CLEANSPARK INC-29 (CLSKW) Stock Technical Analysis
NASDAQ:CLSKW - Nasdaq - - Currency: USD
We assign a technical rating of 4 out of 10 to CLSKW. Recently some decent action could be observed, but in the medium term time frame this is still negative. CLSKW was also a bad performer in the overall market in the last year.
100% of all other stocks performed better in the past year than CLSKW.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month CLSKW has a been trading in the 0.16 - 0.44 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
CLSKW has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.43
0.44
We found 1 important resistance area.
- A resistance zone ranging from 0.44 to 0.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 CLSKW is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CLSKW is up. |
| 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 | POSITIVE | The current price of CLSKW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CLSKW is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 76.54 | OVERBOUGHT | The high RSI value suggests CLSKW may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests CLSKW has a positive trend. |
| Stochastics (14,3) | 90.32 | OVERBOUGHT | The high Stochastics value suggests CLSKW may be overbought. |
| Average True Range in percent/ATR (20) | 9.72 | HIGH VOLATILITY | The high ATR as a percentage value for CLSKW suggests high volalility. |
| Average Directional Index/ADX (14) | 20.04 | NEUTRAL | The ADX value for CLSKW suggests a possible start of a new trend. |
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)
0.43
+0.08 (+23.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg23.74%
1 Week91.79%
2 Weeks129.95%
1 Month120.63%
3 Month-28.71%
6 Month-57%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%9.72%
ATR Inc173.34%
Range Today0.09
ADR(20)0.04
ADR(20)%9.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High0.44
10 Day Low0.19
20 Day High0.44
20 Day Low0.16
52 Week HighN/A
52 Week LowN/A
CS1 EndN/A
CR1 Start0.44
Volume & EV
DER(3)-4.62%
DER(5)4.1%
Volume749.60K
Volume Incr16.09%
Vol(5)496.64K
Vol(50)333.12K