We assign a technical rating of 1 out of 10 to CLOZ. CLOZ's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, CLOZ does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 26.58. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 26.54, a Stop Loss order could be placed below this zone.
More info and screens
25.94
We found 1 important support area.
- A support zone ranging from 26.20 to 26.54. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 26.58 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 | DOWN | NEGATIVE | The long term trend for CLOZ is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CLOZ is neutral. |
| ChartMill Relative Strength | 34.86 | NEUTRAL | CLOZ is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CLOZ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CLOZ is below a declining 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) | 51.49 | NEUTRAL | The RSI value for CLOZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CLOZ has a positive trend. |
| Stochastics (14,3) | 59.99 | NEUTRAL | The Stochastics value for CLOZ is a neutral value. |
| Average True Range in percent/ATR (20) | 0.19 | LOW VOLATILITY | The low ATR as a percentage value for CLOZ suggests low volalility. |
| Average Directional Index/ADX (14) | 12.12 | NEGATIVE | The low ADX value for CLOZ suggests a weak or negative trend. |
26.56
0 (0%)
ELDRIDGE BBB-B CLO ETF / CLOZ FAQ
What is the ChartMill technical rating of ELDRIDGE BBB-B CLO ETF (CLOZ) stock?
ChartMill assigns a technical rating of 1 / 10 to CLOZ.
What is the current trend direction of ELDRIDGE BBB-B CLO ETF (CLOZ) stock?
The current trend direction for ELDRIDGE BBB-B CLO ETF (CLOZ) is Bearish.
What is the RSI signal for ELDRIDGE BBB-B CLO ETF (CLOZ) stock?
ELDRIDGE BBB-B CLO ETF (CLOZ) has an RSI value of 51.485. This indicates that the stock is currently neutral.
What is the MACD signal for ELDRIDGE BBB-B CLO ETF (CLOZ) stock?
The MACD indicator for ELDRIDGE BBB-B CLO ETF (CLOZ) has a value of 0.00733972, indicating a bearish trend.
What is the short term momentum for ELDRIDGE BBB-B CLO ETF (CLOZ) stock?
The short term momentum for ELDRIDGE BBB-B CLO ETF (CLOZ) is neutral.