We assign a technical rating of 8 out of 10 to CLYM. In the last year, CLYM was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
Although CLYM has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
1.59
When analyzing the support we can see 2 important areas.
- A support zone ranging from 1.65 to 1.67. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @1.61 from a horizontal line 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 CLYM is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CLYM is up. |
| ChartMill Relative Strength | 86.68 | POSITIVE | CLYM has a high relative strength, it outperformed 86.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CLYM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CLYM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CLYM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 80.65 | OVERBOUGHT | The high RSI value suggests CLYM may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests CLYM has a positive trend. |
| Stochastics (14,3) | 90.98 | OVERBOUGHT | The high Stochastics value suggests CLYM may be overbought. |
| Average True Range in percent/ATR (20) | 5.64 | HIGH VOLATILITY | The high ATR as a percentage value for CLYM suggests high volalility. |
| Average Directional Index/ADX (14) | 18.02 | NEGATIVE | The low ADX value for CLYM suggests a weak or negative trend. |
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+0.7 (+30.43%)
CLIMB BIO INC / CLYM FAQ
What is the technical rating for CLYM stock?
ChartMill assigns a technical rating of 8 / 10 to CLYM.
What is the trend direction for CLYM stock?
The current trend direction for CLIMB BIO INC (CLYM) is Bearish.
What is the RSI signal for CLIMB BIO INC (CLYM) stock?
CLIMB BIO INC (CLYM) has an RSI value of 80.6515. This indicates that the stock is currently overbought.
Can you provide the short term momentum for CLIMB BIO INC?
The short term momentum for CLIMB BIO INC (CLYM) is positive.
Can you provide the support and resistance levels for CLIMB BIO INC?
CLIMB BIO INC (CLYM) has a support level at 1.67. Check the full technical report for our detailed analysis of CLYM support and resistance levels.