Technical Analysis for CALB - California BanCorp

Grade Last Price % Change Price Change
C 21.73 1.07% 0.23
CALB closed up 1.07 percent on Monday, July 1, 2024, on 1.86 times 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
Weak or Absent Down Up Up

Date Alert Name Type % Chg
Crossed Above 50 DMA Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Inside Day Range Contraction 0.00%
Up 3 Days in a Row Strength 0.00%
50 DMA Resistance Bearish 1.07%
Crossed Above 20 DMA Bullish 1.07%
MACD Bullish Signal Line Cross Bullish 1.07%
Pocket Pivot Bullish Swing Setup 1.07%
Volume Surge Other 1.07%
Upper Bollinger Band Touch Strength 1.07%

   Recent Intraday Alerts

Alert Time
Down 2 % about 7 hours ago
Down 1% about 7 hours ago
Rose Above 20 DMA 3 days ago
Rose Above Previous Day's High 3 days ago
50 DMA Resistance 3 days ago

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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 15.06
Average Volume 44,746
200-Day Moving Average 22.25
50-Day Moving Average 21.52
20-Day Moving Average 20.94
10-Day Moving Average 20.96
Average True Range 0.63
RSI (14) 57.81
ADX 23.87
+DI 25.35
-DI 26.00
Chandelier Exit (Long, 3 ATRs) 20.57
Chandelier Exit (Short, 3 ATRs) 21.51
Upper Bollinger Bands 21.91
Lower Bollinger Band 19.97
Percent B (%b) 0.91
BandWidth 9.23
MACD Line -0.15
MACD Signal Line -0.26
MACD Histogram 0.1113
Fundamentals Value
Market Cap 182.59 Million
Num Shares 8.4 Million
EPS 2.56
Price-to-Earnings (P/E) Ratio 8.49
Price-to-Sales 2.51
Price-to-Book 1.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 22.86
Resistance 3 (R3) 22.74 22.24 22.67
Resistance 2 (R2) 22.24 21.96 22.30 22.60
Resistance 1 (R1) 21.99 21.78 22.12 22.11 22.54
Pivot Point 21.49 21.49 21.56 21.55 21.49
Support 1 (S1) 21.24 21.21 21.37 21.36 20.92
Support 2 (S2) 20.74 21.03 20.80 20.86
Support 3 (S3) 20.49 20.74 20.79
Support 4 (S4) 20.61