CORNERSTONE STRATEGIC INVEST (CLM) Stock Technical Analysis
NYSEARCA:CLM • US21924B3024
Overall CLM gets a technical rating of 0 out of 10. CLM 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 negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, CLM is a bad performer in the overall market: 73% of all stocks are doing better.
- CLM has an average volume of 2630180 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- CLM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CLM is lagging the market.
- In the last month CLM has a been trading in the 7.05 - 8.37 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
The technical rating of CLM is bad and it also does not present a 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
7.65
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 8.21 to 8.52. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for CLM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CLM is down. |
| ChartMill Relative Strength | 27.32 | NEGATIVE | CLM has a low relative strength, it was outperformed by 72.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CLM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CLM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CLM is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.18 | NEUTRAL | The RSI value for CLM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests CLM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.72 | NEUTRAL | The Stochastics value for CLM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.41 | MEDIUM VOLATILITY | The ATR as a percentage value for CLM suggests some volalility. |
| Average Directional Index/ADX (14) | 40.36 | POSITIVE | The high ADX value value for CLM suggests a strong trend. |
7.73
+0.22 (+2.93%)
CORNERSTONE STRATEGIC INVEST / CLM FAQ
What is the ChartMill technical rating of CORNERSTONE STRATEGIC INVEST (CLM) stock?
ChartMill assigns a technical rating of 0 / 10 to CLM.
What is the current trend direction of CORNERSTONE STRATEGIC INVEST (CLM) stock?
The current trend direction for CORNERSTONE STRATEGIC INVEST (CLM) is Bearish.
What is the RSI signal for CLM stock?
CORNERSTONE STRATEGIC INVEST (CLM) has an RSI value of 41.1844. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CORNERSTONE STRATEGIC INVEST?
The MACD indicator for CORNERSTONE STRATEGIC INVEST (CLM) has a value of -0.0580438, indicating a bearish trend.
Can you provide the buy/sell signal for CORNERSTONE STRATEGIC INVEST?
The buy/sell signal for CORNERSTONE STRATEGIC INVEST (CLM) is sell as both the short term and long term trends are negative.