CORNERSTONE STRATEGIC VALUE (CLM)

US21924B3024

7.76  +0.03 (+0.39%)

After market: 7.77 +0.01 (+0.13%)

Technical Rating and Analysis

6

Taking everything into account, CLM scores 6 out of 10 in our technical rating. Although CLM is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.

72% of all other stocks performed better in the past year than CLM.
The long and short term trends are both positive. This is looking good!
CLM is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
CLM has an average volume of 1460710 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month CLM has a been trading in a tight range between 7.47 and 7.78.
Weekly and Daily overview Charts
CLM Weekly chart
CLM Daily chart
Setup Rating and Analysis

6

CLM has an average technical rating and the quality of the presented setup is also not ideal 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.

Support and Resistance Analysis

6.98

7.91

2 important support areas can be observed.

  • A support zone ranging from 7.42 to 7.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 7.05 to 7.15. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • 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.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.96
Mansfield-0.69
10 Day High7.78
10 Day Low7.54
20 Day High7.78
20 Day Low7.47
52 Week High7.84
52 Week Low6.25
Performance
1 Week1.17%
2 Weeks2.65%
1 Month3.19%
3 Month-0.77%
6 Month2.92%
12 Month1.84%
2 Year-6.39%
3 Year-43.69%
5 Year-30.59%
10 Year-62.55%
15 Year-83.19%
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)0.02
RSI(14)65.25
LBB7.47
UBB7.81
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
7.847.530.31 (3.95%)25.00%
An entry @7.84. This is a Buy Stop order right above the resistance zone.An exit @7.53. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.31 points, which is 3.95%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.99%.

  • 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.
CLM Daily chart

CORNERSTONE STRATEGIC VALUE

NYSEARCA:CLM (10/8/2024, 8:04:02 PM)

After market: 7.77 +0.01 (+0.13%)

7.76

+0.03 (+0.39%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.39%
1 Week1.17%
2 Weeks2.65%
1 Month3.19%
3 Month-0.77%
6 Month2.92%
12 Month1.84%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.05
ATR(20)%0.77%
ATR Inc
Range Today0.03
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 High7.78
10 Day Low7.54
20 Day High7.78
20 Day Low7.47
52 Week High7.84
52 Week Low6.25
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume923.10K
Volume Incr-22.47%
Vol(5)1.11M
Vol(50)1.46M