COBIZ FINANCIAL INC (COBZ) Technical Analysis
NASDAQ:COBZ • US1908971088
Current stock price
COBZ Technical Rating and Analysis
Overall COBZ gets a technical rating of 4 out of 10. In the last year, COBZ was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
- In the last month COBZ has a been trading in the 22.10 - 23.55 range, which is quite wide. It is currently trading near the lows of this range.
- Looking at the yearly performance, COBZ did better than 77% of all other stocks.
- COBZ 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 COBZ is lagging the market slightly.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- Volume is considerably higher in the last couple of days.
COBZ Weekly and Daily overview Charts
COBZ Setup Rating and Analysis
COBZ has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
COBZ Support and Resistance Analysis
18.86
4 important support areas can be observed.
- Support @22.13 from a horizontal line in the daily time frame.
- Support @21.77 from a trend line in the weekly time frame.
- Support @19.55 from a trend line in the weekly time frame.
- Support @19.05 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 22.53 to 23.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
COBZ 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 COBZ is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for COBZ is down. |
| ChartMill Relative Strength | 77.09 | POSITIVE | COBZ has a high relative strength, it outperformed 77.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of COBZ is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of COBZ is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of COBZ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 29.58 | OVERSOLD | The low RSI value suggests COBZ may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests COBZ has a negative trend. |
| Stochastics (14,3) | 3.53 | OVERSOLD | The low Stochastics value suggests COBZ may be oversold. |
| Average True Range in percent/ATR (20) | 1.2 | LOW VOLATILITY | The low ATR as a percentage value for COBZ suggests low volalility. |
COBZ Chart- and CandleStick Pattern Analysis
COBZ Technicals: Chart, Performance Metrics, Trend & Indicators
22.14
-0.43 (-1.91%)
COBIZ FINANCIAL INC / COBZ TA FAQ
What is the technical rating for COBZ stock?
ChartMill assigns a technical rating of 4 / 10 to COBZ.
What is the trend direction for COBZ stock?
The current trend direction for COBIZ FINANCIAL INC (COBZ) is Bullish.
Can you provide the RSI signal for COBIZ FINANCIAL INC?
COBIZ FINANCIAL INC (COBZ) has an RSI value of 29.58. This indicates that the stock is currently oversold.
Can you provide the buy/sell signal for COBIZ FINANCIAL INC?
The buy/sell signal for COBIZ FINANCIAL INC (COBZ) is hold as the short term and long term trends are mixed.
What is the support and resistance level for COBZ stock?
COBIZ FINANCIAL INC (COBZ) has a support level at 22.13 and a resistance level at 22.53. Check the full technical report for our detailed analysis of COBZ support and resistance levels.