CLEARFIELD INC (CLFD) Stock Technical Analysis
USA - NASDAQ:CLFD - US18482P1030 - Common Stock
Overall CLFD gets a technical rating of 1 out of 10. CLFD's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of CLFD is bad and it also does not present a quality setup 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
25.07
2 important support areas can be observed.
- A support zone ranging from 31.12 to 31.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @25.32 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 34.51 to 35.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @36.23 from a horizontal line in the weekly time frame.
- Resistance @37.51 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 | NEUTRAL | NEUTRAL | The long term trend for CLFD is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CLFD is down. |
| ChartMill Relative Strength | 37.88 | NEUTRAL | CLFD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CLFD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CLFD is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CLFD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.77 | NEUTRAL | The RSI value for CLFD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.32 | NEGATIVE | The MACD value suggests CLFD has a negative trend. |
| Stochastics (14,3) | 11.96 | OVERSOLD | The low Stochastics value suggests CLFD may be oversold. |
| Average True Range in percent/ATR (20) | 4.22 | MEDIUM VOLATILITY | The ATR as a percentage value for CLFD suggests some volalility. |
| Average Directional Index/ADX (14) | 15.59 | NEGATIVE | The low ADX value for CLFD suggests a weak or negative trend. |
33.16
-0.51 (-1.51%)
CLEARFIELD INC / CLFD FAQ
What is the technical rating for CLFD stock?
ChartMill assigns a technical rating of 1 / 10 to CLFD.
Can you provide the trend direction for CLEARFIELD INC?
The current trend direction for CLEARFIELD INC (CLFD) is Bearish.
What is the RSI signal for CLFD stock?
CLEARFIELD INC (CLFD) has an RSI value of 37.7673. This indicates that the stock is currently neutral.
What is the short term momentum for CLEARFIELD INC (CLFD) stock?
The short term momentum for CLEARFIELD INC (CLFD) is negative.