CELLEBRITE DI LTD (CLBT) Stock Technical Analysis
USA - NASDAQ:CLBT - IL0011794802 - Common Stock
18.05 USD
-0.13 (-0.72%)
18.05 USD
0 (0%)
Overall CLBT gets a technical rating of 7 out of 10. Although CLBT is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
In the last month CLBT has a been trading in the 17.80 - 19.64 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.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
CLBT is one of the better performing stocks in the Software industry, it outperforms 70% of 285 stocks in the same industry.
CLBT has an average volume of 1956570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that CLBT is one of the better performing stocks in the market, outperforming 72% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
CLBT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CLBT is lagging the market.
CLBT has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 18.04, a Stop Loss order could be placed below this zone.
More info and screens
14.15
20.34
When analyzing the support we can see 2 important areas.
- A support zone ranging from 18.04 to 18.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.29 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 18.68 to 19.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @20.14 from a horizontal line in the daily time frame.
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 CLBT is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CLBT is neutral. |
| ChartMill Relative Strength | 72.81 | POSITIVE | CLBT has a high relative strength, it outperformed 72.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CLBT is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CLBT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CLBT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.54 | NEUTRAL | The RSI value for CLBT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests CLBT has a negative trend. |
| Stochastics (14,3) | 12.74 | OVERSOLD | The low Stochastics value suggests CLBT may be oversold. |
| Average True Range in percent/ATR (20) | 3.41 | MEDIUM VOLATILITY | The ATR as a percentage value for CLBT suggests some volalility. |
| Average Directional Index/ADX (14) | 30.08 | POSITIVE | The high ADX value value for CLBT suggests a strong trend. |
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)
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 |
|---|---|---|---|
| 18.84 | 18.03 | 0.81 (4.29%) | 23.33% |
| An entry @18.84. This is a Buy Stop order right above the 10 day moving average. | An exit @18.03. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.81 points, which is 4.29%. | When investing 23.33% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of CLBT. 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.
18.05
-0.13 (-0.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-0.72%
1 Week-7.72%
2 Weeks-3.96%
1 Month0.45%
3 Month26.05%
6 Month-8.1%
12 Month-1.31%
2 Year170.21%
3 Year273.71%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.63
ATR(20)%3.41%
ATR Inc-6.38%
Range Today0.64
ADR(20)0.6
ADR(20)%3.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.81
Mansfield-1.27
10 Day High19.64
10 Day Low17.8
20 Day High19.64
20 Day Low17.8
52 Week High26.3
52 Week Low13.1
CS1 End18.04
CR1 Start18.68
Volume & EV
DER(3)-4.25%
DER(5)-3.8%
Volume1.29M
Volume Incr-8.16%
Vol(5)1.31M
Vol(50)1.96M