Climate Real Impact I Acquisition Corp (CLII) Stock Technical Analysis
USA - NYSE:CLII -
Taking everything into account, CLII scores 6 out of 10 in our technical rating. In the last year, CLII was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
CLII has an average technical rating and it also does not offer a high 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
10.42
2 important support areas can be observed.
- A support zone ranging from 11.04 to 11.04. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @10.53 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 16.18 to 16.50. 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 CLII is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CLII is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | CLII has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CLII is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CLII is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 53.05 | NEUTRAL | The RSI value for CLII is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CLII has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 49.8 | NEUTRAL | The Stochastics value for CLII is a neutral value. |
| Average True Range in percent/ATR (20) | 6.45 | HIGH VOLATILITY | The high ATR as a percentage value for CLII suggests high volalility. |
Climate Real Impact I Acquisition Corp
NYSE:CLII (7/1/2021, 8:04:00 PM)
After market: 14.8 +0.44 (+3.06%)14.36
-0.66 (-4.39%)