CLARUS CORP (CLAR) Technical Analysis
NASDAQ:CLAR • US18270P1093
Current stock price
CLAR Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to CLAR. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, CLAR is a bad performer in the overall market: 86% of all stocks are doing better.
- CLAR is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so CLAR is lagging the market.
- In the last month CLAR has a been trading in the 2.75 - 3.47 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- CLAR is part of the Leisure Products industry. There are 32 other stocks in this industry, CLAR did better than 41% of them.
CLAR Weekly and Daily overview Charts
CLAR Setup Rating and Analysis
The technical rating of CLAR is bad and it also does not present a quality setup 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.
More info and screens
CLAR Support and Resistance Analysis
2.75
When analyzing the resistance we notice 2 important areas.
- Resistance @3.60 from a trend line in the weekly time frame.
- A resistance zone ranging from 3.76 to 3.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 14.19 | NEGATIVE | CLAR has a low relative strength, it was outperformed by 85.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CLAR is below 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) | 28.58 | OVERSOLD | The low RSI value suggests CLAR may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests CLAR has a negative trend. |
| Stochastics (14,3) | 18.67 | OVERSOLD | The low Stochastics value suggests CLAR may be oversold. |
| Average True Range in percent/ATR (20) | 5.8 | HIGH VOLATILITY | The high ATR as a percentage value for CLAR suggests high volalility. |
| Average Directional Index/ADX (14) | 33.85 | 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
2.775
-0.1 (-3.65%)
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.
What is the RSI signal for CLARUS CORP (CLAR) stock?
CLARUS CORP (CLAR) has an RSI value of 28.5826. This indicates that the stock is currently oversold.
What is the short term momentum for CLAR stock?
The short term momentum for CLARUS CORP (CLAR) is negative.
What is the buy/sell signal for CLARUS CORP (CLAR) stock?
The buy/sell signal for CLARUS CORP (CLAR) is sell as both the short term and long term trends are negative.