Should You Invest In Columbia Sportswear Company ($COLM) Or Jerash Holdings (US), Inc. ($JRSH)?

2019-08-20 | Welcome! Today we compared how two different stocks in the Apparel industry are trading: Columbia Sportswear Company and Jerash Holdings (US), Inc.. While these two companies may have very different market capitalizations and balance sheets, they are worth comparing given how they are in the same sector. Below you’ll see how the different technical indicators differ between these two stocks, and we’ll also show what Trading View thinks of them based on the technical analysis. But before we get ahead of ourselves, please note that this is technical analysis only (ie. analyzing how these companies are trading, not digging into the company fundamentals), and therefore you should not rely only on this to guide you on whether you should buy or sell anything – take it with a grain of salt only, and pay attention to the disclaimer below. With that said, many traders find value in technical analysis and others even swear by it, so if that is you, I hope my analysis will be of use to you. Let’s get to it…

First things first: during its last day of trading, Columbia Sportswear Company opened at 92.7, got to a maximum price of 93.85 and dropped to as low as 91.89 before finishing the session at 93.02. In total there were 220000 shares traded, which is enough to conduct our analysis. Compare that now to Jerash Holdings (US), Inc., which opened at 7.29, had a high of 7.5, a low of 7.13, closed at 7.5 and had a total volume of 23400.0.

VOLUME ANALYSIS: Generally, the higher the volume indicators are, the better – you need liquidity to trade, after all. All of the volume indicators are as follows… (click here for an explanation on volume)

Volume Indicator Columbia Sportswear Company Jerash Holdings (US), Inc.
Accumulation-distribution index 969.93715 84.62857
on-balance volume -92.1 -7.3
chaikin money flow

2.4087 2.52381
force index

4.2135 0.046
ease of movement rating

-0.0091 0.00082
volume-price trend

-6.71736 0.15266
negative volume index

1000.0 1000.0

VOLATILITY ANALYSIS: Now to compare the volatility between these two companies… (click here for an explanation on volatility)

Volatility Indicator Columbia Sportswear Company Jerash Holdings (US), Inc.
Average true range 1.37559 0.09363
Bolinger bands 92.17341 7.20314
Upper bollinger band 91.29659 6.97686
Lower bollinger band

91.89 7.13
Bollinger high band indicator

1.0 1.0
Bollinger high low indicator

1.0 1.0
Central keltner channel

92.81333 7.30667
High band keltner channel

91.66333 7.09667
Low band keltner channel

93.96333 7.51667
High band keltner channel indicator

1.0 1.0
Low band keltner channel indicator

1.0 1.0
Donchain channel high band

91.89 7.13
Donchain channel low band

91.89 7.13
Donchain channel high band indicator

1.0 1.0
Donchain channel low band indicator

1.0 1.0

TREND ANALYSIS: Now for the most interesting and detailed part, the trend. Where is the stock actually going? Let’s compare the indicators… (click here for an explanation on trend)

Trend Indicator Columbia Sportswear Company Jerash Holdings (US), Inc.
Moving Average Convergence Divergence (MACD) trend_macd -0.00179
MACD signal -0.00386 -0.001
MACD difference -0.00309 -0.0008
fast Exponential Moving Average (EMA) indicator

91.89 7.13
slow Exponential Moving Average (EMA) indicator

91.89 7.13
Average Directional Movement Index (ADX)

unknown unknown
ADX positive

20.0 20.0
ADX negative

20.0 20.0
positive Vortex Indicator (VI)

1.0 1.0
negative VI

1.0 1.0
trend vortex difference

0.34228 0.77853

-5.88434 2.68571
Mass Index (MI)

1.0 1.0
Commodity Channel Index (CCI)

66.66667 -66.66667
Detrended Price Oscillator (DPO)

7.20981 -0.14005
KST Oscillator (KST)

-72.75299 20.03532
KST Oscillator (KST Signal)

-72.75299 20.03532
KST difference

-0.78204 -2.86125
Ichimoku rating

93.275 7.395
Ichimoku B rating

93.275 7.395
Ichimoku visual trend A

99.97168 7.06874
Ichimoku visual trend B

99.75616 7.06717
Aroon Indicator (AI)

4.0 4.0
AI indicator down

4.0 4.0
AI difference

-4.0 -4.0

MOMENTUM ANALYSIS: What about momentum? Let’s dive into it… (click here for an explanation on momentum)

Momentum Indicator Columbia Sportswear Company Jerash Holdings (US), Inc.
Relative Strength Index (RSI) 50.0 50.0
Money Flow Index (MFI) 34.51459 100.0
True Strength Index (TSI) -100.0 100.0
ultimate oscillator

-37.33471 46.67484
stochastic oscillator

170.43478 176.19048
stochastic oscillator signal

170.43478 176.19048
Williams %R rating

70.43478 76.19048
awesome oscillator

0.81642 -0.06224

RETURNS: That’s all for technical analysis. Now let’s just list the returns for Columbia Sportswear Company and Jerash Holdings (US), Inc..

Daily return -7.2753 2.00353
Daily log return -0.33793 -1.12836
Cumulative return -0.33736 -1.12202

So there you have it: our deep, grueling analysis comparing Columbia Sportswear Company and Jerash Holdings (US), Inc. together. But what does all of the above mean? Various technical indicators above are positive, while others are negative, and if we want to decide overall if the technical analysis indicates a bullish or bearish chart, we have to consider all of them together. That’s what the Trading View widget below can do, so let’s see what it says considering all these indicators. First, here’s Columbia Sportswear Company:

The verdict above will consider all these technical indicators and consider which are strong and weak, and then put them all together to come up with a conclusion stating whether COLM is strong or weak. Again – this is not a reliable indication of whether Columbia Sportswear Company is a good investment! None of these indicators consider the company fundamentals. All of this data is based on how it trades only. Now with that out of the way, let’s compare it with Jerash Holdings (US), Inc.

So there you have it. We hope you have found this analysis useful, and if you see any errors or have any feedback, please comment below.

How can you profit off trading these 2 companies and other stocks like it? First, check out the Beat The Market Analyzer software – this is worth its weight in gold. Some other great services for earning income from trading and investing are Dividend Stocks (an outstanding resource for anyone interested in high dividend paying stocks), Microcap Millionaires (the best site online for profiting off micro-cap stocks) and Trading Code (an extremely powerful system for profiting off trading).

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling anything based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

Gary Ivenchuck

Gary is a stock trading expert and is responsible for covering technical analysis news on Logistics Business Review. Recently he has been working tirelessly to analyse stocks for our readers, and is always available to hear from people asking for stock analysis.
Gary Ivenchuck

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