We assign a technical rating of 0 out of 10 to CLAQ. CLAQ scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of CLAQ is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
5.54
We can see 2 important resistance areas.
- A resistance zone ranging from 9.89 to 10.01. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @10.52 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for CLAQ is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CLAQ is down. |
| ChartMill Relative Strength | 13.75 | NEGATIVE | CLAQ has a low relative strength, it was outperformed by 86.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CLAQ is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CLAQ is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CLAQ is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 15.48 | OVERSOLD | The low RSI value suggests CLAQ may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.53 | NEGATIVE | The MACD value suggests CLAQ has a negative trend. |
| Stochastics (14,3) | 11.13 | OVERSOLD | The low Stochastics value suggests CLAQ may be oversold. |
| Average True Range in percent/ATR (20) | 13.35 | HIGH VOLATILITY | The high ATR as a percentage value for CLAQ suggests high volalility. |
| Average Directional Index/ADX (14) | 49.95 | POSITIVE | The high ADX value value for CLAQ suggests a strong trend. |
5.6
-0.5 (-8.2%)
CLEANTECH ACQUISITION CORP / CLAQ FAQ
Can you provide the ChartMill technical rating for CLEANTECH ACQUISITION CORP?
ChartMill assigns a technical rating of 0 / 10 to CLAQ.
What is the trend direction for CLAQ stock?
The current trend direction for CLEANTECH ACQUISITION CORP (CLAQ) is Bearish.
What is the RSI signal for CLAQ stock?
CLEANTECH ACQUISITION CORP (CLAQ) has an RSI value of 15.4828. This indicates that the stock is currently oversold.
Can you provide the support and resistance levels for CLEANTECH ACQUISITION CORP?
CLEANTECH ACQUISITION CORP (CLAQ) has a resistance level at 9.89. Check the full technical report for our detailed analysis of CLAQ support and resistance levels.