RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of COLB
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Stronger technical forecast for Columbia Banking System stock price after Wednesday trading.
(Updated on Mar 27, 2024)

Buy candidate since Mar 27, 2024 PDF

The Columbia Banking System stock price gained 3.97% on the last trading day (Wednesday, 27th Mar 2024), rising from $18.37 to $19.10. During the last trading day the stock fluctuated 3.69% from a day low at $18.42 to a day high of $19.10. The price has fallen in 7 of the last 10 days and is down by -0.83% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 1 million more shares were traded than the day before. In total, 3 million shares were bought and sold for approximately $54.44 million.

The stock lies the upper part of a very wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $19.14 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -31.86% during the next 3 months and, with a 90% probability hold a price between $9.88 and $13.04 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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COLB Signals & Forecast

The Columbia Banking System stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $18.53 and $18.59. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, February 26, 2024, and so far it has risen 7.73%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Columbia Banking System stock

Columbia Banking System finds support from accumulated volume at $19.01 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.680 between high and low, or 3.69%. For the last week, the stock has had daily average volatility of 2.78%.

Our recommended stop-loss: $17.99 (-5.79%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 22 days ago.)

Trading Expectations (COLB) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Columbia Banking System to open at $18.87, and during the day (based on 14 day Average True Range), to move between $18.49 and $19.71, which gives a possible trading interval of +/-$0.607 (+/-3.18%) up or down from last closing price. If Columbia Banking System takes out the full calculated possible swing range there will be an estimated 6.36% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $19.01 (0.47%) than the resistance at $19.49 (2.04%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Columbia Banking System stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 2.383 Buy Candidate Upgraded

Predicted Opening Price for Columbia Banking System of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$18.87 ( 1.19%) $19.10

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for COLB

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 19.55 2.37 %
R2 19.29 1.01 %
R1 19.13 0.173 %
Current price: 19.10
Support S1 18.61 -2.55 %
S2 18.45 -3.39 %
S3 18.19 -4.75 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 20.18 5.65 %
R2 20.16 5.55 %
R1 19.49 2.04 %
Current price 19.10
Support S1 19.01 -0.471%
S2 18.22 -4.61%
S3 18.10 -5.24%

COLB Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 09, 2024 Feb 22, 2024 Mar 11, 2024 $0.360 1.84%
2 Nov 22, 2023 Nov 22, 2023 Dec 11, 2023 $0.360 1.46%
3 Aug 14, 2023 Aug 24, 2023 Sep 11, 2023 $0.360 1.78%
4 May 15, 2023 May 30, 2023 Jun 15, 2023 $0.360 1.56%
5 Jan 24, 2023 Feb 03, 2023 Feb 21, 2023 $0.300 0.97%

FAQ

What is the symbol for Columbia Banking System Stock and on which exchange is it traded?
The symbol for Columbia Banking System is COLB and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Columbia Banking System Stock?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

How to buy Columbia Banking System Stock?
Columbia Banking System Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Columbia Banking System Stock.

What's the current price of Columbia Banking System Stock?
As of the end of day on the 2024-03-27, the price of an Columbia Banking System (COLB) share was $19.10.

What is the 52-week high and low for Columbia Banking System Stock?
The 52-week high for Columbia Banking System Stock is $28.12 and the 52-week low is $17.18.

What is the market capitalization of Columbia Banking System Stock?
As of the 2024-03-27, the market capitalization of Columbia Banking System is 3.985B.

When is the next earnings date for Columbia Banking System?
The upcoming earnings date for Columbia Banking System is Apr 24, 2024.
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About Columbia Banking System

Columbia Banking System Columbia Banking System, Inc. operates as the bank holding company for Columbia State Bank that provides a range of banking services to small and medium-sized businesses, professionals, and individuals in the United States. It offers personal banking products and services, including noninterest and interest-bearing checking, savings, money market, and certificate of deposit accounts; home mortgages for purchases and refinances, home equity loans ... COLB Profile

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