CLARIVATE PLC (CLVT) Stock Technical Analysis
NYSE:CLVT - New York Stock Exchange, Inc. - JE00BJJN4441 - Common Stock - Currency: USD
Taking everything into account, CLVT scores 3 out of 10 in our technical rating. In the past year, CLVT was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, CLVT is a bad performer in the overall market: 78% of all stocks are doing better.
In the last month CLVT has a been trading in the 4.04 - 4.54 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
CLVT has an average volume of 5994650 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
CLVT is an average performer in the Professional Services industry, it outperforms 49% of 82 stocks in the same industry.
CLVT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CLVT is lagging the market.
Although the technical rating is bad, CLVT does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 4.07, a Stop Loss order could be placed below this zone.
More info and screens
4.03
4.56
When analyzing the support we notice one important area.
- A support zone ranging from 4.07 to 4.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 4.32 to 4.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.51 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The long term trend for CLVT is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CLVT is up. |
| ChartMill Relative Strength | 22.59 | NEGATIVE | CLVT has a low relative strength, it was outperformed by 77.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CLVT is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CLVT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CLVT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.57 | NEUTRAL | The RSI value for CLVT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CLVT has a negative trend. |
| Stochastics (14,3) | 71.23 | NEUTRAL | The Stochastics value for CLVT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.62 | MEDIUM VOLATILITY | The ATR as a percentage value for CLVT suggests some volalility. |
| Average Directional Index/ADX (14) | 21.08 | NEUTRAL | The ADX value for CLVT 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)
4.29
-0.12 (-2.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg-2.72%
1 Week-1.15%
2 Weeks0.94%
1 Month-4.67%
3 Month3.87%
6 Month-16.05%
12 Month-20.7%
2 Year-54.98%
3 Year-69.05%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%3.62%
ATR Inc4.08%
Range Today0.12
ADR(20)0.15
ADR(20)%3.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.59
Mansfield-2.31
10 Day High4.55
10 Day Low4.06
20 Day High4.55
20 Day Low4.04
52 Week High7.15
52 Week Low3.04
CS1 End4.07
CR1 Start4.32
Volume & EV
DER(3)-3.03%
DER(5)-3.5%
Volume3.78M
Volume Incr-14.52%
Vol(5)4.51M
Vol(50)5.99M