COLUMBIA BANKING SYSTEM INC (COLB) Technical Analysis
NASDAQ:COLB • US1972361026
Current stock price
COLB Technical Rating and Analysis
We assign a technical rating of 3 out of 10 to COLB. Although COLB is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Looking at the yearly performance, COLB did better than 70% of all other stocks.
- In the last month COLB has a been trading in the 25.68 - 28.42 range, which is quite wide. It is currently trading near the high of this range.
- COLB has an average volume of 3190600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- COLB is an average performer in the Banks industry, it outperforms 51% of 380 stocks in the same industry.
- COLB is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so COLB is lagging the market slightly.
COLB Weekly and Daily overview Charts
COLB Setup Rating and Analysis
COLB has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 27.93. Right above this resistance zone may be a good entry point.
More info and screens
COLB Support and Resistance Analysis
23.49
When analyzing the support we can see 2 important areas.
- A support zone ranging from 25.75 to 26.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 23.73 to 23.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 27.93 to 28.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 31.64 to 32.07. This zone is formed by a combination of multiple trend lines in the weekly time frame.
COLB 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for COLB is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for COLB is neutral. |
| ChartMill Relative Strength | 70.55 | POSITIVE | COLB has a high relative strength, it outperformed 70.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of COLB is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of COLB is below a declining 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) | 52.4 | NEUTRAL | The RSI value for COLB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests COLB has a positive trend. |
| Stochastics (14,3) | 74.14 | NEUTRAL | The Stochastics value for COLB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.93 | MEDIUM VOLATILITY | The ATR as a percentage value for COLB suggests some volalility. |
| Average Directional Index/ADX (14) | 26.53 | POSITIVE | The high ADX value value for COLB suggests a strong trend. |
COLB Chart- and CandleStick Pattern Analysis
COLB Technicals: Chart, Performance Metrics, Trend & Indicators
27.92
+0.49 (+1.79%)
COLUMBIA BANKING SYSTEM INC / COLB TA FAQ
What is the technical rating for COLB stock?
ChartMill assigns a technical rating of 3 / 10 to COLB.
What is the trend direction for COLB stock?
The current trend direction for COLUMBIA BANKING SYSTEM INC (COLB) is Bearish.
What is the RSI signal for COLUMBIA BANKING SYSTEM INC (COLB) stock?
COLUMBIA BANKING SYSTEM INC (COLB) has an RSI value of 52.3995. This indicates that the stock is currently neutral.
What is the MACD signal for COLUMBIA BANKING SYSTEM INC (COLB) stock?
The MACD indicator for COLUMBIA BANKING SYSTEM INC (COLB) has a value of 0.221035, indicating a bearish trend.
What is the short term momentum for COLB stock?
The short term momentum for COLUMBIA BANKING SYSTEM INC (COLB) is neutral.