CORNERSTONE STRATEGIC INVEST (CLM) Stock Technical Analysis
NYSEARCA:CLM - NYSE Arca - US21924B3024 - Currency: USD
We assign a technical rating of 7 out of 10 to CLM. In the last year, CLM was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month CLM has a been trading in the 7.70 - 8.19 range, which is quite wide. It is currently trading near the high of this range.
CLM has an average volume of 1680230 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, CLM turns out to be only a medium performer in the overall market: it outperformed 55% of all stocks.
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.
Although CLM has an excellent technical rating, it does not offer a high 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
6.87
8.22
3 important support areas can be observed.
- A support zone ranging from 7.96 to 7.99. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 7.74 to 7.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.94 from a trend line in the weekly 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 | UP | POSITIVE | The long term trend for CLM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CLM is up. |
| ChartMill Relative Strength | 55.84 | NEUTRAL | CLM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CLM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CLM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CLM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.71 | NEUTRAL | The RSI value for CLM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CLM has a positive trend. |
| Stochastics (14,3) | 91.12 | OVERBOUGHT | The high Stochastics value suggests CLM may be overbought. |
| Average True Range in percent/ATR (20) | 1.09 | LOW VOLATILITY | The low ATR as a percentage value for CLM suggests low volalility. |
| Average Directional Index/ADX (14) | 22.48 | NEUTRAL | The ADX value for CLM suggests a possible start of a new 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)
8.14
+0.03 (+0.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.37%
1 Week2.26%
2 Weeks4.23%
1 Month3.43%
3 Month18.83%
6 Month-6.33%
12 Month5.3%
2 Year-6.86%
3 Year-17.61%
5 Year-24.42%
10 Year-57.16%
15 Year-81.55%
Volatility
ATR(14)0.09
ATR(20)%1.09%
ATR Inc-15.51%
Range Today0.07
ADR(20)0.08
ADR(20)%1.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.84
Mansfield-0.49
10 Day High8.19
10 Day Low7.7
20 Day High8.19
20 Day Low7.7
52 Week High9.3
52 Week Low6.16
CS1 End7.95
CR1 Start7.98
Volume & EV
DER(3)1.57%
DER(5)0.46%
Volume1.24M
Volume Incr-10.13%
Vol(5)1.52M
Vol(50)1.68M