CLEANSPARK INC-29 (CLSKW) Stock Technical Analysis
USA - NASDAQ:CLSKW -
Overall CLSKW gets a technical rating of 6 out of 10. Although CLSKW is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although the technical rating is only medium, CLSKW does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
0.35
When analyzing the support we can see 2 important areas.
- Support @0.36 from a trend line in the daily time frame.
- Support @0.35 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 | UP | POSITIVE | The long term trend for CLSKW is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CLSKW is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | CLSKW has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CLSKW is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CLSKW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CLSKW is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.94 | NEUTRAL | The RSI value for CLSKW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests CLSKW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.61 | NEUTRAL | The Stochastics value for CLSKW is a neutral value. |
| Average True Range in percent/ATR (20) | 24.53 | HIGH VOLATILITY | The high ATR as a percentage value for CLSKW suggests high volalility. |
| Average Directional Index/ADX (14) | 31.73 | POSITIVE | The high ADX value value for CLSKW suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.89 | 0.49 | 0.40 (44.94%) | 2.22% |
| An entry @0.89. This is a Buy Stop order right above the 10 day high. | An exit @0.49. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.40 points, which is 44.94%. | When investing 2.22% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
0.675
+0.16 (+32.02%)
CLEANSPARK INC-29 / CLSKW FAQ
What is the ChartMill technical rating of CLEANSPARK INC-29 (CLSKW) stock?
ChartMill assigns a technical rating of 6 / 10 to CLSKW.
Can you provide the trend direction for CLEANSPARK INC-29?
The current trend direction for CLEANSPARK INC-29 (CLSKW) is Bullish.
Can you provide the RSI signal for CLEANSPARK INC-29?
CLEANSPARK INC-29 (CLSKW) has an RSI value of 50.9358. This indicates that the stock is currently neutral.
What is the MACD signal for CLEANSPARK INC-29 (CLSKW) stock?
The MACD indicator for CLEANSPARK INC-29 (CLSKW) has a value of -0.0255166, indicating a bearish trend.