COBIZ FINANCIAL INC (COBZ) Technical Analysis
NASDAQ:COBZ • US1908971088
Taking everything into account, COBZ scores 4 out of 10 in our technical rating. 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.
- When comparing the yearly performance of all stocks, we notice that COBZ is one of the better performing stocks in the market, outperforming 77% of all stocks.
- COBZ 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 COBZ is performing more or less in line with the market.
- 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 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
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.
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 Technicals: Chart, Performance Metrics, Trend & Indicators
22.14
-0.43 (-1.91%)
COBIZ FINANCIAL INC / COBZ 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.
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 MACD signal for COBZ stock?
The MACD indicator for COBIZ FINANCIAL INC (COBZ) has a value of -0.140694, indicating a bearish trend.
Can you provide the support and resistance levels for COBIZ FINANCIAL INC?
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.