CORNERSTONE STRATEGIC VALUE (CLM)
US21924B3024
Overall CLM gets a technical rating of 6 out of 10. Although CLM is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
When comparing the yearly performance of all stocks, CLM is a bad performer in the overall market: 71% of all stocks are doing better.
Both the short term and long term trends are positive. This is a very positive sign.
CLM has an average volume of 1278440 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 trading in the upper part of its 52 week range, so CLM is lagging the market slightly.
In the last month CLM has a been trading in a tight range between 7.62 and 7.84.
CLM has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 7.76. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 7.74, a Stop Loss order could be placed below this zone.
More info and screens
6.89
8.91
We found 3 important support areas.
- A support zone ranging from 7.63 to 7.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.27 to 7.44. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 6.96 to 7.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 7.76 to 7.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @8.82 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.23
Mansfield-0.89
10 Day High7.8
10 Day Low7.62
20 Day High7.84
20 Day Low7.62
52 Week High8.84
52 Week Low6.25
Performance
1 Week0.39%
2 Weeks-1.02%
1 Month1.57%
3 Month6.03%
6 Month8.71%
12 Month-10.62%
2 Year-21.66%
3 Year-35.01%
5 Year-35.18%
10 Year-68.23%
15 Year-83.98%
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)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)54.71
LBB7.67
UBB7.82
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 7.84 | 7.62 | 0.22 (2.81%) | 25.00% |
| An entry @7.84. This is a Buy Stop order right above the resistance zone. | An exit @7.62. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.22 points, which is 2.81%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.70%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
CORNERSTONE STRATEGIC VALUE
NYSEARCA:CLM (7/26/2024, 7:22:29 PM)
After market: 7.74 0 (0%)7.74
+0.02 (+0.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.26%
1 Week0.39%
2 Weeks-1.02%
1 Month1.57%
3 Month6.03%
6 Month8.71%
12 Month-10.62%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.08
ATR(20)%0.98%
ATR Inc
Range Today0.05
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High7.8
10 Day Low7.62
20 Day High7.84
20 Day Low7.62
52 Week High8.84
52 Week Low6.25
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume537.00K
Volume Incr-22.21%
Vol(5)1.02M
Vol(50)1.28M