CALUMET INC (CLMT) Stock Technical Analysis
USA - NASDAQ:CLMT - US1314281049 - Common Stock
Overall CLMT gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CLMT is only an average performer.
Although CLMT has an excellent technical rating, it does not present a decent entry opportunity 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
13.04
We found 3 important support areas.
- A support zone ranging from 17.68 to 17.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 16.03 to 16.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @13.17 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 20.10 to 20.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 CLMT is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CLMT is neutral. |
| ChartMill Relative Strength | 73.03 | POSITIVE | CLMT has a high relative strength, it outperformed 73.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CLMT is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CLMT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CLMT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.12 | NEUTRAL | The RSI value for CLMT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests CLMT has a negative trend. |
| Stochastics (14,3) | 46.29 | NEUTRAL | The Stochastics value for CLMT is a neutral value. |
| Average True Range in percent/ATR (20) | 5.23 | HIGH VOLATILITY | The high ATR as a percentage value for CLMT suggests high volalility. |
| Average Directional Index/ADX (14) | 30.71 | POSITIVE | The high ADX value value for CLMT suggests a strong trend. |
19.19
-0.32 (-1.64%)
CALUMET INC / CLMT FAQ
What is the ChartMill technical rating of CALUMET INC (CLMT) stock?
ChartMill assigns a technical rating of 7 / 10 to CLMT.
What is the current trend direction of CALUMET INC (CLMT) stock?
The current trend direction for CALUMET INC (CLMT) is Bullish.
Can you provide the RSI signal for CALUMET INC?
CALUMET INC (CLMT) has an RSI value of 51.1225. This indicates that the stock is currently neutral.
What is the MACD signal for CLMT stock?
The MACD indicator for CALUMET INC (CLMT) has a value of -0.0868863, indicating a bearish trend.
What is the support and resistance level for CLMT stock?
CALUMET INC (CLMT) has a support level at 17.68 and a resistance level at 20.1. Check the full technical report for our detailed analysis of CLMT support and resistance levels.