We assign a technical rating of 7 out of 10 to COLB. Although COLB is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although COLB has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
22.64
5 important support areas can be observed.
- A support zone ranging from 26.25 to 26.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @25.67 from a horizontal line in the daily time frame.
- A support zone ranging from 24.85 to 25.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 23.83 to 24.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @22.87 from a trend line in the weekly time frame.
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 COLB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for COLB is up. |
| ChartMill Relative Strength | 34.78 | NEUTRAL | COLB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of COLB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of COLB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of COLB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.14 | NEUTRAL | The RSI value for COLB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests COLB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.4 | OVERBOUGHT | The high Stochastics value suggests COLB may be overbought. |
| Average True Range in percent/ATR (20) | 2.89 | MEDIUM VOLATILITY | The ATR as a percentage value for COLB suggests some volalility. |
| Average Directional Index/ADX (14) | 15.51 | NEGATIVE | The low ADX value for COLB suggests a weak or negative trend. |
27.72
-0.64 (-2.26%)
COLUMBIA BANKING SYSTEM INC / COLB FAQ
What is the ChartMill technical rating of COLUMBIA BANKING SYSTEM INC (COLB) stock?
ChartMill assigns a technical rating of 7 / 10 to COLB.
Can you provide the trend direction for COLUMBIA BANKING SYSTEM INC?
The current trend direction for COLUMBIA BANKING SYSTEM INC (COLB) is Bullish.
What is the RSI signal for COLB stock?
COLUMBIA BANKING SYSTEM INC (COLB) has an RSI value of 58.1416. This indicates that the stock is currently neutral.
What is the MACD signal for COLB stock?
The MACD indicator for COLUMBIA BANKING SYSTEM INC (COLB) has a value of 0.147196, indicating a bearish trend.
What is the buy/sell signal for COLUMBIA BANKING SYSTEM INC (COLB) stock?
The buy/sell signal for COLUMBIA BANKING SYSTEM INC (COLB) is buy as both the short term and long term trends are positive.