CORE LABORATORIES INC (CLB) Technical Analysis
NYSE:CLB • US21867A1051
Current stock price
14.07 USD
-0.58 (-3.96%)
At close:
13.79 USD
-0.28 (-1.99%)
After Hours:
CLB Technical Rating and Analysis
Taking everything into account, CLB scores 1 out of 10 in our technical rating. CLB'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.
- 79% of all other stocks performed better in the past year than CLB.
- CLB is one of the lesser performing stocks in the Energy Equipment & Services industry. 90% of 62 stocks in the same industry do better.
- In the last month CLB has a been trading in the 13.45 - 17.95 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.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- CLB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CLB is lagging the market.
CLB Weekly and Daily overview Charts
CLB Setup Rating and Analysis
The technical rating of CLB is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
CLB Support and Resistance Analysis
13.93
19.89
We can see 6 important resistance areas.
- Resistance @16.15 from a horizontal line in the daily time frame.
- A resistance zone ranging from 16.46 to 16.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @17.27 from a trend line in the daily time frame.
- Resistance @17.61 from a horizontal line in the daily time frame.
- Resistance @18.78 from a trend line in the weekly time frame.
- Resistance @19.69 from a horizontal line in the weekly time frame.
CLB 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 | NEUTRAL | NEUTRAL | The long term trend for CLB is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CLB is neutral. |
| ChartMill Relative Strength | 21.98 | NEGATIVE | CLB has a low relative strength, it was outperformed by 78.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CLB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CLB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CLB is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 32.83 | NEUTRAL | The RSI value for CLB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests CLB has a negative trend. |
| Stochastics (14,3) | 30.98 | NEUTRAL | The Stochastics value for CLB is a neutral value. |
| Average True Range in percent/ATR (20) | 5.73 | HIGH VOLATILITY | The high ATR as a percentage value for CLB suggests high volalility. |
| Average Directional Index/ADX (14) | 21.62 | NEUTRAL | The ADX value for CLB suggests a possible start of a new trend. |
CLB Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
CLB Technicals: Chart, Performance Metrics, Trend & Indicators
14.07
-0.58 (-3.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-3.96%
1 Week-19.37%
2 Weeks-14.73%
1 Month-13.84%
3 Month-27.99%
6 Month-11.73%
12 Month14.02%
2 Year-24.92%
3 Year-35.67%
5 Year-66.34%
10 Year-88.4%
15 Year-86.3%
Volatility
ATR(14)0.89
ATR(20)%5.73%
ATR Inc225.15%
Range Today1.04
ADR(20)0.71
ADR(20)%5.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.98
3 months CRS8.86
6 months CRS24.81
Mansfield-1.09
10 Day High17.95
10 Day Low13.45
20 Day High17.95
20 Day Low13.45
52 Week High20.36
52 Week Low9.72
CS1 EndN/A
CR1 Start16.15
Volume & EV
DER(3)-1.11%
DER(5)-1.18%
Volume1.01M
Volume Incr116.02%
Vol(5)748.98K
Vol(50)419.88K
CORE LABORATORIES INC / CLB TA FAQ
Can you provide the ChartMill technical rating for CORE LABORATORIES INC?
ChartMill assigns a technical rating of 1 / 10 to CLB.
What is the current trend direction of CORE LABORATORIES INC (CLB) stock?
The current trend direction for CORE LABORATORIES INC (CLB) is Bearish.
What is the RSI signal for CLB stock?
CORE LABORATORIES INC (CLB) has an RSI value of 32.8349. This indicates that the stock is currently neutral.
What are the support and resistance levels for CORE LABORATORIES INC (CLB) stock?
CORE LABORATORIES INC (CLB) has a resistance level at 16.15. Check the full technical report for our detailed analysis of CLB support and resistance levels.