CALUMET INC (CLMT) Stock Technical Analysis
NASDAQ:CLMT - Nasdaq - US1314281049 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to CLMT. CLMT has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
In the last month CLMT has a been trading in the 14.14 - 17.29 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
CLMT is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 71% of 208 stocks in the same industry.
CLMT has an average volume of 1051880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the performance of all stocks over the past year, CLMT turns out to be only a medium performer in the overall market: it outperformed 65% of all stocks.
CLMT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CLMT is lagging the market.
The technical rating of CLMT is bad and it also does not present a quality setup 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
14.23
17.58
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 15.52 to 15.61. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 16.62 to 16.88. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @17.41 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 | DOWN | NEGATIVE | The short term trend for CLMT is down. |
| ChartMill Relative Strength | 65.61 | NEUTRAL | CLMT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CLMT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CLMT is below a declining 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) | 32.03 | NEUTRAL | The RSI value for CLMT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.28 | NEGATIVE | The MACD value suggests CLMT has a negative trend. |
| Stochastics (14,3) | 12.92 | OVERSOLD | The low Stochastics value suggests CLMT may be oversold. |
| Average True Range in percent/ATR (20) | 5.36 | HIGH VOLATILITY | The high ATR as a percentage value for CLMT suggests high volalility. |
| Average Directional Index/ADX (14) | 22.25 | NEUTRAL | The ADX value for CLMT suggests a possible start of a new 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)
14.37
-0.54 (-3.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-3.62%
1 Week-7.35%
2 Weeks-14.82%
1 Month-14.36%
3 Month16.64%
6 Month-11.35%
12 Month5.35%
2 Year-18.03%
3 Year-17.03%
5 Year463.53%
10 Year-44.54%
15 Year-21.22%
Volatility
ATR(14)0.78
ATR(20)%5.36%
ATR Inc44.45%
Range Today1.24
ADR(20)0.75
ADR(20)%5.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.61
Mansfield-2.13
10 Day High17
10 Day Low14.14
20 Day High17.29
20 Day Low14.14
52 Week High25.29
52 Week Low7.68
CS1 EndN/A
CR1 Start15.52
Volume & EV
DER(3)2.23%
DER(5)0.74%
Volume1.17M
Volume Incr29.22%
Vol(5)903.92K
Vol(50)1.05M