Cloudera Inc (CLDR) Stock Technical Analysis
NYSE:CLDR - New York Stock Exchange, Inc. -
Overall CLDR gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CLDR is only an average performer.
Besides having an excellent technical rating, CLDR also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. 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. Another positive sign is the recent Pocket Pivot signal.
- 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
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.
We found 1 important resistance 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.
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. |
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.
15.99
+0.01 (+0.06%)