CLEARSIGN TECHNOLOGIES CORP (CLIR) Stock Technical Analysis
NASDAQ:CLIR - Nasdaq - US1850641028 - Common Stock - Currency: USD
Taking everything into account, CLIR scores 1 out of 10 in our technical rating. CLIR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
85% 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 76% are performing better than CLIR.
CLIR is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CLIR is lagging the market.
In the last month CLIR has a been trading in the 0.53 - 0.78 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, CLIR does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 0.54, a Stop Loss order could be placed below this zone.
More info and screens
0.52
0.74
We found 2 important support areas.
- A support zone ranging from 0.54 to 0.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.53 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 0.63 to 0.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.69 to 0.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.73 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 | DOWN | NEGATIVE | The long term trend for CLIR is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CLIR is neutral. |
| ChartMill Relative Strength | 15.62 | NEGATIVE | CLIR has a low relative strength, it was outperformed by 84.38% 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) | DOWN | NEGATIVE | The current price of CLIR is below a declining 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) | 48.48 | NEUTRAL | The RSI value for CLIR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CLIR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 49.61 | NEUTRAL | The Stochastics value for CLIR is a neutral value. |
| Average True Range in percent/ATR (20) | 11.25 | HIGH VOLATILITY | The high ATR as a percentage value for CLIR suggests high volalility. |
| Average Directional Index/ADX (14) | 31.92 | 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)
0.6201
0 (-0.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-0.75%
1 Week-15.98%
2 Weeks13.82%
1 Month8.79%
3 Month-22.49%
6 Month-47.45%
12 Month-31.1%
2 Year-59.47%
3 Year-49.59%
5 Year19.14%
10 Year-88.14%
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%11.25%
ATR Inc40.36%
Range Today0.07
ADR(20)0.07
ADR(20)%10.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.62
Mansfield-2.99
10 Day High0.78
10 Day Low0.53
20 Day High0.78
20 Day Low0.53
52 Week High1.72
52 Week Low0.46
CS1 End0.54
CR1 Start0.63
Volume & EV
DER(3)-17.31%
DER(5)-22.25%
Volume85.10K
Volume Incr56.74%
Vol(5)90.44K
Vol(50)73.42K