COLB Makes Notable Cross Below Critical Moving Average

In trading on Wednesday, shares of Columbia Banking System, Inc. ( COLB) crossed below their 200 day moving average of $24.88, changing hands as low as $24.87 per share. Columbia Banking System, Inc. shares are currently trading off about 3.9% on the day. The chart below shows the one year performance of COLB shares, versus its 200 day moving average:

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Columbia Banking System, Inc. 200 Day Moving Average Chart

Looking at the chart above, COLB's low point in its 52 week range is $19.56 per share, with $28.56 as the 52 week high point — that compares with a last trade of $24.94.

According to the ETF Finder at ETF Channel, COLB makes up 2.37% of the KBW Regional Banking Portfolio ETF ( KBWR) which is trading lower by about 1.3% on the day Wednesday.

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