CLEARPOINT NEURO INC (CLPT) Stock Technical Analysis
NASDAQ:CLPT - Nasdaq - US18507C1036 - Common Stock - Currency: USD
Overall CLPT gets a technical rating of 4 out of 10. 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
In the last month CLPT has a been trading in the 10.66 - 14.23 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, CLPT did better than 92% of all other stocks. On top of that, CLPT also shows a nice and consistent pattern of rising prices.
CLPT is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry. CLPT outperforms 94% of them.
CLPT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CLPT is lagging the market.
Volume is considerably higher in the last couple of days.
Although the technical rating is only medium, CLPT 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 11.81. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 11.32, a Stop Loss order could be placed below this zone.
More info and screens
6.81
13.56
2 important support areas can be observed.
- A support zone ranging from 10.80 to 11.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.88 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 11.81 to 12.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 12.74 to 12.85. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @13.43 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 | 92.99 | POSITIVE | CLPT has a high relative strength, it outperformed 92.99% 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) | DOWN | NEGATIVE | The current price of CLPT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.24 | NEUTRAL | The RSI value for CLPT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CLPT has a positive trend. |
| Stochastics (14,3) | 36.64 | NEUTRAL | The Stochastics value for CLPT is a neutral value. |
| Average True Range in percent/ATR (20) | 5.62 | HIGH VOLATILITY | The high ATR as a percentage value for CLPT suggests high volalility. |
| Average Directional Index/ADX (14) | 13.54 | NEGATIVE | The low ADX value for CLPT 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)
11.7
+0.41 (+3.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg3.63%
1 Week-2.66%
2 Weeks4%
1 Month-9.93%
3 Month6.07%
6 Month-26.37%
12 Month115.07%
2 Year70.31%
3 Year-17.43%
5 Year162.92%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.57
ATR(20)%5.62%
ATR Inc-22.19%
Range Today0.59
ADR(20)0.66
ADR(20)%5.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.99
Mansfield-1.54
10 Day High12.38
10 Day Low10.66
20 Day High14.23
20 Day Low10.66
52 Week High19.22
52 Week Low5.39
CS1 End11.32
CR1 Start11.81
Volume & EV
DER(3)-0.56%
DER(5)-0.24%
Volume305.90K
Volume Incr277.01%
Vol(5)1.17M
Vol(50)380.64K