Columbia Banking Technical Analysis (NASDAQ:COLB)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. A COLB stock chart pattern can give those who understand technical analysis an indication of which way COLB stock is headed, but cannot predict with 100% certainty as to what can happen to the Columbia Banking stock price.
You can view Simple Moving Average (SMA 20 day, 50 day & 100 day), Exponential Moving Average (EMA 20 day, 50 day & 100 day) charts, and Bollinger Bands for Columbia Banking. Technical analysis is used by finance professionals and is popular among traders, especially day traders. Undertaking Columbia Banking stock analysis using these technical indicators helps identify trading opportunities.
Columbia Banking Moving Average:
Moving averages show the COLB stock price trend. The two most popular types of moving averages are the Simple Moving Average (SMA) and the Exponential Moving Average (EMA). The 20 day moving average of $79.3 is below the last closing price of $40.97 and the 50 day moving average of $79.6 is below the $40.97 price. The 10 and 20 day periods can predict short term moving average trends.
Columbia Banking Bollinger Bands:
Bollinger Bands developed from the concept of trading bands and can be used to measure the high-low range of Columbia Banking stock price relative to previous trades. The stock price is trading between the average and the lower band in the context of Columbia Banking bollinger bands.
Columbia Banking Moving Average Convergence Divergence or MACD:
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The Columbia Banking MACD indicator is below 0 indicating a bearish trend.
Columbia Banking Relative Strength Index:
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. 88.28 is the RSI value of COLB stock. .