CLEAR BLUE TECHNOLOGIES INTE (CBLU.CA) Stock Technical Analysis
TSX-V:CBLU - TSX Venture Exchange - CA18453C4048 - Common Stock - Currency: CAD
Overall CBLU gets a technical rating of 8 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CBLU is showing a nice and steady performance.
In the last month CBLU has a been trading in the 0.08 - 0.14 range, which is quite wide. It is currently trading near the lows of this range.
The long and short term trends are both positive. This is looking good!
CBLU is one of the better performing stocks in the Independent Power and Renewable Electricity Producers industry, it outperforms 100% of 37 stocks in the same industry.
Looking at the yearly performance, CBLU did better than 98% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
CBLU is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CBLU is lagging the market slightly.
Although CBLU has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.09
0.12
2 important resistance areas can be observed.
- A resistance zone ranging from 0.10 to 0.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.12 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for CBLU.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CBLU.CA is up. |
| ChartMill Relative Strength | 98.81 | POSITIVE | CBLU.CA has a high relative strength, it outperformed 98.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CBLU.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CBLU.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CBLU.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.2 | NEUTRAL | The RSI value for CBLU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CBLU.CA has a negative trend. |
| Stochastics (14,3) | 44.44 | NEUTRAL | The Stochastics value for CBLU.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 12.78 | HIGH VOLATILITY | The high ATR as a percentage value for CBLU.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 21.59 | NEUTRAL | The ADX value for CBLU.CA suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX-V:CBLU (6/5/2025, 7:00:00 PM)
0.09
-0.02 (-18.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg-18.18%
1 Week5.88%
2 Weeks-5.26%
1 Month-37.93%
3 Month350%
6 Month500%
12 Month63.64%
2 Year80%
3 Year-25%
5 Year-41.94%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%12.78%
ATR Inc44.83%
Range Today0.01
ADR(20)0.01
ADR(20)%5.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.81
Mansfield7.82
10 Day High0.13
10 Day Low0.08
20 Day High0.14
20 Day Low0.08
52 Week High0.15
52 Week Low0.01
CS1 EndN/A
CR1 Start0.1
Volume & EV
DER(3)0%
DER(5)0%
Volume46.67K
Volume Incr7.71%
Vol(5)78.33K
Vol(50)82.46K