NASDAQ:CLOA - Nasdaq - US0925285043 - ETF - Currency: USD
Taking everything into account, CLOA scores 1 out of 10 in our technical rating. CLOA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, CLOA does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 51.73, a Stop Loss order could be placed below this zone.
50.45
When analyzing the support we notice one important area.
When analyzing the resistance we notice one important area.
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 CLOA is neutral. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CLOA is neutral. |
ChartMill Relative Strength | 34.51 | NEUTRAL | CLOA is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CLOA is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CLOA is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CLOA is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 40.99 | NEUTRAL | The RSI value for CLOA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests CLOA has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 22.45 | NEUTRAL | The Stochastics value for CLOA is a neutral value. |
Average True Range in percent/ATR (20) | 0.12 | LOW VOLATILITY | The low ATR as a percentage value for CLOA suggests low volalility. |
Average Directional Index/ADX (14) | 14.78 | NEGATIVE | The low ADX value for CLOA suggests a weak or negative trend. |
51.74
+0.01 (+0.02%)