CLEARSIDE BIOMEDICAL INC (CLSD) Technical Analysis
NASDAQ:CLSD • US1850632035
Current stock price
CLSD Technical Rating and Analysis
Taking everything into account, CLSD scores 0 out of 10 in our technical rating. CLSD'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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, CLSD is a bad performer in the overall market: 100% of all stocks are doing better.
- CLSD is one of the lesser performing stocks in the Pharmaceuticals industry. 90% of 191 stocks in the same industry do better.
- CLSD is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- 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.
What is the current trend direction of CLEARSIDE BIOMEDICAL INC (CLSD) stock?
The current trend direction for CLEARSIDE BIOMEDICAL INC (CLSD) is Bearish.
Can you provide the RSI signal for CLEARSIDE BIOMEDICAL INC?
CLEARSIDE BIOMEDICAL INC (CLSD) has an RSI value of 16.0584. This indicates that the stock is currently oversold.
What is the MACD signal for CLEARSIDE BIOMEDICAL INC (CLSD) stock?
The MACD indicator for CLEARSIDE BIOMEDICAL INC (CLSD) has a value of -0.332917, indicating a bearish trend.
Can you provide the short term momentum for CLEARSIDE BIOMEDICAL INC?
The short term momentum for CLEARSIDE BIOMEDICAL INC (CLSD) is negative.