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.
Although the technical rating is bad, CLM does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 8.05, a Stop Loss order could be placed below this zone.
More info and screens
7.69
We found 2 important support areas.
- A support zone ranging from 7.95 to 8.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.77 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 8.17 to 8.48. 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 | NEUTRAL | NEUTRAL | The long term trend for CLM is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CLM is down. |
| ChartMill Relative Strength | 36.97 | NEUTRAL | CLM is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of CLM is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.74 | NEUTRAL | The RSI value for CLM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests CLM has a negative trend. |
| Stochastics (14,3) | 21.75 | NEUTRAL | The Stochastics value for CLM is a neutral value. |
| Average True Range in percent/ATR (20) | 1.32 | LOW VOLATILITY | The low ATR as a percentage value for CLM suggests low volalility. |
| Average Directional Index/ADX (14) | 17.42 | NEGATIVE | The low ADX value for CLM suggests a weak or negative trend. |
8.06
+0.02 (+0.25%)
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.
Can you provide the trend direction for CORNERSTONE STRATEGIC INVEST?
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 39.7415. This indicates that the stock is currently neutral.
What is the MACD signal for CLM stock?
The MACD indicator for CORNERSTONE STRATEGIC INVEST (CLM) has a value of -0.0248291, indicating a bearish trend.
What is the short term momentum for CORNERSTONE STRATEGIC INVEST (CLM) stock?
The short term momentum for CORNERSTONE STRATEGIC INVEST (CLM) is negative.