NYSEARCA:CLM - NYSE Arca - US21924B3024 - Currency: USD
Taking everything into account, CLM scores 0 out of 10 in our technical rating. 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 and the volatility has been reduced. There is a resistance zone just above the current price starting at 7.12. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 7.03, a Stop Loss order could be placed below this zone.
6.58
3 important support areas can be observed.
When analyzing the resistance we notice 3 important areas.
7.08
+0.08 (+1.14%)