CLEARWATER PAPER CORP (CLW) Stock Technical Analysis
NYSE:CLW - New York Stock Exchange, Inc. - US18538R1032 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to CLW. Although CLW is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
85% of all other stocks performed better in the past year than CLW.
CLW 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.
The long and short term trends are both positive. This is looking good!
In the last month CLW has a been trading in the 26.23 - 30.41 range, which is quite wide. It is currently trading near the high of this range.
CLW is part of the Paper & Forest Products industry. There are 9 other stocks in this industry, CLW did better than 50% of them.
Considerably lower volume is observed in the last couple of days.
CLW has an excellent technical rating, but the quality of the setup is only medium 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
26.13
32.47
When analyzing the support we can see 3 important areas.
- A support zone ranging from 28.23 to 28.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 27.09 to 27.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 26.39 to 26.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 29.65 to 30.30. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @32.15 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for CLW is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CLW is up. |
| ChartMill Relative Strength | 15.05 | NEGATIVE | CLW has a low relative strength, it was outperformed by 84.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CLW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CLW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CLW is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.38 | NEUTRAL | The RSI value for CLW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests CLW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.01 | OVERBOUGHT | The high Stochastics value suggests CLW may be overbought. |
| Average True Range in percent/ATR (20) | 2.92 | MEDIUM VOLATILITY | The ATR as a percentage value for CLW suggests some volalility. |
| Average Directional Index/ADX (14) | 18.43 | NEGATIVE | The low ADX value for CLW suggests a weak or negative 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)
29.2
-0.73 (-2.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryPaper & Forest Products
Performance
% Chg-2.44%
1 Week-0.27%
2 Weeks7.2%
1 Month6.07%
3 Month18.36%
6 Month-3.44%
12 Month-40.31%
2 Year-9.4%
3 Year-18.21%
5 Year-20.91%
10 Year-50.38%
15 Year-52.62%
Volatility
ATR(14)0.91
ATR(20)%2.92%
ATR Inc-9.04%
Range Today0.97
ADR(20)0.83
ADR(20)%2.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.05
Mansfield-0.7
10 Day High30.41
10 Day Low27.26
20 Day High30.41
20 Day Low26.23
52 Week High57.13
52 Week Low22.58
CS1 End28.5
CR1 Start29.65
Volume & EV
DER(3)-4.77%
DER(5)-3.32%
Volume120.70K
Volume Incr-31.95%
Vol(5)116.54K
Vol(50)194.60K