Technical Analysis for CALB - California BanCorp

Grade Last Price % Change Price Change
D 22.32 1.04% 0.23
CALB closed up 1.04 percent on Friday, May 17, 2024, on 70 percent of normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
Crossed Above 50 DMA Bullish 0.00%
MACD Bullish Centerline Cross Bullish 0.00%
Upper Bollinger Band Walk Strength 0.00%
Earnings Movers Other 0.00%
Above Upper BB Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
Fell Below 50 DMA Bearish 1.04%
20 DMA Support Bullish 1.04%
200 DMA Support Bullish 1.04%
Doji - Bearish? Reversal 1.04%

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Profile

California BanCorp Description

California BanCorp operates as the bank holding company for California Bank of Commerce that provides commercial banking services to small to middle-market businesses, professionals, and not-for-profit organizations in California. It accepts various deposit products, including checking, attorney trust, money market, and savings accounts, as well as certificates of deposit. The company also provides commercial loans, such as lines of credit, standby letters of credit, and term loans; commercial real estate loans, including construction, SBA 504, bridge, land acquisition and development, and commercial real estate equity loans; and loans for business owners and officers, which include personal lines of credit, home equity loans/lines of credit, and term loans. In addition, it offers international banking services comprising export, standby, and import letters of credit; asset-based financing; dental and medical financing; cash and treasury management; and online and mobile banking services. The company operates six offices, including three banking branches and three loan production offices in Lafayette, Fremont, San Jose, Oakland, and Walnut Creek. California BanCorp was founded in 2007 and is headquartered in Oakland, California.


Classification

Sector: Financial Services
Industry: Banks - Regional
Keywords: Banking Bank Deposit Products Real Estate Loans Commercial Banking Mobile Banking Banking Services

Is CALB a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 27.82
52 Week Low 14.005
Average Volume 18,435
200-Day Moving Average 21.87
50-Day Moving Average 22.06
20-Day Moving Average 21.81
10-Day Moving Average 21.91
Average True Range 0.50
RSI (14) 59.51
ADX 32.57
+DI 26.20
-DI 7.95
Chandelier Exit (Long, 3 ATRs) 21.23
Chandelier Exit (Short, 3 ATRs) 22.76
Upper Bollinger Bands 22.32
Lower Bollinger Band 21.30
Percent B (%b) 1.0
BandWidth 4.69
MACD Line 0.02
MACD Signal Line -0.06
MACD Histogram 0.0813
Fundamentals Value
Market Cap 187.54 Million
Num Shares 8.4 Million
EPS 2.56
Price-to-Earnings (P/E) Ratio 8.72
Price-to-Sales 2.51
Price-to-Book 1.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 23.40
Resistance 3 (R3) 23.41 23.07 23.22
Resistance 2 (R2) 23.07 22.79 23.06 23.16
Resistance 1 (R1) 22.69 22.62 22.88 22.68 23.10
Pivot Point 22.35 22.35 22.44 22.34 22.35
Support 1 (S1) 21.97 22.07 22.16 21.96 21.54
Support 2 (S2) 21.63 21.90 21.62 21.48
Support 3 (S3) 21.25 21.63 21.42
Support 4 (S4) 21.24