We assign a technical rating of 0 out of 10 to CLMB. CLMB's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, CLMB 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 107.59. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 100.61, a Stop Loss order could be placed below this zone.
More info and screens
95.67
2 important support areas can be observed.
- A support zone ranging from 99.05 to 100.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 96.64 to 96.64. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 107.59 to 107.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 117.26 to 117.54. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @139.88 from a horizontal 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 | DOWN | NEGATIVE | The long term trend for CLMB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CLMB is down. |
| ChartMill Relative Strength | 16.17 | NEGATIVE | CLMB has a low relative strength, it was outperformed by 83.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CLMB is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CLMB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CLMB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.62 | NEUTRAL | The RSI value for CLMB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.21 | POSITIVE | The MACD value suggests CLMB has a positive trend. |
| Stochastics (14,3) | 65.94 | NEUTRAL | The Stochastics value for CLMB is a neutral value. |
| Average True Range in percent/ATR (20) | 4.21 | MEDIUM VOLATILITY | The ATR as a percentage value for CLMB suggests some volalility. |
| Average Directional Index/ADX (14) | 32.92 | POSITIVE | The high ADX value value for CLMB suggests a strong trend. |
107.58
+1.27 (+1.19%)
CLIMB GLOBAL SOLUTIONS INC / CLMB FAQ
What is the ChartMill technical rating of CLIMB GLOBAL SOLUTIONS INC (CLMB) stock?
ChartMill assigns a technical rating of 0 / 10 to CLMB.
Can you provide the trend direction for CLIMB GLOBAL SOLUTIONS INC?
The current trend direction for CLIMB GLOBAL SOLUTIONS INC (CLMB) is Bearish.
Can you provide the RSI signal for CLIMB GLOBAL SOLUTIONS INC?
CLIMB GLOBAL SOLUTIONS INC (CLMB) has an RSI value of 46.6238. This indicates that the stock is currently neutral.
Can you provide the short term momentum for CLIMB GLOBAL SOLUTIONS INC?
The short term momentum for CLIMB GLOBAL SOLUTIONS INC (CLMB) is negative.
What is the buy/sell signal for CLMB stock?
The buy/sell signal for CLIMB GLOBAL SOLUTIONS INC (CLMB) is sell as both the short term and long term trends are negative.