CLEANSPARK INC-29 (CLSKW) Technical Analysis
NASDAQ:CLSKW
Current stock price
CLSKW Technical Rating and Analysis
Overall CLSKW gets a technical rating of 3 out of 10. CLSKW has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- CLSKW is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- 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 60% of all stocks.
- In the last month CLSKW has a been trading in the 0.23 - 0.38 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
CLSKW Support and Resistance Analysis
0.24
When analyzing the support we can see 3 important areas.
- A support zone ranging from 0.29 to 0.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.25 from a trend line in the weekly time frame.
- Support @0.24 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- Resistance @0.30 from a trend line in the daily time frame.
- A resistance zone ranging from 0.31 to 0.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.32 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 | NEUTRAL | NEUTRAL | The short term trend for CLSKW is neutral. |
| ChartMill Relative Strength | 60.78 | NEUTRAL | CLSKW is not amongst the best or worst performers 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). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CLSKW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.97 | 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) | 41.62 | NEUTRAL | The Stochastics value for CLSKW is a neutral value. |
| Average True Range in percent/ATR (20) | 10.93 | HIGH VOLATILITY | The high ATR as a percentage value for CLSKW suggests high volalility. |
| Average Directional Index/ADX (14) | 27.85 | POSITIVE | The high ADX value value for CLSKW suggests a strong trend. |
CLSKW Chart- and CandleStick Pattern Analysis
CLSKW Technicals: Chart, Performance Metrics, Trend & Indicators
0.2959
+0 (+1.68%)
CLEANSPARK INC-29 / CLSKW TA FAQ
What is the ChartMill technical rating of CLEANSPARK INC-29 (CLSKW) stock?
ChartMill assigns a technical rating of 3 / 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.
What is the RSI signal for CLSKW stock?
CLEANSPARK INC-29 (CLSKW) has an RSI value of 53.9719. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CLEANSPARK INC-29?
The MACD indicator for CLEANSPARK INC-29 (CLSKW) has a value of 0.00381693, indicating a bearish trend.
What is the support and resistance level for CLSKW stock?
CLEANSPARK INC-29 (CLSKW) has a support level at 0.29 and a resistance level at 0.3. Check the full technical report for our detailed analysis of CLSKW support and resistance levels.