COLUMBIA BANKING SYSTEM INC (COLB)

US1972361026 - Common Stock

26.99  +2.8 (+11.58%)

After market: 26.87 -0.12 (-0.44%)

Technical Rating and Analysis

9

Taking everything into account, COLB scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, COLB is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
COLB is one of the better performing stocks in the Banks industry, it outperforms 80% of 407 stocks in the same industry.
COLB 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 COLB is performing more or less in line with the market.
In the last month COLB has a been trading in the 19.07 - 27.00 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
COLB has an average volume of 2087690 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, COLB did better than 90% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
COLB Weekly chart
COLB Daily chart
Setup Rating and Analysis

1

Although COLB has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

18.71

27.45

3 important support areas can be observed.

  • Support @23.30 from a horizontal line in the daily time frame.
  • A support zone ranging from 19.24 to 19.41. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @18.90 from a trend line in the weekly time frame.

We found 1 important resistance area.

  • Resistance @27.18 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.33
Mansfield1.48
10 Day High27
10 Day Low21.74
20 Day High27
20 Day Low19.08
52 Week High28.12
52 Week Low17.08
Performance
1 Week15.84%
2 Weeks25.89%
1 Month41.46%
3 Month41.16%
6 Month32.24%
12 Month21.36%
2 Year-10.54%
3 Year-22.75%
5 Year-28.43%
10 Year5.88%
15 Year122.32%
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)
Technical Indicators
MACD(12,26,9)0.37
RSI(14)82.09
LBB19.73
UBB26.33
COLB Daily chart

COLUMBIA BANKING SYSTEM INC

NASDAQ:COLB (7/26/2024, 7:23:08 PM)

After market: 26.87 -0.12 (-0.44%)

26.99

+2.8 (+11.58%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg11.58%
1 Week15.84%
2 Weeks25.89%
1 Month41.46%
3 Month41.16%
6 Month32.24%
12 Month21.36%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1
ATR(20)%3.15%
ATR Inc
Range Today2.1
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High27
10 Day Low21.74
20 Day High27
20 Day Low19.08
52 Week High28.12
52 Week Low17.08
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume5.08M
Volume Incr34.93%
Vol(5)3.02M
Vol(50)2.09M