COMMERCE BANCSHARES INC (CBSH) Stock Technical Analysis
NASDAQ:CBSH - Nasdaq - US2005251036 - Common Stock
We assign a technical rating of 9 out of 10 to CBSH. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CBSH is showing a nice and steady performance.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, CBSH did better than 81% of all other 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 405 other stocks in this industry. CBSH outperforms 77% of them.
CBSH is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CBSH is lagging the market slightly.
In the last month CBSH has a been trading in the 60.41 - 65.91 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although CBSH has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
55.17
71.53
4 important support areas can be observed.
- A support zone ranging from 63.00 to 63.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 60.95 to 61.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @57.79 from a trend line in the daily time frame.
- Support @55.73 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important 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
CRS81.61
Mansfield0.53
10 Day High65.91
10 Day Low60.41
20 Day High65.91
20 Day Low60.41
52 Week High72.75
52 Week Low47.09
Performance
1 Week6.06%
2 Weeks5.29%
1 Month2.52%
3 Month12.34%
6 Month5.65%
12 Month28.63%
2 Year8.46%
3 Year10%
5 Year23.52%
10 Year108.93%
15 Year111.14%
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)0.43
RSI(14)57.42
LBB60.55
UBB65.39
COMMERCE BANCSHARES INC
NASDAQ:CBSH (1/22/2025, 10:33:51 AM)
66.29
+0.81 (+1.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.24%
1 Week6.06%
2 Weeks5.29%
1 Month2.52%
3 Month12.34%
6 Month5.65%
12 Month28.63%
2 Year8.46%
3 Year10%
5 Year23.52%
10 Year108.93%
15 Year111.14%
Volatility
ATR(14)1.45
ATR(20)%2.2%
ATR Inc-23.28%
Range Today1.39
ADR(20)1.37
ADR(20)%2.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.61
Mansfield0.53
10 Day High65.91
10 Day Low60.41
20 Day High65.91
20 Day Low60.41
52 Week High72.75
52 Week Low47.09
CS1 End63.84
CR1 Start70.24
Volume & EV
DER(3)0.81%
DER(5)-0.66%
Volume138.48K
Volume Incr12.52%
Vol(5)565.32K
Vol(50)522.82K