CLARIVATE PLC (CLVT) Technical Analysis
NYSE:CLVT • JE00BJJN4441
Current stock price
CLVT Technical Rating and Analysis
Taking everything into account, CLVT scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. CLVT was also a bad performer in the overall market in the last year.
- 84% of all other stocks performed better in the past year than CLVT.
- In the last month CLVT has a been trading in the 2.10 - 2.87 range, which is quite wide. It is currently trading near the high of this range.
- CLVT has an average volume of 7266470 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 part of the Professional Services industry. There are 86 other stocks in this industry, CLVT did better than 54% of them.
- 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.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
CLVT Weekly and Daily overview Charts
CLVT Setup Rating and Analysis
CLVT has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
CLVT Support and Resistance Analysis
2.27
When analyzing the support we notice one important area.
- Support @2.29 from a trend line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 2.74 to 2.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.86 from a trend line in the weekly time frame.
- Resistance @3.08 from a trend line in the weekly time frame.
CLVT 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 CLVT is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CLVT is up. |
| ChartMill Relative Strength | 16.69 | NEGATIVE | CLVT has a low relative strength, it was outperformed by 83.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CLVT is above the rising 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) | 61.79 | NEUTRAL | The RSI value for CLVT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests CLVT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.08 | OVERBOUGHT | The high Stochastics value suggests CLVT may be overbought. |
| Average True Range in percent/ATR (20) | 5.95 | HIGH VOLATILITY | The high ATR as a percentage value for CLVT suggests high volalility. |
| Average Directional Index/ADX (14) | 18.93 | NEGATIVE | The low ADX value for CLVT suggests a weak or negative trend. |
CLVT Chart- and CandleStick Pattern Analysis
CLVT Technicals: Chart, Performance Metrics, Trend & Indicators
2.73
0 (0%)
CLARIVATE PLC / CLVT TA FAQ
What is the technical rating for CLVT stock?
ChartMill assigns a technical rating of 4 / 10 to CLVT.
What is the trend direction for CLVT stock?
The current trend direction for CLARIVATE PLC (CLVT) is Bearish.
What is the RSI signal for CLVT stock?
CLARIVATE PLC (CLVT) has an RSI value of 61.7934. 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 0.0443062, indicating a bearish trend.
Can you provide the short term momentum for CLARIVATE PLC?
The short term momentum for CLARIVATE PLC (CLVT) is positive.