COLUMBIA SPORTSWEAR CO (COLM) Stock Technical Analysis
NASDAQ:COLM • US1985161066
We assign a technical rating of 6 out of 10 to COLM. COLM has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- When comparing the yearly performance of all stocks, COLM is a bad performer in the overall market: 72% of all stocks are doing better.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- COLM is an average performer in the Textiles, Apparel & Luxury Goods industry, it outperforms 47% of 45 stocks in the same industry.
- COLM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so COLM is lagging the market.
- In the last month COLM has a been trading in the 51.72 - 67.91 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
COLM has an average technical rating and also the quality of the setup is only medium 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
48.81
When analyzing the support we can see 5 important areas.
- A support zone ranging from 61.52 to 61.87. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 56.42 to 57.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @53.68 from a trend line in the weekly time frame.
- Support @52.80 from a trend line in the daily time frame.
- A support zone ranging from 49.30 to 49.30. 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 63.30 to 64.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 65.54 to 65.69. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 COLM is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for COLM is up. |
| ChartMill Relative Strength | 28.23 | NEGATIVE | COLM has a low relative strength, it was outperformed by 71.77% 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) | UP | POSITIVE | The current price of COLM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of COLM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.22 | NEUTRAL | The RSI value for COLM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.62 | POSITIVE | The MACD value suggests COLM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 64.24 | NEUTRAL | The Stochastics value for COLM is a neutral value. |
| Average True Range in percent/ATR (20) | 3.85 | MEDIUM VOLATILITY | The ATR as a percentage value for COLM suggests some volalility. |
| Average Directional Index/ADX (14) | 29.81 | POSITIVE | The high ADX value value for COLM suggests a strong trend. |
63.29
+1.41 (+2.28%)
COLUMBIA SPORTSWEAR CO / COLM FAQ
Can you provide the ChartMill technical rating for COLUMBIA SPORTSWEAR CO?
ChartMill assigns a technical rating of 6 / 10 to COLM.
What is the trend direction for COLM stock?
The current trend direction for COLUMBIA SPORTSWEAR CO (COLM) is Bearish.
What is the RSI signal for COLUMBIA SPORTSWEAR CO (COLM) stock?
COLUMBIA SPORTSWEAR CO (COLM) has an RSI value of 64.2188. This indicates that the stock is currently neutral.
What is the short term momentum for COLM stock?
The short term momentum for COLUMBIA SPORTSWEAR CO (COLM) is positive.
What are the support and resistance levels for COLUMBIA SPORTSWEAR CO (COLM) stock?
COLUMBIA SPORTSWEAR CO (COLM) has a support level at 61.87 and a resistance level at 63.3. Check the full technical report for our detailed analysis of COLM support and resistance levels.