CLIMB BIO INC (CLYM) Stock Technical Analysis
USA - NASDAQ:CLYM - US28658R1068 - Common Stock
Taking everything into account, CLYM scores 4 out of 10 in our technical rating. CLYM was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
CLYM has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 1.80, a Stop Loss order could be placed below this zone.
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1.25
We found 4 important support areas.
- A support zone ranging from 1.78 to 1.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.65 from a horizontal line in the daily time frame.
- Support @1.61 from a horizontal line in the daily time frame.
- Support @1.26 from a trend line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @2.06 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 2.11 to 2.11. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @2.27 from a trend line in the daily time frame.
- Resistance @2.32 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 | UP | POSITIVE | The long term trend for CLYM is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CLYM is neutral. |
| ChartMill Relative Strength | 13.75 | NEGATIVE | CLYM has a low relative strength, it was outperformed by 86.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CLYM is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CLYM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CLYM is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.66 | NEUTRAL | The RSI value for CLYM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CLYM has a negative trend. |
| Stochastics (14,3) | 25.79 | NEUTRAL | The Stochastics value for CLYM is a neutral value. |
| Average True Range in percent/ATR (20) | 10.58 | HIGH VOLATILITY | The high ATR as a percentage value for CLYM suggests high volalility. |
| Average Directional Index/ADX (14) | 16.6 | NEGATIVE | The low ADX value for CLYM suggests a weak or negative trend. |
1.88
-0.12 (-6%)
CLIMB BIO INC / CLYM FAQ
What is the technical rating for CLYM stock?
ChartMill assigns a technical rating of 4 / 10 to CLYM.
What is the trend direction for CLYM stock?
The current trend direction for CLIMB BIO INC (CLYM) is Bullish.
What is the RSI signal for CLIMB BIO INC (CLYM) stock?
CLIMB BIO INC (CLYM) has an RSI value of 43.6602. This indicates that the stock is currently neutral.
Can you provide the short term momentum for CLIMB BIO INC?
The short term momentum for CLIMB BIO INC (CLYM) is neutral.
Can you provide the support and resistance levels for CLIMB BIO INC?
CLIMB BIO INC (CLYM) has a support level at 1.8 and a resistance level at 2.06. Check the full technical report for our detailed analysis of CLYM support and resistance levels.