CLEARWATER ANALYTICS HDS-A (CWAN) Stock Technical Analysis
NYSE:CWAN • US1851231068
We assign a technical rating of 5 out of 10 to CWAN. In the last year, CWAN was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- CWAN is part of the Software industry. There are 276 other stocks in this industry. CWAN outperforms 83% of them.
- CWAN has an average volume of 14109000 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.
- When comparing the performance of all stocks over the past year, CWAN turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
- CWAN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CWAN is lagging the market.
- In the last month CWAN has a been trading in a tight range between 23.11 and 24.39.
- Considerably lower volume is observed in the last couple of days.
CWAN has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
16.19
When analyzing the support we can see 2 important areas.
- A support zone ranging from 22.90 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 one important area.
- A resistance zone ranging from 23.39 to 24.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | 49.9 | 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) | UP | MIXED | The current price of CWAN is below the rising 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) | 35.58 | NEUTRAL | The RSI value for CWAN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests CWAN has a negative trend. |
| Stochastics (14,3) | 21.56 | NEUTRAL | The Stochastics value for CWAN is a neutral value. |
| Average True Range in percent/ATR (20) | 0.93 | LOW VOLATILITY | The low ATR as a percentage value for CWAN suggests low volalility. |
| Average Directional Index/ADX (14) | 34.04 | POSITIVE | The high ADX value value for CWAN suggests a strong trend. |
23.15
-0.32 (-1.36%)
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 5 / 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 35.5809. 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.