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COBIZ FINANCIAL INC (COBZ) Stock Technical Analysis

USA - Nasdaq - NASDAQ:COBZ - US1908971088

22.14
-0.43 (-1.91%)
Last: 9/28/2018, 8:00:00 PM
22.14
0 (0%)
After Hours: 9/28/2018, 8:00:00 PM
Technical Rating and Analysis

4

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 short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
COBIZ FINANCIAL INC / COBZ Weekly stock chart
COBIZ FINANCIAL INC / COBZ Daily stock chart
Setup Rating and Analysis

1

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.

Support and Resistance Analysis

18.86

23.66

When analyzing the support we can see 4 important areas.

  • 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.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for COBZ is up.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for COBZ is down.
ChartMill Relative Strength77.09POSITIVECOBZ has a high relative strength, it outperformed 77.09% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of COBZ is below a declining SMA(20).
Simple Moving Average/SMA (50)UPMIXEDThe current price of COBZ is below the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of COBZ is above the rising SMA(200).
Relative Strength Index/RSI (14)29.58OVERSOLDThe low RSI value suggests COBZ may be oversold.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.14NEGATIVEThe MACD value suggests COBZ has a negative trend.
Stochastics (14,3)3.53OVERSOLDThe low Stochastics value suggests COBZ may be oversold.
Average True Range in percent/ATR (20)1.2LOW VOLATILITYThe low ATR as a percentage value for COBZ suggests low volalility.
Chart- and CandleStick Pattern Analysis
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)
COBIZ FINANCIAL INC / COBZ Daily stock chart

COBIZ FINANCIAL INC

NASDAQ:COBZ (9/28/2018, 8:00:00 PM)

After market: 22.14 0 (0%)

22.14

-0.43 (-1.91%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.91%
1 Week-5.47%
2 Weeks-4.45%
1 Month-3.53%
3 Month3.07%
6 Month12.96%
12 Month12.73%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.28
ATR(20)%1.2%
ATR Inc65.29%
Range Today0.42
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.09
3 months CRSN/A
6 months CRSN/A
Mansfield-0.14
10 Day High23.55
10 Day Low22.1
20 Day High23.55
20 Day Low22.1
52 Week High23.55
52 Week Low18.02
CS1 End22.13
CR1 Start22.53
Volume & EV
DER(3)1.58%
DER(5)1.23%
Volume5.34M
Volume Incr351.87%
Vol(5)1.27M
Vol(50)409.88K

COBIZ FINANCIAL INC / COBZ FAQ

What is the technical rating for COBZ stock?

ChartMill assigns a technical rating of 4 / 10 to COBZ.


Can you provide the trend direction for COBIZ FINANCIAL INC?

The current trend direction for COBIZ FINANCIAL INC (COBZ) is Bullish.


What is the RSI signal for COBIZ FINANCIAL INC (COBZ) stock?

COBIZ FINANCIAL INC (COBZ) has an RSI value of 29.58. This indicates that the stock is currently oversold.


What is the short term momentum for COBIZ FINANCIAL INC (COBZ) stock?

The short term momentum for COBIZ FINANCIAL INC (COBZ) is negative.


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.