CLEARWATER ANALYTICS HDS-A (CWAN) Technical Analysis
NYSE:CWAN • US1851231068
Overall CWAN gets a technical rating of 2 out of 10. In the last year, CWAN was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
- 70% of all other stocks performed better in the past year than CWAN.
- CWAN is part of the Software industry. There are 277 other stocks in this industry. CWAN outperforms 78% of them.
- CWAN has an average volume of 11777600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- CWAN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CWAN is lagging the market slightly.
- In the last month CWAN has a been trading in a tight range between 22.62 and 23.75.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, CWAN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 23.14, a Stop Loss order could be placed below this zone.
More info and screens
16.19
We found 2 important support areas.
- A support zone ranging from 22.93 to 23.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @16.35 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 23.33 to 23.75. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 24.19 to 24.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @24.75 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 CWAN is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CWAN is down. |
| ChartMill Relative Strength | 30.33 | NEUTRAL | CWAN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CWAN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CWAN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CWAN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.51 | NEUTRAL | The RSI value for CWAN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests CWAN has a negative trend. |
| Stochastics (14,3) | 31.41 | NEUTRAL | The Stochastics value for CWAN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.2 | LOW VOLATILITY | The low ATR as a percentage value for CWAN suggests low volalility. |
| Average Directional Index/ADX (14) | 30.74 | POSITIVE | The high ADX value value for CWAN suggests a strong trend. |
CWAN Technicals: Chart, Performance Metrics, Trend & Indicators
23.15
-0.1 (-0.43%)
CLEARWATER ANALYTICS HDS-A / CWAN FAQ
What is the ChartMill technical rating of CLEARWATER ANALYTICS HDS-A (CWAN) stock?
ChartMill assigns a technical rating of 2 / 10 to CWAN.
What is the trend direction for CWAN stock?
The current trend direction for CLEARWATER ANALYTICS HDS-A (CWAN) is Bullish.
What is the RSI signal for CWAN stock?
CLEARWATER ANALYTICS HDS-A (CWAN) has an RSI value of 40.5139. This indicates that the stock is currently neutral.
What is the short term momentum for CWAN stock?
The short term momentum for CLEARWATER ANALYTICS HDS-A (CWAN) is negative.
Can you provide the buy/sell signal for CLEARWATER ANALYTICS HDS-A?
The buy/sell signal for CLEARWATER ANALYTICS HDS-A (CWAN) is hold as the short term and long term trends are mixed.