CLEARPOINT NEURO INC (CLPT) Technical Analysis
NASDAQ:CLPT • US18507C1036
Current stock price
CLPT Technical Rating and Analysis
Taking everything into account, CLPT scores 2 out of 10 in our technical rating. In the past year, CLPT 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.
- 84% of all other stocks performed better in the past year than CLPT.
- 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.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- In the last month CLPT has a been trading in the 8.27 - 11.82 range, which is quite wide. It is currently trading near the high of this range.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- CLPT is part of the Health Care Equipment & Supplies industry. There are 188 other stocks in this industry, CLPT did better than 45% of them.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
CLPT Weekly and Daily overview Charts
CLPT Setup Rating and Analysis
The technical rating of CLPT is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
CLPT Support and Resistance Analysis
8.57
We found 2 important support areas.
- Support @8.84 from a horizontal line in the daily time frame.
- Support @8.66 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 11.80 to 11.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @14.31 from a trend line in the daily time frame.
CLPT Technical Indicator Signal Analysis
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 | UP | POSITIVE | The short term trend for CLPT is up. |
| ChartMill Relative Strength | 16.89 | NEGATIVE | CLPT has a low relative strength, it was outperformed by 83.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CLPT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CLPT is above 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) | 64.19 | NEUTRAL | The RSI value for CLPT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.38 | POSITIVE | The MACD value suggests CLPT has a positive trend. |
| Stochastics (14,3) | 92.46 | OVERBOUGHT | The high Stochastics value suggests CLPT may be overbought. |
| Average True Range in percent/ATR (20) | 5.04 | HIGH VOLATILITY | The high ATR as a percentage value for CLPT suggests high volalility. |
| Average Directional Index/ADX (14) | 20.03 | NEUTRAL | The ADX value for CLPT suggests a possible start of a new trend. |
CLPT Chart- and CandleStick Pattern Analysis
CLPT Technicals: Chart, Performance Metrics, Trend & Indicators
11.79
+1.29 (+12.29%)
CLEARPOINT NEURO INC / CLPT TA FAQ
What is the technical rating for CLPT stock?
ChartMill assigns a technical rating of 2 / 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 CLEARPOINT NEURO INC (CLPT) stock?
CLEARPOINT NEURO INC (CLPT) has an RSI value of 64.189. This indicates that the stock is currently neutral.
What is the MACD signal for CLPT stock?
The MACD indicator for CLEARPOINT NEURO INC (CLPT) has a value of 0.377606, indicating a bearish trend.
Can you provide the support and resistance levels for CLEARPOINT NEURO INC?
CLEARPOINT NEURO INC (CLPT) has a support level at 8.84 and a resistance level at 11.8. Check the full technical report for our detailed analysis of CLPT support and resistance levels.