COLUMBIA FINANCIAL INC (CLBK) Technical Analysis
NASDAQ:CLBK • US1976411033
Current stock price
CLBK Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to CLBK. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- CLBK 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.
- When comparing the yearly performance of all stocks, we notice that CLBK is one of the better performing stocks in the market, outperforming 74% of all stocks. On top of that, CLBK also shows a nice and consistent pattern of rising prices.
- CLBK is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CLBK is performing more or less in line with the market.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- CLBK is part of the Banks industry. There are 380 other stocks in this industry, CLBK did better than 66% of them.
CLBK Weekly and Daily overview Charts
CLBK Setup Rating and Analysis
CLBK has only a medium 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 support zone below the current price at 17.18, a Stop Loss order could be placed below this zone.
More info and screens
CLBK Support and Resistance Analysis
13.61
When analyzing the support we can see 5 important areas.
- A support zone ranging from 17.17 to 17.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.71 to 16.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 15.28 to 15.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.23 from a trend line in the weekly time frame.
- A support zone ranging from 13.75 to 13.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 17.28 to 17.66. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 18.39 to 18.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
CLBK 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 CLBK is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CLBK is down. |
| ChartMill Relative Strength | 74.51 | POSITIVE | CLBK has a high relative strength, it outperformed 74.51% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CLBK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CLBK is below 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) | 42.53 | NEUTRAL | The RSI value for CLBK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests CLBK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.49 | NEUTRAL | The Stochastics value for CLBK is a neutral value. |
| Average True Range in percent/ATR (20) | 2.39 | MEDIUM VOLATILITY | The ATR as a percentage value for CLBK suggests some volalility. |
| Average Directional Index/ADX (14) | 13.81 | NEGATIVE | The low ADX value for CLBK suggests a weak or negative trend. |
CLBK Chart- and CandleStick Pattern Analysis
CLBK Example Setup
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 |
|---|---|---|---|
| 17.67 | 17.16 | 0.51 (2.89%) | 25.00% |
| An entry @17.67. This is a Buy Stop order right above the resistance zone. | An exit @17.16. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.51 points, which is 2.89%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.72%. |
- 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.
CLBK Technicals: Chart, Performance Metrics, Trend & Indicators
17.23
-0.11 (-0.63%)
COLUMBIA FINANCIAL INC / CLBK TA FAQ
What is the technical rating for CLBK stock?
ChartMill assigns a technical rating of 6 / 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 42.5269. 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 hold as the short term and long term trends are mixed.
Can you provide the support and resistance levels for COLUMBIA FINANCIAL INC?
COLUMBIA FINANCIAL INC (CLBK) has a support level at 17.18 and a resistance level at 17.28. Check the full technical report for our detailed analysis of CLBK support and resistance levels.