ELDRIDGE BBB-B CLO ETF (CLOZ) Stock Technical Analysis
NYSEARCA:CLOZ - NYSE Arca - US81752T5285 - ETF - Currency: USD
We assign a technical rating of 3 out of 10 to CLOZ. In the past year, CLOZ was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, CLOZ is a bad performer in the overall market: 65% of all stocks are doing better.
CLOZ is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CLOZ is lagging the market slightly.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
In the last month CLOZ has a been trading in a tight range between 26.62 and 26.89.
Although the technical rating is bad, CLOZ does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 26.68, a Stop Loss order could be placed below this zone.
More info and screens
25.16
27.51
When analyzing the support we can see 2 important areas.
- A support zone ranging from 26.20 to 26.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 25.41 to 25.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 26.72 to 27.24. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The long term trend for CLOZ is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CLOZ is neutral. |
| ChartMill Relative Strength | 35.16 | NEUTRAL | CLOZ is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CLOZ is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CLOZ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CLOZ is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.7 | NEUTRAL | The RSI value for CLOZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CLOZ has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 32.72 | NEUTRAL | The Stochastics value for CLOZ is a neutral value. |
| Average True Range in percent/ATR (20) | 0.28 | LOW VOLATILITY | The low ATR as a percentage value for CLOZ suggests low volalility. |
| Average Directional Index/ADX (14) | 13.06 | NEGATIVE | The low ADX value for CLOZ suggests a weak or negative 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)
26.71
-0.02 (-0.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.06%
1 Week0.02%
2 Weeks-0.15%
1 Month0.11%
3 Month3.93%
6 Month-1.15%
12 Month-0.67%
2 Year2.93%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%0.28%
ATR Inc-55.48%
Range Today0.02
ADR(20)0.07
ADR(20)%0.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.16
Mansfield-0.77
10 Day High26.84
10 Day Low26.62
20 Day High26.89
20 Day Low26.62
52 Week High27.25
52 Week Low25.08
CS1 End26.68
CR1 Start26.72
Volume & EV
DER(3)-2.83%
DER(5)-0.38%
Volume207.60K
Volume Incr-26.42%
Vol(5)298.58K
Vol(50)426.83K