CLEARWATER PAPER CORP (CLW) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CLW - US18538R1032 - Common Stock
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.
Although the technical rating is bad, CLW does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 18.27. Right above this resistance zone may be a good entry point.
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17.79
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 18.27 to 18.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @19.96 from a horizontal line in the daily time frame.
- Resistance @21.61 from a trend line in the weekly time frame.
- Resistance @22.96 from a horizontal line in the daily time frame.
- Resistance @29.84 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 | 12.27 | NEGATIVE | CLW has a low relative strength, it was outperformed by 87.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CLW is above 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) | 48.25 | 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. |
| Stochastics (14,3) | 61.29 | NEUTRAL | The Stochastics value for CLW is a neutral value. |
| Average True Range in percent/ATR (20) | 3.94 | MEDIUM VOLATILITY | The ATR as a percentage value for CLW suggests some volalility. |
| Average Directional Index/ADX (14) | 17.67 | NEGATIVE | The low ADX value for CLW suggests a weak or negative trend. |
17.97
+0.36 (+2.04%)
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 48.2506. 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.