Cls Holdings USA Inc (CLSH.CA) Stock Technical Analysis
CNSX:CLSH - Canadian Securities Exchange -
Taking everything into account, CLSH scores 2 out of 10 in our technical rating. In the last year, CLSH was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
94% of all other stocks performed better in the past year than CLSH.
In the last month CLSH has a been trading in the 0.18 - 0.32 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.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
CLSH 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 CLSH is lagging the market slightly.
CLSH 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.
More info and screens
0.10
0.33
3 important support areas can be observed.
- Support @0.22 from a trend line in the daily time frame.
- A support zone ranging from 0.21 to 0.21. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @0.10 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @0.33 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 | NEUTRAL | NEUTRAL | The long term trend for CLSH.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CLSH.CA is down. |
| ChartMill Relative Strength | 6.9 | NEGATIVE | CLSH.CA has a low relative strength, it was outperformed by 93.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CLSH.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CLSH.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CLSH.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.28 | NEUTRAL | The RSI value for CLSH.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CLSH.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.82 | NEUTRAL | The Stochastics value for CLSH.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 14.43 | HIGH VOLATILITY | The high ATR as a percentage value for CLSH.CA suggests high volalility. |
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)
CNSX:CLSH (4/7/2021, 8:26:42 PM)
0.22
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week-12%
2 Weeks-15.38%
1 Month-10.2%
3 Month10%
6 Month193.33%
12 Month-31.25%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%14.43%
ATR Inc-92.31%
Range Today0.01
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.9
Mansfield-0.43
10 Day High0.26
10 Day Low0.18
20 Day High0.32
20 Day Low0.18
52 Week High0.49
52 Week Low0.07
CS1 End0.22
CR1 Start0.33
Volume & EV
DER(3)-23.87%
DER(5)-15.46%
Volume52.50K
Volume Incr53.56%
Vol(5)28.40K
Vol(50)30.62K