COLOMBIER ACQ CL A -CW28 (CLB.W) Stock Technical Analysis
NYSE:CLB.W - New York Stock Exchange, Inc. -
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. On top of that, CLB.W also shows a nice and consistent pattern of rising prices.
CLB.W is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with 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.
Although CLB.W 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.
More info and screens
3.37
5.27
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.
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 | 99.9 | POSITIVE | CLB.W has a high relative strength, it outperformed 99.9% 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. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
5.22
+0.53 (+11.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg11.3%
1 Week24.58%
2 Weeks39.2%
1 Month49.14%
3 Month559.92%
6 Month317.57%
12 Month1987.17%
2 Year2159.74%
3 Year1086.63%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.67
ATR(20)%11.74%
ATR Inc65.36%
Range Today1.56
ADR(20)0.57
ADR(20)%11.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.9
Mansfield27.38
10 Day High5.81
10 Day Low3.41
20 Day High5.81
20 Day Low2.7
52 Week High5.81
52 Week Low0.24
CS1 End3.42
CR1 StartN/A
Volume & EV
DER(3)5.54%
DER(5)2.34%
Volume492.60K
Volume Incr61.17%
Vol(5)242.96K
Vol(50)190.94K