COMMERCE BANCSHARES INC (CBSH)
US2005251036 - Common Stock
Taking everything into account, CBSH scores 7 out of 10 in our technical rating. In the last year, CBSH was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month CBSH has a been trading in the 62.23 - 72.75 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
When comparing the yearly performance of all stocks, we notice that CBSH is one of the better performing stocks in the market, outperforming 79% of all stocks. We also observe that the gains produced by CBSH over the past year are nicely spread over this period.
CBSH is part of the Banks industry. There are 406 other stocks in this industry. CBSH outperforms 73% of them.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
CBSH is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CBSH is lagging the market slightly.
Although CBSH has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
53.78
71.53
We found 4 important support areas.
- Support @59.30 from a trend line in the weekly time frame.
- Support @56.90 from a trend line in the daily time frame.
- Support @55.73 from a horizontal line in the weekly time frame.
- Support @54.32 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- 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
CRS79.28
Mansfield0.34
10 Day High69
10 Day Low62.23
20 Day High72.75
20 Day Low62.23
52 Week High72.75
52 Week Low47.09
Performance
1 Week-6.66%
2 Weeks-8.32%
1 Month-7.84%
3 Month6.92%
6 Month22.35%
12 Month22.58%
2 Year2.09%
3 Year6.15%
5 Year18.4%
10 Year84.97%
15 Year107.76%
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)-0.98
RSI(14)31.47
LBB62.9
UBB71.32
COMMERCE BANCSHARES INC
NASDAQ:CBSH (12/20/2024, 8:00:02 PM)
After market: 63.03 0 (0%)63.03
+0.14 (+0.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.22%
1 Week-6.66%
2 Weeks-8.32%
1 Month-7.84%
3 Month6.92%
6 Month22.35%
12 Month22.58%
2 Year2.09%
3 Year6.15%
5 Year18.4%
10 Year84.97%
15 Year107.76%
Volatility
ATR(14)1.46
ATR(20)%2.29%
ATR Inc82.26%
Range Today1.72
ADR(20)1.41
ADR(20)%2.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.28
Mansfield0.34
10 Day High69
10 Day Low62.23
20 Day High72.75
20 Day Low62.23
52 Week High72.75
52 Week Low47.09
CS1 End59.3
CR1 Start70.24
Volume & EV
DER(3)-2.82%
DER(5)-0.88%
Volume1.61M
Volume Incr74.81%
Vol(5)817.78K
Vol(50)583.40K