CLEARSIGN TECHNOLOGIES CORP (CLIR) Stock Technical Analysis
USA - NASDAQ:CLIR - US1850641028 - Common Stock
0.8701 USD
-0.1 (-10.09%)
0.8402 USD
-0.03 (-3.44%)
We assign a technical rating of 9 out of 10 to CLIR. Both in the recent history as in the last year, CLIR has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
CLIR is one of the better performing stocks in the Machinery industry, it outperforms 82% of 129 stocks in the same industry.
Looking at the yearly performance, CLIR did better than 86% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
CLIR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CLIR is lagging the market.
In the last month CLIR has a been trading in the 0.51 - 1.12 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although CLIR has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Prices have been consolidating lately.
More info and screens
0.50
1.05
4 important support areas can be observed.
- A support zone ranging from 0.86 to 0.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.55 from a trend line in the weekly time frame.
- Support @0.54 from a horizontal line in the weekly time frame.
- Support @0.50 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.88 to 0.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.04 from a trend 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 | UP | POSITIVE | The long term trend for CLIR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CLIR is up. |
| ChartMill Relative Strength | 86.39 | POSITIVE | CLIR has a high relative strength, it outperformed 86.39% 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 | MIXED | The current price of CLIR is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54 | NEUTRAL | The RSI value for CLIR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CLIR has a negative trend. |
| Stochastics (14,3) | 54.25 | NEUTRAL | The Stochastics value for CLIR is a neutral value. |
| Average True Range in percent/ATR (20) | 16.96 | HIGH VOLATILITY | The high ATR as a percentage value for CLIR suggests high volalility. |
| Average Directional Index/ADX (14) | 48.27 | POSITIVE | The high ADX value value for CLIR 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)
0.8701
-0.1 (-10.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-10.09%
1 Week-5.41%
2 Weeks3.17%
1 Month73.92%
3 Month49.91%
6 Month49.97%
12 Month6.11%
2 Year6.76%
3 Year4.98%
5 Year-61.16%
10 Year-84.52%
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%16.96%
ATR Inc12.36%
Range Today0.17
ADR(20)0.14
ADR(20)%16.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.39
Mansfield-0.25
10 Day High1.12
10 Day Low0.81
20 Day High1.12
20 Day Low0.51
52 Week High1.72
52 Week Low0.46
CS1 End0.86
CR1 Start0.88
Volume & EV
DER(3)1.85%
DER(5)2.54%
Volume206.20K
Volume Incr-90.39%
Vol(5)220.54K
Vol(50)970.93K