CLEANSPARK INC-29 (CLSKW) Technical Analysis
NASDAQ:CLSKW
Current stock price
CLSKW Technical Rating and Analysis
Overall CLSKW gets a technical rating of 1 out of 10. CLSKW has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- CLSKW is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CLSKW is lagging the market.
- In the last month CLSKW has a been trading in the 0.25 - 0.35 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the performance of all stocks over the past year, CLSKW turns out to be only a medium performer in the overall market: it outperformed 52% of all stocks.
- Considerably lower volume is observed in the last couple of days.
CLSKW Weekly and Daily overview Charts
CLSKW Setup Rating and Analysis
CLSKW 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 a resistance zone just above the current price starting at 0.28. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for CLSKW in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
CLSKW Support and Resistance Analysis
0.26
When analyzing the support we notice one important area.
- A support zone ranging from 0.26 to 0.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 0.28 to 0.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.29 to 0.29. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.31 from a horizontal line in the daily time frame.
CLSKW 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 CLSKW is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CLSKW is down. |
| ChartMill Relative Strength | 52.28 | NEUTRAL | CLSKW is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CLSKW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CLSKW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CLSKW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.4 | NEUTRAL | The RSI value for CLSKW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CLSKW has a positive trend. |
| Stochastics (14,3) | 25.59 | NEUTRAL | The Stochastics value for CLSKW is a neutral value. |
| Average True Range in percent/ATR (20) | 11.02 | HIGH VOLATILITY | The high ATR as a percentage value for CLSKW suggests high volalility. |
| Average Directional Index/ADX (14) | 24.52 | NEUTRAL | The ADX value for CLSKW suggests a possible start of a new trend. |
CLSKW Chart- and CandleStick Pattern Analysis
CLSKW Technicals: Chart, Performance Metrics, Trend & Indicators
0.2699
0 (-1.75%)
CLEANSPARK INC-29 / CLSKW TA FAQ
What is the ChartMill technical rating of CLEANSPARK INC-29 (CLSKW) stock?
ChartMill assigns a technical rating of 1 / 10 to CLSKW.
What is the current trend direction of CLEANSPARK INC-29 (CLSKW) stock?
The current trend direction for CLEANSPARK INC-29 (CLSKW) is Bearish.
Can you provide the RSI signal for CLEANSPARK INC-29?
CLEANSPARK INC-29 (CLSKW) has an RSI value of 41.3955. This indicates that the stock is currently neutral.
What is the MACD signal for CLSKW stock?
The MACD indicator for CLEANSPARK INC-29 (CLSKW) has a value of 0.000423622, indicating a bearish trend.
What is the short term momentum for CLSKW stock?
The short term momentum for CLEANSPARK INC-29 (CLSKW) is negative.