is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
CCB Weekly and Daily overview Charts
CCB Setup Rating and Analysis
CCB 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 78.54. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 74.19, a Stop Loss order could be placed below this zone.
More info and screens
CCB Support and Resistance Analysis
73.45
We found 1 important support area.
- A support zone ranging from 74.19 to 74.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 78.54 to 79.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @108.45 from a horizontal line in the daily time frame.
- 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 | DOWN | NEGATIVE | The short term trend for CCB is down. |
| ChartMill Relative Strength | 14.87 | NEGATIVE | CCB has a low relative strength, it was outperformed by 85.13% 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) | DOWN | NEGATIVE | The current price of CCB is below 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) | 35.11 | NEUTRAL | The RSI value for CCB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.7 | POSITIVE | The MACD value suggests CCB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 44.71 | NEUTRAL | The Stochastics value for CCB is a neutral value. |
| Average True Range in percent/ATR (20) | 5.61 | HIGH VOLATILITY | The high ATR as a percentage value for CCB suggests high volalility. |
| Average Directional Index/ADX (14) | 30.19 | POSITIVE | The high ADX value value for CCB suggests a strong trend. |
CCB Chart- and CandleStick Pattern Analysis
CCB Technicals: Chart, Performance Metrics, Trend & Indicators
74.36
-1.8 (-2.36%)
COASTAL FINANCIAL CORP/WA / CCB TA FAQ
What is the technical rating for CCB stock?
ChartMill assigns a technical rating of 0 / 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.
Can you provide the RSI signal for COASTAL FINANCIAL CORP/WA?
COASTAL FINANCIAL CORP/WA (CCB) has an RSI value of 35.1145. 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 negative.
Can you provide the buy/sell signal for COASTAL FINANCIAL CORP/WA?
The buy/sell signal for COASTAL FINANCIAL CORP/WA (CCB) is sell as both the short term and long term trends are negative.