Overall CLRO gets a technical rating of 2 out of 10. In the last year, CLRO was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
CLRO has a poor technical rating and the quality of the setup is also only medium 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
4.42
We found 4 important support areas.
- A support zone ranging from 5.22 to 5.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.05 from a trend line in the daily time frame.
- Support @4.85 from a horizontal line in the daily time frame.
- A support zone ranging from 4.46 to 4.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @5.64 from a horizontal line in the weekly time frame.
- Resistance @9.12 from a trend line in the weekly time frame.
- Resistance @10.21 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for CLRO is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CLRO is neutral. |
| ChartMill Relative Strength | 17.21 | NEGATIVE | CLRO has a low relative strength, it was outperformed by 82.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CLRO is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CLRO is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CLRO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.79 | NEUTRAL | The RSI value for CLRO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests CLRO has a positive trend. |
| Stochastics (14,3) | 77.98 | NEUTRAL | The Stochastics value for CLRO is a neutral value. |
| Average True Range in percent/ATR (20) | 8.04 | HIGH VOLATILITY | The high ATR as a percentage value for CLRO suggests high volalility. |
| Average Directional Index/ADX (14) | 22.83 | NEUTRAL | The ADX value for CLRO suggests a possible start of a new trend. |
5.54
-0.09 (-1.6%)
CLEARONE INC / CLRO FAQ
What is the ChartMill technical rating of CLEARONE INC (CLRO) stock?
ChartMill assigns a technical rating of 2 / 10 to CLRO.
What is the current trend direction of CLEARONE INC (CLRO) stock?
The current trend direction for CLEARONE INC (CLRO) is Bearish.
Can you provide the RSI signal for CLEARONE INC?
CLEARONE INC (CLRO) has an RSI value of 54.7856. This indicates that the stock is currently neutral.
What is the short term momentum for CLRO stock?
The short term momentum for CLEARONE INC (CLRO) is neutral.
What are the support and resistance levels for CLEARONE INC (CLRO) stock?
CLEARONE INC (CLRO) has a support level at 5.35 and a resistance level at 5.64. Check the full technical report for our detailed analysis of CLRO support and resistance levels.