Taking everything into account, COLM scores 2 out of 10 in our technical rating. In the past year, COLM 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.
Although the technical rating is bad, COLM does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 53.72. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 53.70, a Stop Loss order could be placed below this zone.
48.46
3 important support areas can be observed.
When analyzing the resistance we notice 2 important areas.
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 COLM is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for COLM is up. |
| ChartMill Relative Strength | 15.1 | NEGATIVE | COLM has a low relative strength, it was outperformed by 84.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of COLM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of COLM is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of COLM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.3 | NEUTRAL | The RSI value for COLM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.28 | POSITIVE | The MACD value suggests COLM has a positive trend. |
| Stochastics (14,3) | 83.91 | OVERBOUGHT | The high Stochastics value suggests COLM may be overbought. |
| Average True Range in percent/ATR (20) | 3.54 | MEDIUM VOLATILITY | The ATR as a percentage value for COLM suggests some volalility. |
| Average Directional Index/ADX (14) | 14.15 | NEGATIVE | The low ADX value for COLM suggests a weak or negative trend. |
53.71
-0.31 (-0.57%)
ChartMill assigns a technical rating of 2 / 10 to COLM.
The current trend direction for COLUMBIA SPORTSWEAR CO (COLM) is Bearish.
COLUMBIA SPORTSWEAR CO (COLM) has an RSI value of 54.296. This indicates that the stock is currently neutral.
The MACD indicator for COLUMBIA SPORTSWEAR CO (COLM) has a value of 0.279066, indicating a bearish trend.
The buy/sell signal for COLUMBIA SPORTSWEAR CO (COLM) is hold as the short term and long term trends are mixed.