CLIMB BIO INC (CLYM) Stock Technical Analysis
USA - NASDAQ:CLYM - US28658R1068 - Common Stock
2.25 USD
-0.07 (-3.02%)
2.25 USD
0 (0%)
Taking everything into account, CLYM scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, CLYM is a bad performer.
100% of all other stocks performed better in the past year than CLYM.
CLYM is part of the Biotechnology industry. There are 538 other stocks in this industry, of which 92% are performing better than CLYM.
CLYM is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The long and short term trends are both positive. This is looking good!
In the last month CLYM has a been trading in the 1.98 - 2.55 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, CLYM does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
1.73
2.51
When analyzing the support we can see 3 important areas.
- Support @2.11 from a trend line in the daily time frame.
- A support zone ranging from 1.97 to 2.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.75 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @2.40 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 2.48 to 2.49. 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 | UP | POSITIVE | The long term trend for CLYM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CLYM is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | CLYM has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CLYM is below a declining 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) | DOWN | MIXED | The current price of CLYM is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.96 | NEUTRAL | The RSI value for CLYM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests CLYM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 54.97 | NEUTRAL | The Stochastics value for CLYM is a neutral value. |
| Average True Range in percent/ATR (20) | 7.4 | HIGH VOLATILITY | The high ATR as a percentage value for CLYM suggests high volalility. |
| Average Directional Index/ADX (14) | 27.62 | POSITIVE | The high ADX value value for CLYM suggests a strong 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 2.41 | 2.10 | 0.31 (12.86%) | 7.77% |
| An entry @2.41. This is a Buy Stop order right above the resistance zone. | An exit @2.10. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.31 points, which is 12.86%. | When investing 7.77% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
2.25
-0.07 (-3.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-3.02%
1 Week11.94%
2 Weeks-5.46%
1 Month-9.27%
3 Month90.68%
6 Month75.78%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%7.4%
ATR Inc-0.58%
Range Today0.13
ADR(20)0.16
ADR(20)%7.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High2.48
10 Day Low1.98
20 Day High2.55
20 Day Low1.98
52 Week High5.47
52 Week Low1.05
CS1 End2.11
CR1 Start2.4
Volume & EV
DER(3)0.67%
DER(5)2.26%
Volume283.20K
Volume Incr-3.29%
Vol(5)519.24K
Vol(50)552.96K