CLEARONE INC (CLRO) Technical Analysis
NASDAQ:CLRO • US18506U2033
Current stock price
4.39 USD
+0.02 (+0.46%)
At close:
4.39 USD
0 (0%)
After Hours:
CLRO Technical Rating and Analysis
Taking everything into account, CLRO scores 0 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 91% of all other stocks performed better in the past year than CLRO.
- CLRO is part of the Communications Equipment industry. There are 48 other stocks in this industry, of which 89% are performing better than CLRO.
- CLRO is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so CLRO is lagging the market.
- CLRO is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- Warning: CLRO has an average volume of 10152 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
CLRO Weekly and Daily overview Charts
CLRO Setup Rating and Analysis
CLRO has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately.
More info and screens
CLRO Support and Resistance Analysis
4.13
10.82
We found 1 important support area.
- Support @4.17 from a trend line in the daily time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 5.71 to 5.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @6.15 from a trend line in the daily time frame.
- Resistance @6.31 from a trend line in the weekly time frame.
- Resistance @6.99 from a horizontal line in the daily time frame.
- Resistance @10.71 from a horizontal line in the weekly time frame.
CLRO Technical Indicator Signal Analysis
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 CLRO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CLRO is down. |
| ChartMill Relative Strength | 9.63 | NEGATIVE | CLRO has a low relative strength, it was outperformed by 90.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CLRO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CLRO is below 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) | 39.17 | NEUTRAL | The RSI value for CLRO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests CLRO has a positive trend. |
| Stochastics (14,3) | 15.28 | OVERSOLD | The low Stochastics value suggests CLRO may be oversold. |
| Average True Range in percent/ATR (20) | 10.33 | HIGH VOLATILITY | The high ATR as a percentage value for CLRO suggests high volalility. |
| Average Directional Index/ADX (14) | 14.85 | NEGATIVE | The low ADX value for CLRO suggests a weak or negative trend. |
CLRO Chart- and CandleStick Pattern Analysis
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)
CLRO Technicals: Chart, Performance Metrics, Trend & Indicators
4.39
+0.02 (+0.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg0.46%
1 Week-0.41%
2 Weeks-3.94%
1 Month-31.73%
3 Month-18.2%
6 Month-18.55%
12 Month-53.77%
2 Year-84.01%
3 Year-80.62%
5 Year-91.87%
10 Year-97.48%
15 Year-95.66%
Volatility
ATR(14)0.42
ATR(20)%10.33%
ATR Inc10.05%
Range Today0.37
ADR(20)0.43
ADR(20)%9.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.63
3 months CRS20.86
6 months CRS24.98
Mansfield-2.86
10 Day High5.36
10 Day Low4.16
20 Day High6.49
20 Day Low4.16
52 Week High15.42
52 Week Low3.83
CS1 End4.17
CR1 Start5.71
Volume & EV
DER(3)-6.23%
DER(5)-4.14%
Volume14.60K
Volume Incr-5.73%
Vol(5)7.24K
Vol(50)10.15K
CLEARONE INC / CLRO TA FAQ
What is the ChartMill technical rating of CLEARONE INC (CLRO) stock?
ChartMill assigns a technical rating of 0 / 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 39.1671. 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 negative.
What are the support and resistance levels for CLEARONE INC (CLRO) stock?
CLEARONE INC (CLRO) has a support level at 4.17 and a resistance level at 5.71. Check the full technical report for our detailed analysis of CLRO support and resistance levels.