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 COLM
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Columbia Sportswear Company stock downgraded to Hold/Accumulate
(Updated on Mar 28, 2024)

Buy or Hold candidate since Mar 25, 2024 Gain 4.00% PDF

The Columbia Sportswear Company stock price gained 1.96% on the last trading day (Thursday, 28th Mar 2024), rising from $79.62 to $81.18. It has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 1.79% from a day low at $79.87 to a day high of $81.30. The price has risen in 8 of the last 10 days and is up by 2.09% over the past 2 weeks. Volume fell on the last day by -154 thousand shares and in total, 447 thousand shares were bought and sold for approximately $36.26 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 2.51% during the next 3 months and, with a 90% probability hold a price between $79.04 and $85.64 at the end of this 3-month period.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

COLM Signals & Forecast

The Columbia Sportswear Company 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 $78.86 and $80.16. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, March 18, 2024, and so far it has risen 5.66%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. 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 Sportswear Company stock

Columbia Sportswear Company finds support from accumulated volume at $79.73 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $1.43 between high and low, or 1.79%. For the last week the stock has had daily average volatility of 1.53%.

Our recommended stop-loss: $77.85 (-4.10%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 8 days ago.)

Trading Expectations (COLM) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Columbia Sportswear Company to open at $80.78, and during the day (based on 14 day Average True Range), to move between $79.71 and $82.65, which gives a possible trading interval of +/-$1.47 (+/-1.81%) up or down from last closing price. If Columbia Sportswear Company takes out the full calculated possible swing range there will be an estimated 3.62% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $81.25 (0.09%) than the support at $79.73 (1.79%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Columbia Sportswear Company stock A Buy?

Columbia Sportswear Company holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

Current score: 0.882 Hold/Accumulate Downgraded

Predicted Opening Price for Columbia Sportswear Company of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$80.78 ( 0.489%) $81.18

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

Trading levels for COLM

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 82.21 1.27 %
R2 81.67 0.600 %
R1 81.33 0.184 %
Current price: 81.18
Support S1 80.24 -1.16 %
S2 79.90 -1.58 %
S3 79.35 -2.25 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 82.07 1.10 %
R2 81.36 0.222 %
R1 81.25 0.0862 %
Current price 81.18
Support S1 79.73 -1.79%
S2 78.07 -3.83%
S3 77.58 -4.43%

COLM Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 01, 2024 Mar 07, 2024 Mar 22, 2024 $0.300 0.387%
2 Oct 26, 2023 Nov 16, 2023 Nov 30, 2023 $0.300 0.383%
3 Oct 26, 2023 Nov 15, 2023 Nov 30, 2023 $0.300 0.383%
4 Jul 21, 2023 Aug 21, 2023 Sep 05, 2023 $0.300 0.417%
5 Apr 21, 2023 May 17, 2023 Jun 01, 2023 $0.300 0.408%

FAQ

What is the symbol for Columbia Sportswear Company Stock and on which exchange is it traded?
The symbol for Columbia Sportswear Company is COLM and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Columbia Sportswear Company Stock?
Columbia Sportswear Company holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

How to buy Columbia Sportswear Company Stock?
Columbia Sportswear Company 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 Sportswear Company Stock.

What's the current price of Columbia Sportswear Company Stock?
As of the end of day on the 2024-03-28, the price of an Columbia Sportswear Company (COLM) share was $81.18.

What is the 52-week high and low for Columbia Sportswear Company Stock?
The 52-week high for Columbia Sportswear Company Stock is $91.63 and the 52-week low is $66.06.

What is the market capitalization of Columbia Sportswear Company Stock?
As of the 2024-03-28, the market capitalization of Columbia Sportswear Company is 4.854B.

When is the next earnings date for Columbia Sportswear Company?
The upcoming earnings date for Columbia Sportswear Company is Apr 25, 2024.
Click to get the best stock tips daily for free!

About Columbia Sportswear Company

Columbia Sportswear Company Columbia Sportswear Company, together with its subsidiaries, designs, sources, markets, and distributes outdoor, active, and everyday lifestyle apparel, footwear, accessories, and equipment in the United States, Latin America, the Asia Pacific, Europe, the Middle East, Africa, and Canada. The company provides apparel, accessories, and equipment that are used in various activities, such as skiing, snowboarding, hiking, climbing, mountaineering, ca... COLM Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT