COLUMBIA BANKING SYSTEM INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
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High / Low range:	-

Type:	Stocks
Ticker:	COLB
ISIN:

COLUMBIA BANKING SYSTEM INC. - Daily - Technical analysis published on 12/18/2019 (GMT)

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Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Court terme: Strongly bullish

De fond: Strongly bullish

Technical indicators

89%

My opinion

Bullish above 37.34 USD

My targets

43.35 USD (+6.02%)

45.10 USD (+10.30%)

My analysis

The bullish trend is currently very strong on COLUMBIA BANKING SYSTEM INC.. As long as the price remains above the support at 37.34 USD, you could try to benefit from the boom. The first bullish objective is located at 43.35 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 45.10 USD as an objective. Crossing it would then enable buyers to target 47.25 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

FORCE

8.8

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The COLUMBIA BANKING SYSTEM INC. rating is 40.89 USD. The price has increased by +1.04% since the last closing and was between 40.44 USD and 40.97 USD. This implies that the price is at +1.11% from its lowest and at -0.20% from its highest.

40.44

40.97

40.89

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of COLUMBIA BANKING SYSTEM INC. indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily

Ichimoku - Bullish crossover : Tenkan & Kijun

Type : Bullish

Timeframe : Daily

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	33.16	35.17	37.34	40.89	40.90	43.35	45.10
Change (%)	-18.90%	-13.99%	-8.68%	-	+0.02%	+6.02%	+10.30%
Change	-7.73	-5.72	-3.55	-	+0.01	+2.46	+4.21
Level	Major	Minor	Major	-	Major	Minor	Intermediate

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	39.92	40.09	40.28	40.45	40.63	40.80	40.99
Camarilla	40.37	40.40	40.43	40.47	40.50	40.53	40.56
Woodie	39.93	40.10	40.29	40.45	40.64	40.81	41.00
Fibonacci	40.09	40.23	40.31	40.45	40.58	40.67	40.80

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	37.23	37.96	38.88	39.61	40.53	41.26	42.18
Camarilla	39.36	39.51	39.66	39.81	39.96	40.11	40.26
Woodie	37.34	38.01	38.99	39.66	40.64	41.31	42.29
Fibonacci	37.96	38.59	38.98	39.61	40.24	40.63	41.26

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	35.99	37.32	38.20	39.54	40.42	41.75	42.63
Camarilla	38.47	38.67	38.88	39.08	39.28	39.49	39.69
Woodie	35.76	37.21	37.97	39.42	40.19	41.64	42.40
Fibonacci	37.32	38.17	38.69	39.54	40.38	40.90	41.75

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	66.74
MACD (12,26,9):	0.2900
Directional Movement:	16.20
AROON (14):	71.43
DEMA (21):	39.84
Parabolic SAR (0,02-0,02-0,2):	38.31
Elder Ray (13):	1.07
Super Trend (3,10):	38.69
Zig ZAG (10):	40.89
VORTEX (21):	1.0100
Stochastique (14,3,5):	90.33
TEMA (21):	39.81
Williams %R (14):	-2.57
Chande Momentum Oscillator (20):	1.81
Repulse (5,40,3):	2.1700
ROCnROLL:	1
TRIX (15,9):	0.0300
Courbe Coppock:	2.49

MA7:	39.75
MA20:	39.31
MA50:	38.88
MA100:	37.23
MAexp7:	39.96
MAexp20:	39.50
MAexp50:	38.82
MAexp100:	37.88
Price / MA7:	+2.87%
Price / MA20:	+4.02%
Price / MA50:	+5.17%
Price / MA100:	+9.83%
Price / MAexp7:	+2.33%
Price / MAexp20:	+3.52%
Price / MAexp50:	+5.33%
Price / MAexp100:	+7.95%

News

The latest news and videos published on COLUMBIA BANKING SYSTEM INC. at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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