CLARUS CORP (CLAR) Stock Technical Analysis
USA - NASDAQ:CLAR - US18270P1093 - Common Stock
Taking everything into account, CLAR scores 1 out of 10 in our technical rating. CLAR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
CLAR has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 3.50. Right above this resistance zone may be a good entry point. 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
3.04
We found 2 important support areas.
- Support @3.21 from a horizontal line in the daily time frame.
- A support zone ranging from 3.07 to 3.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 3.50 to 3.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 3.73 to 3.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 3.94 to 4.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 16.93 | NEGATIVE | CLAR has a low relative strength, it was outperformed by 83.07% 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) | UP | MIXED | The current price of CLAR is below 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) | 53.96 | 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. |
| Stochastics (14,3) | 83.39 | OVERBOUGHT | The high Stochastics value suggests CLAR may be overbought. |
| Average True Range in percent/ATR (20) | 4.57 | MEDIUM VOLATILITY | The ATR as a percentage value for CLAR suggests some volalility. |
| Average Directional Index/ADX (14) | 14.73 | NEGATIVE | The low ADX value for CLAR suggests a weak or negative trend. |
3.5
+0.11 (+3.24%)
CLARUS CORP / CLAR FAQ
Can you provide the ChartMill technical rating for CLARUS CORP?
ChartMill assigns a technical rating of 1 / 10 to CLAR.
Can you provide the trend direction for CLARUS CORP?
The current trend direction for CLARUS CORP (CLAR) is Bearish.
What is the RSI signal for CLARUS CORP (CLAR) stock?
CLARUS CORP (CLAR) has an RSI value of 53.9589. This indicates that the stock is currently neutral.
What is the MACD signal for CLARUS CORP (CLAR) stock?
The MACD indicator for CLARUS CORP (CLAR) has a value of 0.0254109, indicating a bearish trend.