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.
- The long and short term trends are both positive. This is looking good!
- CLBK is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month CLBK has a been trading in the 15.10 - 18.87 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- When comparing the yearly performance of all stocks, we notice that CLBK is one of the better performing stocks in the market, outperforming 76% of all 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 56% of them.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although CLBK 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
13.34
5 important support areas can be observed.
- A support zone ranging from 16.18 to 16.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 15.79 to 15.85. 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 14.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @13.47 from a horizontal line in the daily 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 CLBK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CLBK is up. |
| ChartMill Relative Strength | 76.73 | POSITIVE | CLBK has a high relative strength, it outperformed 76.73% 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) | 70.71 | OVERBOUGHT | The high RSI value suggests CLBK may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.28 | POSITIVE | The MACD value suggests CLBK has a positive trend. |
| Stochastics (14,3) | 83.76 | OVERBOUGHT | The high Stochastics value suggests CLBK may be overbought. |
| Average True Range in percent/ATR (20) | 3.33 | MEDIUM VOLATILITY | The ATR as a percentage value for CLBK suggests some volalility. |
| Average Directional Index/ADX (14) | 27.74 | POSITIVE | The high ADX value value for CLBK suggests a strong trend. |
18.52
+0.54 (+3%)
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 70.7069. This indicates that the stock is currently overbought.
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 16.42. Check the full technical report for our detailed analysis of CLBK support and resistance levels.