Columbia Sportswear (NASDAQ: COLM) Swing Trade Setup – Score 96 – November 2026
Columbia Sportswear (NASDAQ: COLM) Swing Trade Setup – Score 96 – November 2026
Current context as of early November 2, 2026: COLM closed near $71.12 after hitting a new 52-week high following a strong Q3 beat and raised guidance. View live chart on TradingView
Fundamentals Snapshot
- Q3 2026 results: Net sales $962.6 million (+2% YoY). Diluted EPS $1.66 (beat estimates). Operating income rose sharply to $109.6 million (11.4% of sales) versus $67.4 million a year earlier.
- International growth and stronger direct-to-consumer trends offset U.S. wholesale timing shifts. Management raised full-year 2026 guidance: net sales $3.46–$3.50 billion (2–3% growth) and diluted EPS $4.65–$4.90.
- Analyst sentiment is mixed-to-constructive (consensus Hold). Average targets cluster in the $70–$73 range with some bulls at $80–$83 after the beat. High end of recent targets reaches the low $90s.
- 52-week range: roughly $48–$71. Valuation remains reasonable (trailing P/E ~15). Dividend yield ~1.7%. Beta under 1.0 (lower volatility than the broader market).
Technical Context
COLM has broken out to fresh 52-week highs on strong volume after the earnings report. Price is well above both the 50-day (~$58–60) and 200-day moving averages, confirming an uptrend. Prior resistance near $67–$69 has now flipped to support. Momentum is positive on the daily timeframe; RSI is elevated but not yet extreme on a multi-week basis. This is a classic post-earnings momentum continuation swing.
The high score (96) reflects the clean technical breakout combined with fundamental confirmation (earnings beat + raised guidance). The bullish case holds as long as price remains above the recent breakout zone (~$65–$67). A sustained close back below $64–$65 would weaken the setup.
Potential Swing Setup Table
Approximate levels based on the recent breakout structure and moving averages (reference price ~$71). Percentages, risk/reward, and probabilities are estimates drawn from typical similar setups — not guarantees. Always size positions so a full stop represents an acceptable portfolio loss.
View COLM chart on TradingView →
| Setup Type | Entry Zone | Stop Loss | Target 1 | Target 2 | Est. Reward | Est. Risk | R:R | Est. Prob. | Notes |
|---|---|---|---|---|---|---|---|---|---|
| Aggressive breakout | $71–73 (new highs / continuation) | $65–66 | $78 | $82–85 | +10–18% | –7–8% | 1.5–2.5 : 1 | 40–50% | Needs volume hold above prior highs. Trail stop after Target 1. |
| Pullback / support | $66–68 (breakout retest) | $63–64 | $75 | $80–83 | +10–20% | –5–6% | 2–3 : 1 | 45–55% | Preferred entry if available. Prefer higher low with volume. |
| Conservative confirmation | Hold above $72 on weekly close | $66–67 | $80 | $85+ | +11–18% | –7% | ~2 : 1 | 35–45% | Waits for weekly confirmation of the breakout. |
| Invalidation zone | Close below $64–65 | — | — | — | — | — | — | — | Avoid new longs. Potential retest of $58–60 moving-average zone. |
Key Notes
- Best risk-defined approaches are the pullback retest of the breakout zone or a confirmed hold above the new highs.
- Consider taking partial profits at Target 1 and trailing the remainder with a rising stop.
- Primary risks include consumer discretionary softness, inventory or wholesale timing issues, and any broader market risk-off move. Valuation is not stretched, which helps the risk/reward.
Data synthesized from public company reports, exchange prices, and analyst consensus figures available as of early November 2026. Chart: TradingView – COLM
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