CLEARSIGN TECHNOLOGIES CORP (CLIR) Stock Technical Analysis
NASDAQ:CLIR - US1850641028 - Common Stock
0.5884 USD
+0.01 (+1.26%)
0.5933 USD
+0 (+0.83%)
Taking everything into account, CLIR scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. CLIR was also a bad performer in the overall market in the last year.
88% of all other stocks performed better in the past year than CLIR.
CLIR is part of the Machinery industry. There are 128 other stocks in this industry, of which 78% are performing better than CLIR.
CLIR is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month CLIR has a been trading in the 0.50 - 0.62 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, CLIR does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 0.56, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CLIR in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.50
0.65
We found 3 important support areas.
- A support zone ranging from 0.56 to 0.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.53 to 0.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.50 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 0.59 to 0.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.60 from a horizontal line in the weekly time frame.
- Resistance @0.62 from a horizontal line in the daily time frame.
- Resistance @0.64 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 | DOWN | NEGATIVE | The long term trend for CLIR is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CLIR is up. |
| ChartMill Relative Strength | 12.27 | NEGATIVE | CLIR has a low relative strength, it was outperformed by 87.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CLIR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CLIR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CLIR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.77 | NEUTRAL | The RSI value for CLIR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CLIR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.42 | NEUTRAL | The Stochastics value for CLIR is a neutral value. |
| Average True Range in percent/ATR (20) | 5.74 | HIGH VOLATILITY | The high ATR as a percentage value for CLIR suggests high volalility. |
| Average Directional Index/ADX (14) | 10.24 | NEGATIVE | The low ADX value for CLIR suggests a weak or negative 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)
0.5884
+0.01 (+1.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg1.26%
1 Week-0.81%
2 Weeks2.35%
1 Month4.73%
3 Month-10.85%
6 Month-30.76%
12 Month-20.04%
2 Year-46.02%
3 Year-35.9%
5 Year-73.96%
10 Year-90.49%
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%5.74%
ATR Inc-39.28%
Range Today0.02
ADR(20)0.03
ADR(20)%5.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.27
Mansfield-3.42
10 Day High0.62
10 Day Low0.57
20 Day High0.62
20 Day Low0.5
52 Week High1.72
52 Week Low0.46
CS1 End0.56
CR1 Start0.59
Volume & EV
DER(3)7.22%
DER(5)-1.77%
Volume40.80K
Volume Incr-41.2%
Vol(5)37.82K
Vol(50)68.35K