CLARUS CORP (CLAR) Technical Analysis
NASDAQ:CLAR • US18270P1093
Current stock price
CLAR Technical Rating and Analysis
Taking everything into account, CLAR scores 0 out of 10 in our technical rating. CLAR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, CLAR is a bad performer in the overall market: 87% of all stocks are doing better.
- CLAR is part of the Leisure Products industry. There are 31 other stocks in this industry, of which 66% are performing better than CLAR.
- CLAR is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- CLAR is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
CLAR Weekly and Daily overview Charts
CLAR Setup Rating and Analysis
Although the technical rating is bad, CLAR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 2.70, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CLAR in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
CLAR Support and Resistance Analysis
2.60
When analyzing the support we notice one important area.
- A support zone ranging from 2.63 to 2.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 2.71 to 2.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.61 from a trend line in the weekly time frame.
- Resistance @3.72 from a trend line in the daily time frame.
- Resistance @3.82 from a horizontal line in the weekly time frame.
- Resistance @3.93 from a horizontal line in the weekly time frame.
CLAR Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The short term trend for CLAR is down. |
| ChartMill Relative Strength | 13.21 | NEGATIVE | CLAR has a low relative strength, it was outperformed by 86.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CLAR is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CLAR is below a declining 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) | 41.11 | NEUTRAL | The RSI value for CLAR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests CLAR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 37.5 | NEUTRAL | The Stochastics value for CLAR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.35 | MEDIUM VOLATILITY | The ATR as a percentage value for CLAR suggests some volalility. |
| Average Directional Index/ADX (14) | 31.48 | POSITIVE | The high ADX value value for CLAR suggests a strong trend. |
CLAR Chart- and CandleStick Pattern Analysis
CLAR Technicals: Chart, Performance Metrics, Trend & Indicators
2.71
+0.02 (+0.74%)
CLARUS CORP / CLAR TA FAQ
Can you provide the ChartMill technical rating for CLARUS CORP?
ChartMill assigns a technical rating of 0 / 10 to CLAR.
What is the trend direction for CLAR stock?
The current trend direction for CLARUS CORP (CLAR) is Bearish.
Can you provide the RSI signal for CLARUS CORP?
CLARUS CORP (CLAR) has an RSI value of 41.1131. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CLARUS CORP?
The MACD indicator for CLARUS CORP (CLAR) has a value of 0.0257492, indicating a bearish trend.
What is the short term momentum for CLARUS CORP (CLAR) stock?
The short term momentum for CLARUS CORP (CLAR) is negative.