CLEARFIELD INC (CLFD) Stock Technical Analysis
NASDAQ:CLFD - Nasdaq - US18482P1030 - Common Stock - Currency: USD
Overall CLFD gets a technical rating of 6 out of 10. CLFD has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month CLFD has a been trading in the 36.34 - 40.28 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Looking at the yearly performance, CLFD did better than 76% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
CLFD is part of the Communications Equipment industry. There are 50 other stocks in this industry, CLFD did better than 44% of them.
CLFD 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 CLFD is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
CLFD has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 37.10, a Stop Loss order could be placed below this zone.
More info and screens
25.07
42.05
When analyzing the support we can see 2 important areas.
- A support zone ranging from 37.10 to 37.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 25.32 to 25.68. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @39.79 from a horizontal line in the weekly time frame.
- Resistance @40.72 from a horizontal line in the daily time frame.
- A resistance zone ranging from 41.62 to 41.63. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for CLFD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CLFD is up. |
| ChartMill Relative Strength | 76.5 | POSITIVE | CLFD has a high relative strength, it outperformed 76.5% off all stocks 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 | POSITIVE | The current price of CLFD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CLFD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.77 | NEUTRAL | The RSI value for CLFD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.36 | NEGATIVE | The MACD value suggests CLFD has a negative trend. |
| Stochastics (14,3) | 54.57 | NEUTRAL | The Stochastics value for CLFD is a neutral value. |
| Average True Range in percent/ATR (20) | 2.91 | MEDIUM VOLATILITY | The ATR as a percentage value for CLFD suggests some volalility. |
| Average Directional Index/ADX (14) | 31.45 | POSITIVE | The high ADX value value for CLFD 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 |
|---|---|---|---|
| 39.80 | 37.75 | 2.05 (5.16%) | 19.37% |
| An entry @39.80. This is a Buy Stop order right above the resistance zone. | An exit @37.75. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.05 points, which is 5.16%. | For a 1.00% total portfolio risk, you can invest 19.37% of your capital in this trade. |
- 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.
NASDAQ:CLFD (6/17/2025, 2:45:58 PM)
38.445
+0.33 (+0.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg0.85%
1 Week-2.51%
2 Weeks0.55%
1 Month-1.88%
3 Month21.91%
6 Month26.6%
12 Month1.57%
2 Year-19.49%
3 Year-38.47%
5 Year173.07%
10 Year139.6%
15 Year1383.27%
Volatility
ATR(14)1.08
ATR(20)%2.91%
ATR Inc26.02%
Range Today0.8
ADR(20)1.07
ADR(20)%2.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.5
Mansfield0.41
10 Day High40.28
10 Day Low37.76
20 Day High40.28
20 Day Low36.34
52 Week High44.83
52 Week Low23.78
CS1 End37.1
CR1 Start39.79
Volume & EV
DER(3)1.1%
DER(5)-1.49%
Volume58.95K
Volume Incr-56.95%
Vol(5)79.78K
Vol(50)138.31K