Taking everything into account, CLPT scores 0 out of 10 in our technical rating. CLPT 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, CLPT is a bad performer in the overall market: 90% of all stocks are doing better.
- CLPT is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 65% of 186 stocks in the same industry do better.
- CLPT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month CLPT has a been trading in the 13.42 - 16.58 range, which is quite wide. It is currently trading near the lows of this range.
Although the technical rating is bad, CLPT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
11.90
When analyzing the support we can see 5 important areas.
- Support @13.57 from a trend line in the weekly time frame.
- Support @13.09 from a trend line in the daily time frame.
- Support @12.70 from a horizontal line in the weekly time frame.
- Support @12.37 from a horizontal line in the daily time frame.
- Support @12.02 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 14.83 to 15.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @15.66 from a horizontal line in the daily time frame.
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 CLPT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CLPT is down. |
| ChartMill Relative Strength | 10.03 | NEGATIVE | CLPT has a low relative strength, it was outperformed by 89.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CLPT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CLPT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CLPT is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.3 | NEUTRAL | The RSI value for CLPT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CLPT has a negative trend. |
| Stochastics (14,3) | 24.26 | NEUTRAL | The Stochastics value for CLPT is a neutral value. |
| Average True Range in percent/ATR (20) | 6.77 | HIGH VOLATILITY | The high ATR as a percentage value for CLPT suggests high volalility. |
| Average Directional Index/ADX (14) | 17.41 | NEGATIVE | The low ADX value for CLPT suggests a weak or negative trend. |
14.01
+0.11 (+0.79%)
CLEARPOINT NEURO INC / CLPT FAQ
What is the technical rating for CLPT stock?
ChartMill assigns a technical rating of 0 / 10 to CLPT.
What is the current trend direction of CLEARPOINT NEURO INC (CLPT) stock?
The current trend direction for CLEARPOINT NEURO INC (CLPT) is Bearish.
What is the RSI signal for CLPT stock?
CLEARPOINT NEURO INC (CLPT) has an RSI value of 45.2959. This indicates that the stock is currently neutral.
What is the short term momentum for CLEARPOINT NEURO INC (CLPT) stock?
The short term momentum for CLEARPOINT NEURO INC (CLPT) is negative.
What is the support and resistance level for CLPT stock?
CLEARPOINT NEURO INC (CLPT) has a support level at 13.57 and a resistance level at 14.83. Check the full technical report for our detailed analysis of CLPT support and resistance levels.