CLEARONE INC (CLRO)

US18506U1043 - Common Stock

1.05  -0.03 (-2.78%)

After market: 1.1 +0.05 (+4.76%)

Technical Rating and Analysis

1

Taking everything into account, CLRO scores 1 out of 10 in our technical rating. CLRO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

When comparing the yearly performance of all stocks, CLRO is a bad performer in the overall market: 76% of all stocks are doing better.
CLRO is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CLRO is lagging the market.
In the last month CLRO has a been trading in the 0.86 - 1.60 range, which is quite wide. It is currently trading near the lows of this range.
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.
CLRO has an average volume of 3489170 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
CLRO is part of the Communications Equipment industry. There are 54 other stocks in this industry, CLRO did better than 52% of them.
Weekly and Daily overview Charts
CLRO Weekly chart
CLRO Daily chart
Setup Rating and Analysis

3

The technical rating of CLRO 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.

Support and Resistance Analysis

0.71

1.77

2 important support areas can be observed.

  • A support zone ranging from 0.90 to 0.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @0.72 from a trend line in the weekly time frame.

2 important resistance areas can be observed.

  • Resistance @1.09 from a horizontal line in the daily time frame.
  • Resistance @1.75 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.42
Mansfield-0.61
10 Day High1.23
10 Day Low0.88
20 Day High1.6
20 Day Low0.86
52 Week High2.65
52 Week Low0.64
Performance
1 Week14.9%
2 Weeks9.51%
1 Month-30.46%
3 Month0.96%
6 Month57.19%
12 Month-13.93%
2 Year84.86%
3 Year-56.07%
5 Year-48.78%
10 Year-89.38%
15 Year-64.53%
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)
Technical Indicators
MACD(12,26,9)0.02
RSI(14)44.15
LBB0.85
UBB1.06
CLRO Daily chart

CLEARONE INC

NASDAQ:CLRO (5/3/2024, 7:00:00 PM)

After market: 1.1 +0.05 (+4.76%)

1.05

-0.03 (-2.78%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg-2.78%
1 Week14.9%
2 Weeks9.51%
1 Month-30.46%
3 Month0.96%
6 Month57.19%
12 Month-13.93%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.08
ATR(20)%11.04%
ATR Inc
Range Today0.07
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High1.23
10 Day Low0.88
20 Day High1.6
20 Day Low0.86
52 Week High2.65
52 Week Low0.64
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume156.10K
Volume Incr22.57%
Vol(5)346.80K
Vol(50)3.49M