COLOMBIER ACQUISITION CORP-A (CLBR) Stock Technical Analysis
NYSE:CLBR - KYG2283U1004 - Common Stock
17.24 USD
+0.28 (+1.65%)
16.9 USD
-0.34 (-1.97%)
Overall CLBR gets a technical rating of 8 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CLBR is showing a nice and steady performance.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
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.
When comparing the yearly performance of all stocks, we notice that CLBR is one of the better performing stocks in the market, outperforming 93% of all 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.
Besides having an excellent technical rating, CLBR 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
17.42
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.
When analyzing the resistance we notice one important 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. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
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%. | When investing 6.90% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.65%
1 Week6.95%
2 Weeks11.51%
1 Month16.02%
3 Month59.63%
6 Month55.32%
12 Month67.05%
2 Year70.1%
3 Year78.84%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.53
ATR(20)%8.1%
ATR Inc52.25%
Range Today2.75
ADR(20)1.34
ADR(20)%7.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.84
Mansfield3.72
10 Day High18.45
10 Day Low14.77
20 Day High18.45
20 Day Low12.89
52 Week High18.45
52 Week Low10.15
CS1 End14.88
CR1 Start17.25
Volume & EV
DER(3)1.7%
DER(5)0.13%
Volume5.02M
Volume Incr151.01%
Vol(5)2.95M
Vol(50)1.50M