We assign a technical rating of 6 out of 10 to CLAR. CLAR has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
CLAR has an average technical rating and also the quality of the setup is only medium 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.
3.09
When analyzing the support we can see 3 important areas.
We found 1 important resistance area.
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 CLAR is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CLAR is up. |
| ChartMill Relative Strength | 29.32 | NEGATIVE | CLAR has a low relative strength, it was outperformed by 70.68% 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) | UP | POSITIVE | The current price of CLAR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.78 | NEUTRAL | The RSI value for CLAR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CLAR has a positive trend. |
| Stochastics (14,3) | 59.07 | NEUTRAL | The Stochastics value for CLAR is a neutral value. |
| Average True Range in percent/ATR (20) | 4.04 | MEDIUM VOLATILITY | The ATR as a percentage value for CLAR suggests some volalility. |
| Average Directional Index/ADX (14) | 26.98 | POSITIVE | The high ADX value value for CLAR suggests a strong trend. |
3.83
+0.13 (+3.51%)
ChartMill assigns a technical rating of 6 / 10 to CLAR.
The current trend direction for CLARUS CORP (CLAR) is Bearish.
CLARUS CORP (CLAR) has an RSI value of 63.7818. This indicates that the stock is currently neutral.
The short term momentum for CLARUS CORP (CLAR) is positive.