CLEARWATER PAPER CORP (CLW) Stock Technical Analysis
NYSE:CLW - New York Stock Exchange, Inc. - US18538R1032 - Common Stock - Currency: USD
Taking everything into account, CLW scores 0 out of 10 in our technical rating. 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.
When comparing the yearly performance of all stocks, CLW is a bad performer in the overall market: 92% of all stocks are doing better.
CLW is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month CLW has a been trading in the 21.93 - 30.96 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
CLW is an average performer in the Paper & Forest Products industry, it outperforms 62% of 9 stocks in the same industry.
The technical rating of CLW is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
21.90
31.07
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 26.65 to 26.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 30.30 to 30.76. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for CLW is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CLW is down. |
| ChartMill Relative Strength | 8 | NEGATIVE | CLW has a low relative strength, it was outperformed by 92% 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) | 25.01 | OVERSOLD | The low RSI value suggests CLW may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.91 | NEGATIVE | The MACD value suggests CLW has a negative trend. |
| Stochastics (14,3) | 3.93 | OVERSOLD | The low Stochastics value suggests CLW may be oversold. |
| Average True Range in percent/ATR (20) | 5.12 | HIGH VOLATILITY | The high ATR as a percentage value for CLW suggests high volalility. |
| Average Directional Index/ADX (14) | 24.08 | NEUTRAL | The ADX value for CLW suggests a possible start of a new 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)
22.12
-0.13 (-0.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryPaper & Forest Products
Performance
% Chg-0.58%
1 Week-24.99%
2 Weeks-21.75%
1 Month-25.82%
3 Month-18.38%
6 Month-28.55%
12 Month-32.15%
2 Year-42.23%
3 Year-48%
5 Year-34.28%
10 Year-60.54%
15 Year-67.45%
Volatility
ATR(14)1.29
ATR(20)%5.12%
ATR Inc-46.16%
Range Today0.78
ADR(20)1.05
ADR(20)%4.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8
Mansfield-2.65
10 Day High30.96
10 Day Low21.94
20 Day High30.96
20 Day Low21.94
52 Week High35.38
52 Week Low21.94
CS1 EndN/A
CR1 Start26.65
Volume & EV
DER(3)2.76%
DER(5)-0.55%
Volume265.30K
Volume Incr274.68%
Vol(5)575.72K
Vol(50)212.73K