COLOMBIER ACQUISITION CORP (CLB.U) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CLB.U - US19533H2076
Overall CLB.U gets a technical rating of 10 out of 10. Both in the recent history as in the last year, CLB.U has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, CLB.U also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for CLB.U 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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9.65
We found 5 important support areas.
- Support @14.83 from a trend line in the daily time frame.
- A support zone ranging from 10.99 to 11.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 10.44 to 10.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 10.03 to 10.15. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 9.75 to 9.84. This zone is formed by a combination of multiple trend lines in the weekly time frame.
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 CLB.U is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CLB.U is up. |
| ChartMill Relative Strength | 92.45 | POSITIVE | CLB.U has a high relative strength, it outperformed 92.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CLB.U is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CLB.U is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CLB.U is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.33 | NEUTRAL | The RSI value for CLB.U is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CLB.U has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 53.11 | NEUTRAL | The Stochastics value for CLB.U is a neutral value. |
| Average True Range in percent/ATR (20) | 7.24 | HIGH VOLATILITY | The high ATR as a percentage value for CLB.U suggests high volalility. |
| Average Directional Index/ADX (14) | 25.33 | POSITIVE | The high ADX value value for CLB.U suggests a strong 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 |
|---|---|---|---|
| 17.31 | 14.82 | 2.49 (14.38%) | 6.95% |
| An entry @17.31. This is a Buy Stop order right above the 10 day high. | An exit @14.82. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.49 points, which is 14.38%. | For a 1.00% total portfolio risk, you can invest 6.95% 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.
17.29
-0.01 (-0.06%)
COLOMBIER ACQUISITION CORP / CLB.U FAQ
Can you provide the ChartMill technical rating for COLOMBIER ACQUISITION CORP?
ChartMill assigns a technical rating of 10 / 10 to CLB.U.
Can you provide the trend direction for COLOMBIER ACQUISITION CORP?
The current trend direction for COLOMBIER ACQUISITION CORP (CLB.U) is Bullish.
Can you provide the RSI signal for COLOMBIER ACQUISITION CORP?
COLOMBIER ACQUISITION CORP (CLB.U) has an RSI value of 59.3269. This indicates that the stock is currently neutral.
What is the MACD signal for CLB.U stock?
The MACD indicator for COLOMBIER ACQUISITION CORP (CLB.U) has a value of -0.00506268, indicating a bearish trend.
What is the short term momentum for CLB.U stock?
The short term momentum for COLOMBIER ACQUISITION CORP (CLB.U) is positive.