COLUMBIA SPORTSWEAR CO (COLM)       89.77  +1.98 (+2.26%)

89.77  +1.98 (+2.26%)

US1985161066 - Common Stock - After market: 89.77 0 (0%)

Technical Rating

8

Taking everything into account, COLM scores 8 out of 10 in our technical rating. Although COLM is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.



The long and short term trends are both positive. This is looking good!
COLM is one of the better performing stocks in the Textiles, Apparel & Luxury Goods industry, it outperforms 93% of 49 stocks in the same industry.
COLM is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
When comparing the yearly performance of all stocks, we notice that COLM is one of the better performing stocks in the market, outperforming 86% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
COLM is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.

Statistics

1 Month 3 Months 6 Months 12 Months 24.25% 20.76% 19.33% -11.36% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 86.11 65.02 - 101.64
COLM Weekly chart
COLM Daily chart

Support/Resistance Analysis


68.04

92.08
When analyzing the support we can see 4 important areas.
  • A support zone ranging from 87.79 to 89.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @75.38 from a trend line in the daily time frame.
  • Support @71.05 from a horizontal line in the daily time frame.
  • Support @68.73 from a horizontal line in the daily time frame.
We found 1 important resistance area.
  • A resistance zone ranging from 89.99 to 91.17. This zone is formed by a combination of multiple trend lines in multiple time frames.

Setup Analysis

Setup Rating

7

Besides having an excellent technical rating, COLM also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 89.99. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 89.76, a Stop Loss order could be placed below this zone.


Possible Trading Setup

Given the decent technical rating and the setup score, we can suggest the following trade.


ENTRYEXITDISTANCECAPITAL
91.1887.783.40 (3.73%)25.00%
An entry @91.18. This is a Buy Stop order right above the resistance zone.An exit @87.78. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 3.40 points, which is 3.73%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.93%.

  • The distance between exit and entry is rather small compared to the average daily movement of COLM. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
COLM Daily chart

COLUMBIA SPORTSWEAR CO89.77

NASDAQ:COLM (12/8/2022, 3:30:00 PM)+1.98 (+2.26%)

After market: 89.77 0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector Consumer Discretionary
GICS Industry Textiles, Apparel & Luxury Goods
Performance
Today 2.26% 1 Week -0.44%
2 Weeks 1.45% 1 Month 24.25%
3 Month 20.76% 6 Month 19.33%
Volatility
ATR(14) 2.8 ATR(20)% 3.26%
ATR Inc -17.96% Range Today 1.92
Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)
Relative Strength & Ranges
CRS 86.11 Mansfield 1.41
10 Day High 91.59 10 Day Low 86.06
20 Day High 91.59 20 Day Low 75.03
52 Week High 101.64 52 Week Low 65.02
CS1 End 89.76 CR1 Start 89.99
Volume & EV
DER(3) 0.5% DER(5) 1.97%
Volume 205.43K Volume Incr -6.09%
Vol(5) 310.69K Vol(50) 380.28K

Technical Stock Screener Links

Screen Image

Technical Stock Screener

Find stocks with similar TA and Setup ratings on the USA

Screen Image

Best Technical Competitors Stock Screener

Find the competitors with the best technical ratings on the USA

Screen Image

Best Technical Setups Competitors Stock Screener

Find the competitors with the best technical and setup ratings on the USA