COLUMBIA FINANCIAL INC (CLBK) Technical Analysis
NASDAQ:CLBK • US1976411033
We assign a technical rating of 6 out of 10 to CLBK. CLBK has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- 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.
- 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.
- When compared to the yearly performance of all other stocks, CLBK outperforms 69% of them, which is more or less in line with the market.
- CLBK is an average performer in the Banks industry, it outperforms 70% of 381 stocks in the same industry.
CLBK has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 18.14. Right above this resistance zone may be a good entry point.
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13.76
When analyzing the support we can see 3 important areas.
- A support zone ranging from 16.33 to 16.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 15.22 to 15.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 13.90 to 14.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 18.14 to 18.52. 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 CLBK is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CLBK is neutral. |
| ChartMill Relative Strength | 69.25 | NEUTRAL | CLBK is not amongst the best or worst performers 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 | 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) | 50.97 | NEUTRAL | The RSI value for CLBK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests CLBK has a negative trend. |
| Stochastics (14,3) | 42.98 | NEUTRAL | The Stochastics value for CLBK is a neutral value. |
| Average True Range in percent/ATR (20) | 2.61 | MEDIUM VOLATILITY | The ATR as a percentage value for CLBK suggests some volalility. |
| Average Directional Index/ADX (14) | 27.67 | 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 | 17.52 | 1.01 (5.45%) | 18.35% |
| An entry @18.53. This is a Buy Stop order right above the resistance zone. | An exit @17.52. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.01 points, which is 5.45%. | For a 1.00% total portfolio risk, you can invest 18.35% of your capital in this trade. |
- 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
17.87
-0.19 (-1.05%)
COLUMBIA FINANCIAL INC / CLBK 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 50.9717. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for COLUMBIA FINANCIAL INC?
COLUMBIA FINANCIAL INC (CLBK) has a support level at 16.48 and a resistance level at 18.14. Check the full technical report for our detailed analysis of CLBK support and resistance levels.