CLEARONE INC (CLRO) Stock Technical Analysis
NASDAQ:CLRO - Nasdaq - US18506U1043 - Common Stock - Currency: USD
Taking everything into account, CLRO scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CLRO is only an average performer.
CLRO is part of the Communications Equipment industry. There are 48 other stocks in this industry, of which 70% are performing better than CLRO.
Both the short term and long term trends are positive. This is a very positive sign.
When compared to the yearly performance of all other stocks, CLRO outperforms 52% of them, which is more or less in line with the market.
CLRO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CLRO is lagging the market.
In the last month CLRO has a been trading in the 4.98 - 15.42 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although CLRO has an excellent technical rating, it does not offer a high 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
5.34
14.33
When analyzing the support we notice one important area.
- Support @5.39 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @11.66 from a trend line in the daily time frame.
- Resistance @14.19 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 | UP | POSITIVE | The long term trend for CLRO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CLRO is up. |
| ChartMill Relative Strength | 52.21 | NEUTRAL | CLRO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CLRO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CLRO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CLRO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.65 | NEUTRAL | The RSI value for CLRO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests CLRO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 48.32 | NEUTRAL | The Stochastics value for CLRO is a neutral value. |
| Average True Range in percent/ATR (20) | 15.61 | HIGH VOLATILITY | The high ATR as a percentage value for CLRO suggests high volalility. |
| Average Directional Index/ADX (14) | 47.97 | POSITIVE | The high ADX value value for CLRO suggests a strong 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)
NASDAQ:CLRO (7/15/2025, 8:00:00 PM)
9.31
-0.8 (-7.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg-7.91%
1 Week-14.74%
2 Weeks61.91%
1 Month62.2%
3 Month25.06%
6 Month0.99%
12 Month-11.7%
2 Year-23.09%
3 Year-5.26%
5 Year-73.48%
10 Year-95.11%
15 Year-79.58%
Volatility
ATR(14)1.55
ATR(20)%15.61%
ATR Inc-32.12%
Range Today0.84
ADR(20)1.23
ADR(20)%13.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.21
Mansfield0.04
10 Day High15.42
10 Day Low8.42
20 Day High15.42
20 Day Low4.98
52 Week High21
52 Week Low4.35
CS1 End5.39
CR1 Start11.66
Volume & EV
DER(3)-1.66%
DER(5)0.07%
Volume177.50K
Volume Incr-93.75%
Vol(5)128.53K
Vol(50)958.23K