COLUMBIA FINANCIAL INC (CLBK) Stock Technical Analysis
NASDAQ:CLBK • US1976411033
Taking everything into account, CLBK scores 8 out of 10 in our technical rating. Although CLBK is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Both the short term and long term trends are positive. This is a very positive sign.
- CLBK is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CLBK is lagging the market slightly.
- CLBK 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.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Looking at the yearly performance, CLBK did better than 77% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- CLBK is part of the Banks industry. There are 381 other stocks in this industry, CLBK did better than 66% of them.
CLBK has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for CLBK 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.
More info and screens
13.76
We found 4 important support areas.
- A support zone ranging from 17.91 to 18.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 15.90 to 15.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @15.28 from a horizontal line in the daily time frame.
- A support zone ranging from 13.90 to 14.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 18.52 to 18.52. This zone is formed by a combination of multiple trend lines 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 CLBK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CLBK is up. |
| ChartMill Relative Strength | 77.92 | POSITIVE | CLBK has a high relative strength, it outperformed 77.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CLBK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CLBK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CLBK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.84 | NEUTRAL | The RSI value for CLBK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests CLBK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.15 | NEUTRAL | The Stochastics value for CLBK is a neutral value. |
| Average True Range in percent/ATR (20) | 3.47 | MEDIUM VOLATILITY | The ATR as a percentage value for CLBK suggests some volalility. |
| Average Directional Index/ADX (14) | 34.49 | POSITIVE | The high ADX value value for CLBK 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 |
|---|---|---|---|
| 18.53 | 17.90 | 0.63 (3.40%) | 25.00% |
| An entry @18.53. This is a Buy Stop order right above the resistance zone. | An exit @17.90. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.63 points, which is 3.40%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.85%. |
- The distance between exit and entry is rather small compared to the average daily movement of CLBK. Please evaluate whether better entry and exit points can be found.
- 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.
18.19
+0.16 (+0.89%)
COLUMBIA FINANCIAL INC / CLBK FAQ
What is the technical rating for CLBK stock?
ChartMill assigns a technical rating of 8 / 10 to CLBK.
What is the trend direction for CLBK stock?
The current trend direction for COLUMBIA FINANCIAL INC (CLBK) is Bullish.
What is the RSI signal for COLUMBIA FINANCIAL INC (CLBK) stock?
COLUMBIA FINANCIAL INC (CLBK) has an RSI value of 64.8376. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for COLUMBIA FINANCIAL INC?
The buy/sell signal for COLUMBIA FINANCIAL INC (CLBK) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for COLUMBIA FINANCIAL INC?
COLUMBIA FINANCIAL INC (CLBK) has a support level at 18.18 and a resistance level at 18.52. Check the full technical report for our detailed analysis of CLBK support and resistance levels.