COLOMBIER ACQ CL A -CW28 (CLB.W) Technical Analysis
NYSE:CLB.W
Current stock price
CLB.W Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to CLB.W. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CLB.W is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that CLB.W is one of the better performing stocks in the market, outperforming 99% of all stocks. We also observe that the gains produced by CLB.W over the past year are nicely spread over this period.
- A new 52 week high is currently being made by CLB.W, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so CLB.W is leading the market.
- In the last month CLB.W has a been trading in the 2.70 - 5.81 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
CLB.W Weekly and Daily overview Charts
CLB.W Setup Rating and Analysis
Although CLB.W has an excellent technical rating, it does not offer a high quality setup 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.
More info and screens
CLB.W Support and Resistance Analysis
3.37
When analyzing the support we notice one important area.
- A support zone ranging from 3.40 to 3.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
CLB.W 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 | UP | POSITIVE | The long term trend for CLB.W is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CLB.W is up. |
| ChartMill Relative Strength | 99.88 | POSITIVE | CLB.W has a high relative strength, it outperformed 99.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CLB.W is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CLB.W is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CLB.W is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.68 | NEUTRAL | The RSI value for CLB.W is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests CLB.W has a positive trend. |
| Stochastics (14,3) | 77.88 | NEUTRAL | The Stochastics value for CLB.W is a neutral value. |
| Average True Range in percent/ATR (20) | 11.74 | HIGH VOLATILITY | The high ATR as a percentage value for CLB.W suggests high volalility. |
| Average Directional Index/ADX (14) | 38.2 | POSITIVE | The high ADX value value for CLB.W suggests a strong trend. |
CLB.W Chart- and CandleStick Pattern Analysis
CLB.W Technicals: Chart, Performance Metrics, Trend & Indicators
5.22
+0.53 (+11.3%)
COLOMBIER ACQ CL A -CW28 / CLB.W TA FAQ
What is the technical rating for CLB.W stock?
ChartMill assigns a technical rating of 10 / 10 to CLB.W.
Can you provide the trend direction for COLOMBIER ACQ CL A -CW28?
The current trend direction for COLOMBIER ACQ CL A -CW28 (CLB.W) is Bullish.
What is the RSI signal for COLOMBIER ACQ CL A -CW28 (CLB.W) stock?
COLOMBIER ACQ CL A -CW28 (CLB.W) has an RSI value of 68.6823. This indicates that the stock is currently neutral.
What is the buy/sell signal for CLB.W stock?
The buy/sell signal for COLOMBIER ACQ CL A -CW28 (CLB.W) is buy as both the short term and long term trends are positive.
What is the support and resistance level for CLB.W stock?
COLOMBIER ACQ CL A -CW28 (CLB.W) has a support level at 3.42. Check the full technical report for our detailed analysis of CLB.W support and resistance levels.