Cloudera Inc (CLDR) Technical Analysis
NYSE:CLDR
Current stock price
CLDR Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to CLDR. Although CLDR is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The long and short term trends are both positive. This is looking good!
- CLDR is one of the better performing stocks in the Software industry, it outperforms 84% of 278 stocks in the same industry.
- CLDR has an average volume of 3687860 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, CLDR outperforms 66% of them, which is more or less in line with the market.
- CLDR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CLDR is lagging the market slightly.
- In the last month CLDR has a been trading in a tight range between 15.81 and 16.00.
- Volume is considerably higher in the last couple of days.
CLDR Weekly and Daily overview Charts
CLDR Setup Rating and Analysis
Besides having an excellent technical rating, CLDR also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 16.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 15.96, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
CLDR Support and Resistance Analysis
13.51
When analyzing the support we can see 2 important areas.
- A support zone ranging from 15.73 to 15.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @13.65 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 16.00 to 16.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
CLDR 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 | UP | POSITIVE | The long term trend for CLDR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CLDR is up. |
| ChartMill Relative Strength | 66.65 | NEUTRAL | CLDR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CLDR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CLDR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CLDR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.61 | NEUTRAL | The RSI value for CLDR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CLDR has a positive trend. |
| Stochastics (14,3) | 96.39 | OVERBOUGHT | The high Stochastics value suggests CLDR may be overbought. |
| Average True Range in percent/ATR (20) | 0.2 | LOW VOLATILITY | The low ATR as a percentage value for CLDR suggests low volalility. |
CLDR Chart- and CandleStick Pattern Analysis
CLDR Example Setup
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 |
|---|---|---|---|
| 16.01 | 15.88 | 0.14 (0.84%) | 25.00% |
| An entry @16.01. This is a Buy Stop order right above the resistance zone. | An exit @15.88. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.14 points, which is 0.84%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.21%. |
- 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.
CLDR Technicals: Chart, Performance Metrics, Trend & Indicators
15.99
+0.01 (+0.06%)
Cloudera Inc / CLDR TA FAQ
What is the ChartMill technical rating of Cloudera Inc (CLDR) stock?
ChartMill assigns a technical rating of 7 / 10 to CLDR.
What is the current trend direction of Cloudera Inc (CLDR) stock?
The current trend direction for Cloudera Inc (CLDR) is Bullish.
Can you provide the RSI signal for Cloudera Inc?
Cloudera Inc (CLDR) has an RSI value of 62.6147. This indicates that the stock is currently neutral.
What is the MACD signal for Cloudera Inc (CLDR) stock?
The MACD indicator for Cloudera Inc (CLDR) has a value of 0.00372013, indicating a bearish trend.
What is the buy/sell signal for Cloudera Inc (CLDR) stock?
The buy/sell signal for Cloudera Inc (CLDR) is buy as both the short term and long term trends are positive.