CPH:COLOB - Nasdaq Copenhagen A/S - DK0060448595 - Common Stock - Currency: DKK
Taking everything into account, COLOB scores 0 out of 10 in our technical rating. COLOB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
COLOB has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 619.41. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 608.14, a Stop Loss order could be placed below this zone.
583.89
We found 1 important support area.
We can see 2 important resistance 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 COLOB.CO is down. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for COLOB.CO is neutral. |
ChartMill Relative Strength | 12.06 | NEGATIVE | COLOB.CO has a low relative strength, it was outperformed by 87.94% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of COLOB.CO is above a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of COLOB.CO is above a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of COLOB.CO is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 55.12 | NEUTRAL | The RSI value for COLOB.CO is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.58 | POSITIVE | The MACD value suggests COLOB.CO has a positive trend. |
Stochastics (14,3) | 78.2 | NEUTRAL | The Stochastics value for COLOB.CO is a neutral value. |
Average True Range in percent/ATR (20) | 2.05 | MEDIUM VOLATILITY | The ATR as a percentage value for COLOB.CO suggests some volalility. |
Average Directional Index/ADX (14) | 31.24 | POSITIVE | The high ADX value value for COLOB.CO suggests a strong trend. |
CPH:COLOB (8/21/2025, 5:00:45 PM)
619.4
-11.2 (-1.78%)