COLOMBIER ACQUISITION CORP-A (CLBR) Stock Technical Analysis
NYSE:CLBR • KYG2283U1004
Overall CLBR gets a technical rating of 8 out of 10. Both in the recent history as in the last year, CLBR has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- CLBR 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 CLBR is lagging the market slightly.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- CLBR has an average volume of 1498690 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, CLBR did better than 93% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- In the last month CLBR has a been trading in the 12.89 - 18.45 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CLBR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 14.88, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
10.02
5 important support areas can be observed.
- A support zone ranging from 14.57 to 14.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @13.51 from a trend line in the daily time frame.
- Support @10.85 from a trend line in the daily time frame.
- Support @10.63 from a trend line in the weekly time frame.
- A support zone ranging from 10.12 to 10.27. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 17.25 to 17.25. 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 CLBR is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CLBR is neutral. |
| ChartMill Relative Strength | 93.84 | POSITIVE | CLBR has a high relative strength, it outperformed 93.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CLBR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CLBR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CLBR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.1 | NEUTRAL | The RSI value for CLBR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests CLBR has a positive trend. |
| Stochastics (14,3) | 76.44 | NEUTRAL | The Stochastics value for CLBR is a neutral value. |
| Average True Range in percent/ATR (20) | 8.1 | HIGH VOLATILITY | The high ATR as a percentage value for CLBR suggests high volalility. |
| Average Directional Index/ADX (14) | 31.77 | POSITIVE | The high ADX value value for CLBR 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 |
|---|---|---|---|
| 17.26 | 14.76 | 2.50 (14.48%) | 6.90% |
| An entry @17.26. This is a Buy Stop order right above the resistance zone. | An exit @14.76. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.50 points, which is 14.48%. | For a 1.00% total portfolio risk, you can invest 6.90% 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.
17.24
+0.28 (+1.65%)
COLOMBIER ACQUISITION CORP-A / CLBR FAQ
Can you provide the ChartMill technical rating for COLOMBIER ACQUISITION CORP-A?
ChartMill assigns a technical rating of 8 / 10 to CLBR.
What is the trend direction for CLBR stock?
The current trend direction for COLOMBIER ACQUISITION CORP-A (CLBR) is Bullish.
What is the RSI signal for CLBR stock?
COLOMBIER ACQUISITION CORP-A (CLBR) has an RSI value of 61.0952. This indicates that the stock is currently neutral.
What are the support and resistance levels for COLOMBIER ACQUISITION CORP-A (CLBR) stock?
COLOMBIER ACQUISITION CORP-A (CLBR) has a support level at 14.88 and a resistance level at 17.25. Check the full technical report for our detailed analysis of CLBR support and resistance levels.