Overall CLAR gets a technical rating of 2 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. CLAR was also a bad performer in the overall market in the last year.
CLAR has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 3.46, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
3.04
3 important support areas can be observed.
When analyzing the resistance we notice 4 important areas.
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 | DOWN | NEGATIVE | The long term trend for CLAR is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CLAR is neutral. |
| ChartMill Relative Strength | 14.65 | NEGATIVE | CLAR has a low relative strength, it was outperformed by 85.35% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CLAR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CLAR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CLAR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.98 | NEUTRAL | The RSI value for CLAR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CLAR has a negative trend. |
| Stochastics (14,3) | 42.3 | NEUTRAL | The Stochastics value for CLAR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.84 | MEDIUM VOLATILITY | The ATR as a percentage value for CLAR suggests some volalility. |
| Average Directional Index/ADX (14) | 14.33 | NEGATIVE | The low ADX value for CLAR suggests a weak or negative trend. |
3.49
0 (0%)
ChartMill assigns a technical rating of 2 / 10 to CLAR.
The current trend direction for CLARUS CORP (CLAR) is Bearish.
CLARUS CORP (CLAR) has an RSI value of 50.9784. This indicates that the stock is currently neutral.
The MACD indicator for CLARUS CORP (CLAR) has a value of -0.00462013, indicating a bearish trend.