COMMERCE BANCSHARES INC (CBSH) Stock Technical Analysis
NASDAQ:CBSH - Nasdaq - US2005251036 - Common Stock - Currency: USD
Overall CBSH gets a technical rating of 4 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month CBSH has a been trading in the 63.93 - 68.87 range, which is quite wide. It is currently trading near the lows of this range.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
When comparing the yearly performance of all stocks, we notice that CBSH is one of the better performing stocks in the market, outperforming 76% of all stocks. However, we also see that CBSH couldn't keep up this performance in the last couple of months.
CBSH is part of the Banks industry. There are 405 other stocks in this industry, CBSH did better than 60% of them.
CBSH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CBSH is lagging the market.
Although the technical rating is only medium, CBSH does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
55.17
71.53
5 important support areas can be observed.
- Support @63.96 from a trend line in the daily time frame.
- Support @62.26 from a trend line in the weekly time frame.
- Support @61.14 from a horizontal line in the daily time frame.
- Support @59.31 from a trend line in the daily time frame.
- Support @55.73 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 64.80 to 66.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @68.82 from a horizontal line in the daily time frame.
- A resistance zone ranging from 70.24 to 70.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.85
Mansfield0.25
10 Day High68.63
10 Day Low63.93
20 Day High68.87
20 Day Low63.93
52 Week High72.75
52 Week Low47.89
Performance
1 Week-3.69%
2 Weeks-6.71%
1 Month-2.69%
3 Month-8.83%
6 Month5.84%
12 Month29.36%
2 Year6.65%
3 Year3.2%
5 Year33.8%
10 Year96.7%
15 Year101.6%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.38
RSI(14)40.21
LBB64.1
UBB69.01
63.99
-0.91 (-1.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.4%
1 Week-3.69%
2 Weeks-6.71%
1 Month-2.69%
3 Month-8.83%
6 Month5.84%
12 Month29.36%
2 Year6.65%
3 Year3.2%
5 Year33.8%
10 Year96.7%
15 Year101.6%
Volatility
ATR(14)1.4
ATR(20)%2.14%
ATR Inc10.77%
Range Today1.33
ADR(20)1.35
ADR(20)%2.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.85
Mansfield0.25
10 Day High68.63
10 Day Low63.93
20 Day High68.87
20 Day Low63.93
52 Week High72.75
52 Week Low47.89
CS1 End63.96
CR1 Start64.8
Volume & EV
DER(3)-1.66%
DER(5)-0.99%
Volume519.80K
Volume Incr-21.73%
Vol(5)427.22K
Vol(50)509.58K