CLEARSIDE BIOMEDICAL INC (CLSD) Technical Analysis
NASDAQ:CLSD • US1850632035
Current stock price
CLSD Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to CLSD. CLSD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 100% of all other stocks performed better in the past year than CLSD.
- CLSD is part of the Pharmaceuticals industry. There are 192 other stocks in this industry, of which 89% are performing better than CLSD.
- CLSD is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so CLSD is lagging the market.
- In the last month CLSD has a been trading in the 0.37 - 4.26 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
CLSD Weekly and Daily overview Charts
CLSD Setup Rating and Analysis
The technical rating of CLSD is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
CLSD Support and Resistance Analysis
CLSD 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 CLSD is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CLSD is down. |
| ChartMill Relative Strength | 0.18 | NEGATIVE | CLSD has a low relative strength, it was outperformed by 99.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CLSD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CLSD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CLSD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 16.06 | OVERSOLD | The low RSI value suggests CLSD may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.33 | NEGATIVE | The MACD value suggests CLSD has a negative trend. |
| Stochastics (14,3) | 0.53 | OVERSOLD | The low Stochastics value suggests CLSD may be oversold. |
| Average True Range in percent/ATR (20) | 100.68 | HIGH VOLATILITY | The high ATR as a percentage value for CLSD suggests high volalility. |
| Average Directional Index/ADX (14) | 34.41 | POSITIVE | The high ADX value value for CLSD suggests a strong trend. |
CLSD Chart- and CandleStick Pattern Analysis
CLSD Technicals: Chart, Performance Metrics, Trend & Indicators
0.41
-0.15 (-26.96%)
CLEARSIDE BIOMEDICAL INC / CLSD TA FAQ
What is the technical rating for CLSD stock?
ChartMill assigns a technical rating of 0 / 10 to CLSD.
Can you provide the trend direction for CLEARSIDE BIOMEDICAL INC?
The current trend direction for CLEARSIDE BIOMEDICAL INC (CLSD) is Bearish.
What is the RSI signal for CLSD stock?
CLEARSIDE BIOMEDICAL INC (CLSD) has an RSI value of 16.0584. This indicates that the stock is currently oversold.
Can you provide the short term momentum for CLEARSIDE BIOMEDICAL INC?
The short term momentum for CLEARSIDE BIOMEDICAL INC (CLSD) is negative.
What is the buy/sell signal for CLEARSIDE BIOMEDICAL INC (CLSD) stock?
The buy/sell signal for CLEARSIDE BIOMEDICAL INC (CLSD) is sell as both the short term and long term trends are negative.