CLARIVATE PLC (CLVT) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CLVT - JE00BJJN4441 - Common Stock
We assign a technical rating of 1 out of 10 to CLVT. CLVT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, CLVT does present a nice setup opportunity. Prices have been consolidating lately. We notice that large players showed an interest for CLVT 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
3.18
When analyzing the support we can see 3 important areas.
- Support @3.42 from a trend line in the daily time frame.
- A support zone ranging from 3.27 to 3.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.21 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 3.56 to 3.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 3.75 to 3.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.50 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 | DOWN | NEGATIVE | The short term trend for CLVT is down. |
| ChartMill Relative Strength | 15.21 | NEGATIVE | CLVT has a low relative strength, it was outperformed by 84.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CLVT is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CLVT is below a declining 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) | 48.44 | NEUTRAL | The RSI value for CLVT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CLVT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 37.61 | NEUTRAL | The Stochastics value for CLVT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.56 | MEDIUM VOLATILITY | The ATR as a percentage value for CLVT suggests some volalility. |
| Average Directional Index/ADX (14) | 15.19 | NEGATIVE | The low ADX value for CLVT suggests a weak or negative trend. |
3.54
-0.03 (-0.84%)
CLARIVATE PLC / CLVT FAQ
What is the technical rating for CLVT stock?
ChartMill assigns a technical rating of 1 / 10 to CLVT.
Can you provide the trend direction for CLARIVATE PLC?
The current trend direction for CLARIVATE PLC (CLVT) is Bearish.
Can you provide the RSI signal for CLARIVATE PLC?
CLARIVATE PLC (CLVT) has an RSI value of 48.4449. This indicates that the stock is currently neutral.
What is the MACD signal for CLVT stock?
The MACD indicator for CLARIVATE PLC (CLVT) has a value of -0.00922368, indicating a bearish trend.
What is the support and resistance level for CLVT stock?
CLARIVATE PLC (CLVT) has a support level at 3.42 and a resistance level at 3.56. Check the full technical report for our detailed analysis of CLVT support and resistance levels.