COLUMBIA BANKING SYSTEM INC (COLB)

US1972361026 - Common Stock

18.99  -0.22 (-1.15%)

Technical Rating and Analysis

2

We assign a technical rating of 2 out of 10 to COLB. In the past year, COLB was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.

When comparing the yearly performance of all stocks, COLB is a bad performer in the overall market: 75% of all stocks are doing better.
COLB is part of the Banks industry. There are 411 other stocks in this industry, of which 75% are performing better than COLB.
COLB is currently trading in the lower part 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.
In the last month COLB has a been trading in the 17.07 - 19.47 range, which is quite wide. It is currently trading near the high of this range.
COLB has an average volume of 3003500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
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

3

The technical rating of COLB is bad and it also does not present a quality setup 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.

Support and Resistance Analysis

17.18

24.86

We found 2 important support areas.

  • Support @17.65 from a horizontal line in the weekly time frame.
  • Support @17.35 from a horizontal line in the daily time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 19.25 to 19.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @24.61 from a trend 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
CRS25.24
Mansfield-1.71
10 Day High19.31
10 Day Low17.08
20 Day High19.47
20 Day Low17.08
52 Week High28.12
52 Week Low17.08
Performance
1 Week9.83%
2 Weeks6.43%
1 Month4.57%
3 Month-5.88%
6 Month0%
12 Month-10.07%
2 Year-31.59%
3 Year-55.87%
5 Year-48.83%
10 Year-22.6%
15 Year94.04%
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)0.16
RSI(14)58.89
LBB16.98
UBB19.51
COLB Daily chart

COLUMBIA BANKING SYSTEM INC

NASDAQ:COLB (4/25/2024, 9:44:03 AM)

18.99

-0.22 (-1.15%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.15%
1 Week9.83%
2 Weeks6.43%
1 Month4.57%
3 Month-5.88%
6 Month0%
12 Month-10.07%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.54
ATR(20)%2.79%
ATR Inc
Range Today0.16
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 High19.31
10 Day Low17.08
20 Day High19.47
20 Day Low17.08
52 Week High28.12
52 Week Low17.08
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume8.05K
Volume Incr-6.11%
Vol(5)2.05M
Vol(50)3.00M