Columbia Sportswear Company Stock Forecast
Green day on Tuesday for Columbia Sportswear Company stock after gaining 0.0130%
(Updated on Jul 02, 2024)
The Columbia Sportswear Company stock price gained 0.0130% on the last trading day (Tuesday, 2nd Jul 2024), rising from $77.15 to $77.16. During the last trading day the stock fluctuated 1.47% from a day low at $76.58 to a day high of $77.71. The price has been going up and down for this period, and there has been a -5.88% loss for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 76 thousand more shares were traded than the day before. In total, 591 thousand shares were bought and sold for approximately $45.59 million.
The stock has broken the wide and weak rising short-term trend down. This signalizes a slower rate of rising, but may also be an early warning about a possible trend shift. Due to the trend being broken there will now be resistance at the bottom line of the trend at $77.25. A reaction back to this level may hold a second chance to get out before further falls.
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COLM Signals & Forecast
A buy signal was issued from a pivot bottom point on Monday, July 01, 2024, and so far it has risen 0.0130%. 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. The Columbia Sportswear Company stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $79.59 and $82.73. A break-up above any of these levels will issue buy signals. 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 $76.55 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 $1.13 between high and low, or 1.47%. For the last week, the stock has had daily average volatility of 2.32%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (COLM) For The Upcoming Trading Day Of Wednesday 3rd
For the upcoming trading day on Wednesday, 3rd we expect Columbia Sportswear Company to open at $77.15, and during the day (based on 14 day Average True Range), to move between $75.31 and $79.01, which gives a possible trading interval of +/-$1.85 (+/-2.39%) up or down from last closing price. If Columbia Sportswear Company takes out the full calculated possible swing range there will be an estimated 4.79% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $76.55 (0.79%) than the resistance at $79.01 (2.40%), 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 Sportswear Company stock A Buy?
The Columbia Sportswear Company stock holds several negative signals and despite the positive trend, we believe Columbia Sportswear Company will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -1.567 Sell Candidate Unchanged
Predicted Opening Price for Columbia Sportswear Company of Wednesday, July 3, 2024
Fair opening price July 3, 2024 | Current price |
---|---|
$77.15 ( 0.0151%) | $77.16 |
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 | |
---|---|---|
R3 | 78.27 | 1.44% |
R2 | 77.84 | 0.89% |
R1 | 77.58 | 0.542% |
Price | 77.16 | |
S1 | 76.72 | -0.572% |
S2 | 76.45 | -0.92% |
S3 | 76.02 | -1.47% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 83.57 | 8.31% |
R2 | 80.00 | 3.68% |
R1 | 79.01 | 2.40% |
Price | 77.16 | |
S1 | 76.55 | -0.791% |
S2 | 75.47 | -2.19% |
S3 | 74.21 | -3.82% |
COLM Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Apr 25, 2024 | May 15, 2024 | May 30, 2024 | $0.300 | 0.358% |
2 | Feb 01, 2024 | Mar 07, 2024 | Mar 22, 2024 | $0.300 | 0.387% |
3 | Oct 26, 2023 | Nov 16, 2023 | Nov 30, 2023 | $0.300 | 0.383% |
4 | Oct 26, 2023 | Nov 15, 2023 | Nov 30, 2023 | $0.300 | 0.383% |
5 | Jul 21, 2023 | Aug 21, 2023 | Sep 05, 2023 | $0.300 | 0.417% |
FAQ
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