Why Commerce Bancshares, Inc. ($CBSH) Is Acting Slightly Strange (2019-11-08)

REPORTING FOR 2019-11-08 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how CBSH has been trading over the last 2 weeks and the past day especially. On its latest session, Commerce Bancshares, Inc. ($CBSH) opened at 66.31, reaching a high of 66.32 and a low of 65.79 before closing at a price of 66.19. There was a total volume of 257809.

VOLUME INDICATORS FOR COMMERCE BANCSHARES, INC. ($CBSH): We saw an accumulation-distribution index of 7056.64127, an on-balance volume of 66.55, chaikin money flow of 105.0 and a force index of 0.184. There was an ease of movement rating of -0.00066, a volume-price trend of 7.58028 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR COMMERCE BANCSHARES, INC. ($CBSH): We noted an average true range of 0.66186, bolinger bands of 65.96228, an upper bollinger band of 65.70772, lower bollinger band of 65.79, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 66.14, high band keltner channel of 66.13, low band keltner channel of 66.15, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 65.79, a donchian channel low band of 65.79, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR COMMERCE BANCSHARES, INC. ($CBSH): We calculated a Moving Average Convergence Divergence (MACD) of 0.00202, a MACD signal of 0.00112, a MACD difference of 0.0009, a fast Exponential Moving Average (EMA) indicator of 65.79, a slow Exponential Moving Average (EMA) indicator of 65.79, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.58778, a trix of 8.82604, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of -6.75554, a KST Oscillator (KST) of 114.43378 and a KST Oscillator (KST Signal) of 114.43378 (leaving a KST difference of 0.38113). We also found an Ichimoku rating of 66.315, an Ichimoku B rating of 66.315, a Ichimoku visual trend A of 60.34055, an Ichimoku visual trend B of 61.19065, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.

MOMENTUM INDICATORS FOR COMMERCE BANCSHARES, INC. ($CBSH): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 92.85276, a stochastic oscillator of 5300.0, a stochastic oscillator signal of 5300.0, a Williams %R rating of 5200.0 and an awesome oscillator of -0.14433.

RETURNS FOR COMMERCE BANCSHARES, INC. ($CBSH): There was a daily return of 11.44338, a daily log return of 0.13671 and a cumulative return of 0.1368.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-11-08 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Commerce Bancshares, Inc. ($CBSH)…

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 Commerce Bancshares, Inc. ($CBSH) 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.

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