CALUMET INC (CLMT) Technical Analysis
NASDAQ:CLMT • US1314281049
Overall CLMT gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CLMT is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, CLMT did better than 96% of all other stocks. We also observe that the gains produced by CLMT over the past year are nicely spread over this period.
- CLMT is part of the Oil, Gas & Consumable Fuels industry. There are 207 other stocks in this industry. CLMT outperforms 93% of them.
- CLMT is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- CLMT has an average volume of 1362260 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month CLMT has a been trading in the 24.97 - 31.41 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, CLMT also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for CLMT in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
19.48
We found 4 important support areas.
- A support zone ranging from 28.37 to 28.49. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 26.96 to 26.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @22.40 from a trend line in the daily time frame.
- Support @19.68 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 30.40 to 30.40. 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 | UP | POSITIVE | The short term trend for CLMT is up. |
| ChartMill Relative Strength | 96.1 | POSITIVE | CLMT has a high relative strength, it outperformed 96.1% 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) | UP | POSITIVE | The current price of CLMT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.27 | NEUTRAL | The RSI value for CLMT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests CLMT has a negative trend. |
| Stochastics (14,3) | 62.41 | NEUTRAL | The Stochastics value for CLMT is a neutral value. |
| Average True Range in percent/ATR (20) | 5.25 | HIGH VOLATILITY | The high ATR as a percentage value for CLMT suggests high volalility. |
| Average Directional Index/ADX (14) | 47.3 | POSITIVE | The high ADX value value for CLMT suggests a strong trend. |
CLMT Technicals: Chart, Performance Metrics, Trend & Indicators
28.85
-0.49 (-1.67%)
CALUMET INC / CLMT FAQ
What is the ChartMill technical rating of CALUMET INC (CLMT) stock?
ChartMill assigns a technical rating of 10 / 10 to CLMT.
What is the trend direction for 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 58.2712. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CALUMET INC?
The MACD indicator for CALUMET INC (CLMT) has a value of -0.192841, indicating a bearish trend.
Can you provide the buy/sell signal for CALUMET INC?
The buy/sell signal for CALUMET INC (CLMT) is buy as both the short term and long term trends are positive.