COASTAL FINANCIAL CORP/WA (CCB) Stock Technical Analysis
NASDAQ:CCB - Nasdaq - US19046P2092 - Common Stock - Currency: USD
Taking everything into account, CCB scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CCB is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, CCB did better than 96% of all other stocks. On top of that, CCB also shows a nice and consistent pattern of rising prices.
CCB is part of the Banks industry. There are 404 other stocks in this industry. CCB outperforms 99% of them.
CCB is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month CCB has a been trading in the 78.48 - 92.46 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
CCB has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 89.89, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
78.87
92.38
When analyzing the support we can see 3 important areas.
- A support zone ranging from 88.32 to 89.89. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 84.77 to 86.73. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 79.67 to 79.67. 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
CRS96.2
Mansfield4.73
10 Day High92.46
10 Day Low85.9
20 Day High92.46
20 Day Low78.48
52 Week High92.46
52 Week Low35.67
Performance
1 Week3.54%
2 Weeks2.89%
1 Month9.57%
3 Month19.27%
6 Month72.42%
12 Month135.63%
2 Year98.2%
3 Year92.16%
5 Year458.08%
10 YearN/A
15 YearN/A
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)0.17
RSI(14)62.4
LBB85.82
UBB92.6
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 92.47 | 88.31 | 4.16 (4.50%) | 22.23% |
| An entry @92.47. This is a Buy Stop order right above the 10 day high. | An exit @88.31. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 4.16 points, which is 4.50%. | For a 1.00% total portfolio risk, you can invest 22.23% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
91.47
-0.83 (-0.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.9%
1 Week3.54%
2 Weeks2.89%
1 Month9.57%
3 Month19.27%
6 Month72.42%
12 Month135.63%
2 Year98.2%
3 Year92.16%
5 Year458.08%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.36
ATR(20)%3.08%
ATR Inc-19.76%
Range Today2.78
ADR(20)2.81
ADR(20)%3.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.2
Mansfield4.73
10 Day High92.46
10 Day Low85.9
20 Day High92.46
20 Day Low78.48
52 Week High92.46
52 Week Low35.67
CS1 End89.89
CR1 StartN/A
Volume & EV
DER(3)2.31%
DER(5)1.03%
Volume92.00K
Volume Incr-28.23%
Vol(5)78.08K
Vol(50)127.93K