COLUMBIA BANKING SYSTEM INC (COLB) Stock Technical Analysis
USA - NASDAQ:COLB - US1972361026 - Common Stock
25.36 USD
+1.04 (+4.28%)
25.3648 USD
+0 (+0.02%)
Overall COLB gets a technical rating of 2 out of 10. In the last year, COLB was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
73% of all other stocks performed better in the past year than COLB.
COLB is one of the lesser performing stocks in the Banks industry. 72% of 391 stocks in the same industry do better.
COLB has an average volume of 5380710 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
COLB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so COLB is lagging the market.
In the last month COLB has a been trading in the 23.82 - 27.32 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
COLB has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 24.32, a Stop Loss order could be placed below this zone.
More info and screens
22.33
27.58
2 important support areas can be observed.
- A support zone ranging from 24.07 to 24.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @22.56 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 25.41 to 26.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 26.73 to 27.31. 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 | NEUTRAL | NEUTRAL | The long term trend for COLB is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for COLB is down. |
| ChartMill Relative Strength | 27.57 | NEGATIVE | COLB has a low relative strength, it was outperformed by 72.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of COLB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of COLB is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of COLB is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.58 | NEUTRAL | The RSI value for COLB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests COLB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.73 | NEUTRAL | The Stochastics value for COLB is a neutral value. |
| Average True Range in percent/ATR (20) | 3.54 | MEDIUM VOLATILITY | The ATR as a percentage value for COLB suggests some volalility. |
| Average Directional Index/ADX (14) | 13.33 | NEGATIVE | The low ADX value for COLB suggests a weak or negative 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)
25.36
+1.04 (+4.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg4.28%
1 Week-1.36%
2 Weeks-4.59%
1 Month-2.8%
3 Month2.18%
6 Month12.06%
12 Month-9.1%
2 Year28.93%
3 Year-24.23%
5 Year-10.74%
10 Year-23.89%
15 Year39.26%
Volatility
ATR(14)1
ATR(20)%3.54%
ATR Inc-5.29%
Range Today1.06
ADR(20)0.87
ADR(20)%3.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.57
Mansfield-1.18
10 Day High26.92
10 Day Low23.83
20 Day High27.32
20 Day Low23.83
52 Week High32.85
52 Week Low19.61
CS1 End24.32
CR1 Start25.41
Volume & EV
DER(3)2.35%
DER(5)2.21%
Volume5.88M
Volume Incr14.96%
Vol(5)6.49M
Vol(50)5.38M