COLUMBIA BANKING SYSTEM INC (COLB) Technical Analysis
NASDAQ:COLB • US1972361026
Current stock price
COLB Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to COLB. COLB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, COLB is a bad performer in the overall market: 61% of all stocks are doing better.
- COLB is one of the lesser performing stocks in the Banks industry. 70% of 381 stocks in the same industry do better.
- In the last month COLB has a been trading in the 25.68 - 31.74 range, which is quite wide. It is currently trading near the lows of this range.
- COLB has an average volume of 3044140 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- 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 and the volatility has been reduced. There is a support zone below the current price at 26.13, a Stop Loss order could be placed below this zone.
More info and screens
COLB Support and Resistance Analysis
23.37
3 important support areas can be observed.
- A support zone ranging from 26.13 to 26.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @25.36 from a trend line in the daily time frame.
- A support zone ranging from 23.61 to 23.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 26.15 to 26.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @31.64 from a horizontal line 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 | DOWN | NEGATIVE | The long term trend for COLB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for COLB is down. |
| ChartMill Relative Strength | 39.53 | NEUTRAL | COLB is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of COLB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of COLB is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 30 | OVERSOLD | The low RSI value suggests COLB may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests COLB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.85 | OVERSOLD | The low Stochastics value suggests COLB may be oversold. |
| Average True Range in percent/ATR (20) | 3.8 | MEDIUM VOLATILITY | The ATR as a percentage value for COLB suggests some volalility. |
| Average Directional Index/ADX (14) | 33.96 | 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
26.14
-0.27 (-1.02%)
COLUMBIA BANKING SYSTEM INC / COLB TA FAQ
What is the technical rating for COLB stock?
ChartMill assigns a technical rating of 0 / 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 COLB stock?
COLUMBIA BANKING SYSTEM INC (COLB) has an RSI value of 29.9962. This indicates that the stock is currently oversold.
Can you provide the short term momentum for COLUMBIA BANKING SYSTEM INC?
The short term momentum for COLUMBIA BANKING SYSTEM INC (COLB) is negative.
Can you provide the buy/sell signal for COLUMBIA BANKING SYSTEM INC?
The buy/sell signal for COLUMBIA BANKING SYSTEM INC (COLB) is sell as both the short term and long term trends are negative.