CLIMB GLOBAL SOLUTIONS INC (CLMB) Stock Technical Analysis
USA - NASDAQ:CLMB - US9467601053 - Common Stock
132.17 USD
-2.14 (-1.59%)
132.17 USD
0 (0%)
Taking everything into account, CLMB scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CLMB is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that CLMB is one of the better performing stocks in the market, outperforming 85% of all stocks.
CLMB is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CLMB is lagging the market slightly.
In the last month CLMB has a been trading in the 118.78 - 134.65 range, which is quite wide. It is currently trading near the high of this range.
CLMB is an average performer in the Electronic Equipment, Instruments & Components industry, it outperforms 62% of 125 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, CLMB also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
95.67
135.34
We found 4 important support areas.
- A support zone ranging from 116.25 to 117.26. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @104.61 from a trend line in the weekly time frame.
- A support zone ranging from 99.27 to 100.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @96.64 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @134.00 from a horizontal line in the daily 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 CLMB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CLMB is up. |
| ChartMill Relative Strength | 85.62 | POSITIVE | CLMB has a high relative strength, it outperformed 85.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CLMB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CLMB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CLMB is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.09 | NEUTRAL | The RSI value for CLMB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests CLMB has a negative trend. |
| Stochastics (14,3) | 83.53 | OVERBOUGHT | The high Stochastics value suggests CLMB may be overbought. |
| Average True Range in percent/ATR (20) | 2.63 | MEDIUM VOLATILITY | The ATR as a percentage value for CLMB suggests some volalility. |
| Average Directional Index/ADX (14) | 39.73 | POSITIVE | The high ADX value value for CLMB suggests a strong 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)
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 134.01 | 124.53 | 9.48 (7.07%) | 14.14% |
| An entry @134.01. This is a Buy Stop order right above the resistance zone. | An exit @124.53. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 9.48 points, which is 7.07%. | For a 1.00% total portfolio risk, you can invest 14.14% of your capital in this trade. |
- 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.
132.17
-2.14 (-1.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-1.59%
1 Week0.31%
2 Weeks2.77%
1 Month12.34%
3 Month32.58%
6 Month12.6%
12 Month33.32%
2 Year207.3%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.48
ATR(20)%2.63%
ATR Inc-5.63%
Range Today2.53
ADR(20)3.28
ADR(20)%2.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.62
Mansfield0.23
10 Day High134.65
10 Day Low124.54
20 Day High134.65
20 Day Low118.78
52 Week High145
52 Week Low88.9
CS1 End117.26
CR1 Start134
Volume & EV
DER(3)-0.68%
DER(5)0.2%
Volume44.30K
Volume Incr-14.98%
Vol(5)34.62K
Vol(50)53.71K