VANECK AA-BB CLO ETF (CLOB) Stock Technical Analysis
NYSEARCA:CLOB - NYSE Arca - US92189H6568 - ETF - Currency: USD
Taking everything into account, CLOB scores 4 out of 10 in our technical rating. In the last year, CLOB was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although the technical rating is only medium, CLOB does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 50.89. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 50.65, a Stop Loss order could be placed below this zone.
More info and screens
49.08
We found 2 important support areas.
- A support zone ranging from 50.42 to 50.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @49.58 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 50.89 to 51.04. 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 CLOB is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CLOB is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | CLOB has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CLOB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CLOB is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 53.84 | NEUTRAL | The RSI value for CLOB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CLOB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 56.97 | NEUTRAL | The Stochastics value for CLOB is a neutral value. |
| Average True Range in percent/ATR (20) | 0.38 | LOW VOLATILITY | The low ATR as a percentage value for CLOB suggests low volalility. |
| Average Directional Index/ADX (14) | 13.11 | NEGATIVE | The low ADX value for CLOB suggests a weak or negative trend. |
NYSEARCA:CLOB (7/17/2025, 8:12:58 PM)
50.69
+0.04 (+0.08%)