COOL CO LTD (CLCO) Stock Technical Analysis
NYSE:CLCO - New York Stock Exchange, Inc. - BMG2415A1137 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to CLCO. In the past year, CLCO was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
90% of all other stocks performed better in the past year than CLCO.
CLCO is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 80% of 213 stocks in the same industry do better.
CLCO is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CLCO is lagging the market.
In the last month CLCO has a been trading in the 5.68 - 6.70 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, CLCO does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
5.86
11.66
When analyzing the support we notice one important area.
- Support @5.92 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 6.16 to 6.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 6.37 to 6.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 6.67 to 6.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @11.54 from a trend line in the weekly 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 | DOWN | NEGATIVE | The long term trend for CLCO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CLCO is neutral. |
| ChartMill Relative Strength | 10.94 | NEGATIVE | CLCO has a low relative strength, it was outperformed by 89.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CLCO is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CLCO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CLCO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.96 | NEUTRAL | The RSI value for CLCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests CLCO has a negative trend. |
| Stochastics (14,3) | 26.09 | NEUTRAL | The Stochastics value for CLCO is a neutral value. |
| Average True Range in percent/ATR (20) | 4.63 | MEDIUM VOLATILITY | The ATR as a percentage value for CLCO suggests some volalility. |
| Average Directional Index/ADX (14) | 19.65 | NEGATIVE | The low ADX value for CLCO suggests a weak or negative 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)
6.06
+0.13 (+2.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2.19%
1 Week-4.72%
2 Weeks-3.5%
1 Month7.26%
3 Month-17.55%
6 Month-31.21%
12 Month-53.85%
2 Year-50.73%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%4.63%
ATR Inc7.2%
Range Today0.22
ADR(20)0.24
ADR(20)%3.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.94
Mansfield-3.46
10 Day High6.7
10 Day Low5.78
20 Day High6.7
20 Day Low5.68
52 Week High13.68
52 Week Low4.51
CS1 End5.92
CR1 Start6.16
Volume & EV
DER(3)-1.65%
DER(5)-0.55%
Volume62.90K
Volume Incr43.04%
Vol(5)169.20K
Vol(50)145.49K