COLUMBIA BANKING SYSTEM INC (COLB) Stock Technical Analysis
USA - NASDAQ:COLB - US1972361026 - Common Stock
25.36 USD
-0.48 (-1.86%)
25.36 USD
0 (0%)
Overall COLB gets a technical rating of 6 out of 10. COLB has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
In the last month COLB has a been trading in the 25.09 - 27.52 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
COLB has an average volume of 3783780 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, COLB turns out to be only a medium performer in the overall market: it outperformed 51% of all stocks.
COLB is part of the Banks industry. There are 392 other stocks in this industry, COLB did better than 41% of them.
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.
COLB has an average technical rating and the quality of the presented setup is also 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
21.77
27.58
3 important support areas can be observed.
- A support zone ranging from 24.42 to 24.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @23.72 from a trend line in the daily time frame.
- A support zone ranging from 21.99 to 22.45. 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 26.29 to 26.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 26.97 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 | UP | POSITIVE | The long term trend for COLB is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for COLB is neutral. |
| ChartMill Relative Strength | 51.76 | 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) | UP | POSITIVE | The current price of COLB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of COLB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.09 | NEUTRAL | The RSI value for COLB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests COLB has a negative trend. |
| Stochastics (14,3) | 8.94 | OVERSOLD | The low Stochastics value suggests COLB may be oversold. |
| Average True Range in percent/ATR (20) | 2.71 | MEDIUM VOLATILITY | The ATR as a percentage value for COLB suggests some volalility. |
| Average Directional Index/ADX (14) | 18.57 | 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
-0.48 (-1.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.86%
1 Week-2.31%
2 Weeks-6.18%
1 Month-1.59%
3 Month12.96%
6 Month2.59%
12 Month-1.71%
2 Year24.93%
3 Year-12.22%
5 Year6.33%
10 Year-18.74%
15 Year29.06%
Volatility
ATR(14)0.71
ATR(20)%2.71%
ATR Inc47.56%
Range Today0.9
ADR(20)0.68
ADR(20)%2.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.76
Mansfield-1.19
10 Day High27.48
10 Day Low25.09
20 Day High27.52
20 Day Low25.09
52 Week High32.85
52 Week Low19.61
CS1 End24.53
CR1 Start26.29
Volume & EV
DER(3)-0.84%
DER(5)0.45%
Volume4.50M
Volume Incr-18.85%
Vol(5)4.27M
Vol(50)3.78M