CLENE INC (CLNN) Stock Technical Analysis
NASDAQ:CLNN - Nasdaq - US1856342019 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to CLNN. CLNN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, CLNN is a bad performer in the overall market: 96% of all stocks are doing better.
CLNN is one of the lesser performing stocks in the Biotechnology industry. 69% of 562 stocks in the same industry do better.
CLNN is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so CLNN is lagging the market.
CLNN is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
CLNN has a poor technical rating and the quality of the setup is also only medium 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
2.51
4.93
When analyzing the support we notice one important area.
- Support @2.54 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 2.58 to 2.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 3.36 to 3.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.68 from a trend line in the weekly time frame.
- Resistance @4.88 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.68
Mansfield-4.84
10 Day High3.08
10 Day Low2.55
20 Day High3.49
20 Day Low2.55
52 Week High9.2
52 Week Low2.55
Performance
1 Week-7.37%
2 Weeks-13.16%
1 Month-14.29%
3 Month-45.11%
6 Month-41.72%
12 Month-64.32%
2 Year-86.39%
3 Year-93.94%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)36.81
LBB2.48
UBB3.25
NASDAQ:CLNN (5/14/2025, 12:50:53 PM)
2.57
-0.07 (-2.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.65%
1 Week-7.37%
2 Weeks-13.16%
1 Month-14.29%
3 Month-45.11%
6 Month-41.72%
12 Month-64.32%
2 Year-86.39%
3 Year-93.94%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%8.56%
ATR Inc-5.8%
Range Today0.17
ADR(20)0.22
ADR(20)%8.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.68
Mansfield-4.84
10 Day High3.08
10 Day Low2.55
20 Day High3.49
20 Day Low2.55
52 Week High9.2
52 Week Low2.55
CS1 End2.62
CR1 Start3.36
Volume & EV
DER(3)-21.14%
DER(5)-14.8%
Volume25.35K
Volume Incr58.9%
Vol(5)99.14K
Vol(50)60.01K