CALUMET INC (CLMT) Stock Technical Analysis
NASDAQ:CLMT - Nasdaq - US1314281049 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to CLMT. CLMT has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
CLMT is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 76% of 213 stocks in the same industry.
In the last month CLMT has a been trading in the 12.70 - 17.23 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
CLMT has an average volume of 1086910 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, CLMT did better than 81% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
CLMT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CLMT is lagging the market slightly.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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
13.96
17.05
We found 1 important support area.
- Support @14.10 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @16.88 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 | NEUTRAL | NEUTRAL | The long term trend for CLMT is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CLMT is up. |
| ChartMill Relative Strength | 81.69 | POSITIVE | CLMT has a high relative strength, it outperformed 81.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CLMT is above 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) | DOWN | NEGATIVE | The current price of CLMT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 71.41 | OVERBOUGHT | The high RSI value suggests CLMT may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests CLMT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.21 | OVERBOUGHT | The high Stochastics value suggests CLMT may be overbought. |
| Average True Range in percent/ATR (20) | 4.57 | MEDIUM VOLATILITY | The ATR as a percentage value for CLMT suggests some volalility. |
| Average Directional Index/ADX (14) | 28.9 | POSITIVE | The high ADX value value for CLMT 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)
16.37
-0.06 (-0.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.37%
1 Week15.53%
2 Weeks23.92%
1 Month18.54%
3 Month28.7%
6 Month-19.72%
12 Month0.86%
2 Year3.22%
3 Year57.56%
5 Year617.98%
10 Year-35.7%
15 Year-7.41%
Volatility
ATR(14)0.78
ATR(20)%4.57%
ATR Inc-20.66%
Range Today0.51
ADR(20)0.72
ADR(20)%4.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.69
Mansfield-0.43
10 Day High17.23
10 Day Low13.15
20 Day High17.23
20 Day Low12.7
52 Week High25.29
52 Week Low7.68
CS1 End14.1
CR1 Start16.88
Volume & EV
DER(3)-3.28%
DER(5)-0.03%
Volume1.58M
Volume Incr94.9%
Vol(5)1.61M
Vol(50)1.09M