Overall CLSK gets a technical rating of 5 out of 10. CLSK was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
CLSK has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
7.31
4 important support areas can be observed.
- A support zone ranging from 9.81 to 9.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.54 from a trend line in the daily time frame.
- Support @8.85 from a horizontal line in the daily time frame.
- Support @7.38 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 15.11 to 15.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @19.38 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 CLSK is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CLSK is neutral. |
| ChartMill Relative Strength | 88.49 | POSITIVE | CLSK has a high relative strength, it outperformed 88.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CLSK is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CLSK is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CLSK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.73 | NEUTRAL | The RSI value for CLSK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.46 | POSITIVE | The MACD value suggests CLSK has a positive trend. |
| Stochastics (14,3) | 77.67 | NEUTRAL | The Stochastics value for CLSK is a neutral value. |
| Average True Range in percent/ATR (20) | 9.03 | HIGH VOLATILITY | The high ATR as a percentage value for CLSK suggests high volalility. |
| Average Directional Index/ADX (14) | 20.81 | NEUTRAL | The ADX value for CLSK suggests a possible start of a new trend. |
14.49
+0.78 (+5.69%)
CLEANSPARK INC / CLSK FAQ
What is the ChartMill technical rating of CLEANSPARK INC (CLSK) stock?
ChartMill assigns a technical rating of 5 / 10 to CLSK.
What is the trend direction for CLSK stock?
The current trend direction for CLEANSPARK INC (CLSK) is Bearish.
What is the RSI signal for CLSK stock?
CLEANSPARK INC (CLSK) has an RSI value of 52.7322. This indicates that the stock is currently neutral.
What is the MACD signal for CLSK stock?
The MACD indicator for CLEANSPARK INC (CLSK) has a value of 0.46432, indicating a bearish trend.
Can you provide the short term momentum for CLEANSPARK INC?
The short term momentum for CLEANSPARK INC (CLSK) is neutral.