CORE LABORATORIES INC (CLB) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:CLB • US21867A1051
Taking everything into account, CLB scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CLB is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- CLB is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CLB is lagging the market slightly.
- CLB is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Looking at the yearly performance, CLB did better than 82% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- CLB is an average performer in the Energy Equipment & Services industry, it outperforms 46% of 61 stocks in the same industry.
Although CLB has an excellent technical rating, the quality of the presented setup is not ideal 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
18.19
We found 1 important support area.
- Support @18.37 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @18.51 from a horizontal line in the daily time frame.
- A resistance zone ranging from 19.25 to 19.67. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for CLB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CLB is up. |
| ChartMill Relative Strength | 82.56 | POSITIVE | CLB has a high relative strength, it outperformed 82.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CLB is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CLB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CLB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.05 | NEUTRAL | The RSI value for CLB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests CLB has a negative trend. |
| Stochastics (14,3) | 60.07 | NEUTRAL | The Stochastics value for CLB is a neutral value. |
| Average True Range in percent/ATR (20) | 3.88 | MEDIUM VOLATILITY | The ATR as a percentage value for CLB suggests some volalility. |
| Average Directional Index/ADX (14) | 28.56 | POSITIVE | The high ADX value value for CLB suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 19.50 | 19.24 | 0.26 (1.34%) | 25.00% |
| An entry @19.50. This is a Buy Stop order right above the 10 day moving average. | An exit @19.24. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.26 points, which is 1.34%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.34%. |
- The distance between exit and entry is rather small compared to the average daily movement of CLB. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSE:CLB (2/5/2026, 12:04:50 PM)
18.44
-1.17 (-5.97%)
CORE LABORATORIES INC / CLB FAQ
Can you provide the ChartMill technical rating for CORE LABORATORIES INC?
ChartMill assigns a technical rating of 9 / 10 to CLB.
Can you provide the trend direction for CORE LABORATORIES INC?
The current trend direction for CORE LABORATORIES INC (CLB) is Bullish.
Can you provide the RSI signal for CORE LABORATORIES INC?
CORE LABORATORIES INC (CLB) has an RSI value of 61.0457. This indicates that the stock is currently neutral.
What is the MACD signal for CLB stock?
The MACD indicator for CORE LABORATORIES INC (CLB) has a value of -0.0782115, indicating a bearish trend.
What are the support and resistance levels for CORE LABORATORIES INC (CLB) stock?
CORE LABORATORIES INC (CLB) has a support level at 19.6 and a resistance level at 19.62. Check the full technical report for our detailed analysis of CLB support and resistance levels.