CLEARWATER PAPER CORP (CLW) Stock Technical Analysis
USA - NYSE:CLW - US18538R1032 - Common Stock
We assign a technical rating of 0 out of 10 to CLW. CLW's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, CLW does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
17.41
When analyzing the support we notice one important area.
- A support zone ranging from 17.59 to 17.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 19.81 to 20.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 22.96 to 23.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @26.65 from a horizontal line in the daily time frame.
- Resistance @30.00 from a trend 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 | 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 | 14.18 | NEGATIVE | CLW has a low relative strength, it was outperformed by 85.82% 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) | 42.07 | NEUTRAL | The RSI value for CLW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests CLW has a positive trend. |
| Stochastics (14,3) | 52.32 | NEUTRAL | The Stochastics value for CLW is a neutral value. |
| Average True Range in percent/ATR (20) | 4.37 | MEDIUM VOLATILITY | The ATR as a percentage value for CLW suggests some volalility. |
| Average Directional Index/ADX (14) | 23.33 | NEUTRAL | The ADX value for CLW suggests a possible start of a new trend. |
18.27
-0.28 (-1.51%)
CLEARWATER PAPER CORP / CLW FAQ
What is the ChartMill technical rating of CLEARWATER PAPER CORP (CLW) stock?
ChartMill assigns a technical rating of 0 / 10 to CLW.
Can you provide the trend direction for CLEARWATER PAPER CORP?
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 42.0674. This indicates that the stock is currently neutral.
What is the short term momentum for CLW stock?
The short term momentum for CLEARWATER PAPER CORP (CLW) is negative.
What is the buy/sell signal for CLEARWATER PAPER CORP (CLW) stock?
The buy/sell signal for CLEARWATER PAPER CORP (CLW) is sell as both the short term and long term trends are negative.