Taking everything into account, CLPT scores 3 out of 10 in our technical rating. Although CLPT is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of CLPT is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
11.16
We found 2 important support areas.
- A support zone ranging from 13.50 to 13.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 11.27 to 11.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 14.61 to 14.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @23.24 from a trend 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 | 89.61 | POSITIVE | CLPT has a high relative strength, it outperformed 89.61% 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) | UP | MIXED | The current price of CLPT is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CLPT is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.93 | NEUTRAL | The RSI value for CLPT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests CLPT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.53 | OVERSOLD | The low Stochastics value suggests CLPT may be oversold. |
| Average True Range in percent/ATR (20) | 12.13 | HIGH VOLATILITY | The high ATR as a percentage value for CLPT suggests high volalility. |
| Average Directional Index/ADX (14) | 30.43 | POSITIVE | The high ADX value value for CLPT suggests a strong trend. |
14.6
+0.2 (+1.39%)
CLEARPOINT NEURO INC / CLPT FAQ
What is the technical rating for CLPT stock?
ChartMill assigns a technical rating of 3 / 10 to CLPT.
What is the trend direction for 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 36.9331. This indicates that the stock is currently neutral.
Can you provide the short term momentum for CLEARPOINT NEURO INC?
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 13.81 and a resistance level at 14.61. Check the full technical report for our detailed analysis of CLPT support and resistance levels.