CLEARSIDE BIOMEDICAL INC (CLSD)

US1850631045 - Common Stock

1.34  +0.08 (+6.35%)

After market: 1.31 -0.03 (-2.24%)

Technical Rating and Analysis

3

We assign a technical rating of 3 out of 10 to CLSD. Although CLSD is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

CLSD is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 76% of 198 stocks in the same industry.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Looking at the yearly performance, CLSD did better than 84% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
CLSD is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CLSD is lagging the market slightly.
In the last month CLSD has a been trading in the 1.10 - 1.63 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.
Weekly and Daily overview Charts
CLSD Weekly chart
CLSD Daily chart
Setup Rating and Analysis

7

CLSD has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 1.34, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

1.13

1.72

4 important support areas can be observed.

  • A support zone ranging from 1.30 to 1.34. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @1.24 from a horizontal line in the weekly time frame.
  • Support @1.18 from a trend line in the daily time frame.
  • Support @1.14 from a horizontal line in the daily time frame.

We can see 2 important resistance areas.

  • Resistance @1.41 from a horizontal line in the daily time frame.
  • Resistance @1.70 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
CRS84
Mansfield0.59
10 Day High1.48
10 Day Low1.1
20 Day High1.63
20 Day Low1.1
52 Week High2.12
52 Week Low0.65
Performance
1 Week2.29%
2 Weeks7.2%
1 Month-12.42%
3 Month8.94%
6 Month91.16%
12 Month32.67%
2 Year-12.42%
3 Year-56.35%
5 Year8.06%
10 YearN/A
15 YearN/A
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)0.01
RSI(14)47.94
LBB1.17
UBB1.42
CLSD Daily chart

CLEARSIDE BIOMEDICAL INC

NASDAQ:CLSD (4/26/2024, 7:00:00 PM)

After market: 1.31 -0.03 (-2.24%)

1.34

+0.08 (+6.35%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg6.35%
1 Week2.29%
2 Weeks7.2%
1 Month-12.42%
3 Month8.94%
6 Month91.16%
12 Month32.67%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.13
ATR(20)%10.7%
ATR Inc
Range Today0.11
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 High1.48
10 Day Low1.1
20 Day High1.63
20 Day Low1.1
52 Week High2.12
52 Week Low0.65
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume154.20K
Volume Incr-33.7%
Vol(5)204.48K
Vol(50)433.31K