CLEARWATER PAPER CORP (CLW) Technical Analysis
NYSE:CLW • US18538R1032
Current stock price
CLW Technical Rating and Analysis
Taking everything into account, CLW scores 0 out of 10 in our technical rating. CLW scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, CLW is a bad performer in the overall market: 93% of all stocks are doing better.
- CLW is one of the lesser performing stocks in the Paper & Forest Products industry. 62% of 9 stocks in the same industry do better.
- CLW is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so CLW is lagging the market.
- In the last month CLW has a been trading in the 12.44 - 15.46 range, which is quite wide. It is currently trading near the lows of this range.
CLW Weekly and Daily overview Charts
CLW Setup Rating and Analysis
The technical rating of CLW is bad and it also does not present a 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
CLW Support and Resistance Analysis
12.32
3 important resistance areas can be observed.
- Resistance @14.87 from a trend line in the daily time frame.
- Resistance @16.76 from a trend line in the daily time frame.
- Resistance @19.96 from a horizontal line in the daily time frame.
CLW 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 CLW is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CLW is down. |
| ChartMill Relative Strength | 7.89 | NEGATIVE | CLW has a low relative strength, it was outperformed by 92.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CLW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CLW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CLW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 24.76 | OVERSOLD | The low RSI value suggests CLW may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests CLW has a negative trend. |
| Stochastics (14,3) | 6.97 | OVERSOLD | The low Stochastics value suggests CLW may be oversold. |
| Average True Range in percent/ATR (20) | 5.31 | HIGH VOLATILITY | The high ATR as a percentage value for CLW suggests high volalility. |
| Average Directional Index/ADX (14) | 34.94 | POSITIVE | The high ADX value value for CLW suggests a strong trend. |
CLW Chart- and CandleStick Pattern Analysis
CLW Technicals: Chart, Performance Metrics, Trend & Indicators
12.44
-0.49 (-3.79%)
CLEARWATER PAPER CORP / CLW TA FAQ
What is the ChartMill technical rating of CLEARWATER PAPER CORP (CLW) stock?
ChartMill assigns a technical rating of 0 / 10 to CLW.
What is the current trend direction of CLEARWATER PAPER CORP (CLW) stock?
The current trend direction for CLEARWATER PAPER CORP (CLW) is Bearish.
Can you provide the RSI signal for CLEARWATER PAPER CORP?
CLEARWATER PAPER CORP (CLW) has an RSI value of 24.7622. This indicates that the stock is currently oversold.
What is the MACD signal for CLEARWATER PAPER CORP (CLW) stock?
The MACD indicator for CLEARWATER PAPER CORP (CLW) has a value of -0.0630432, indicating a bearish trend.
What is the support and resistance level for CLW stock?
CLEARWATER PAPER CORP (CLW) has a resistance level at 14.87. Check the full technical report for our detailed analysis of CLW support and resistance levels.