CLEANTECH ACQUISITION CORPCW (KITTW) Stock Technical Analysis
NASDAQ:KITTW - Nasdaq - - Currency: USD
Overall KITTW gets a technical rating of 2 out of 10. Although KITTW is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
KITTW is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so KITTW is lagging the market.
In the last month KITTW has a been trading in the 0.05 - 0.13 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Looking at the yearly performance, KITTW did better than 94% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
KITTW has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately.
More info and screens
0.06
0.11
2 important resistance areas can be observed.
- A resistance zone ranging from 0.08 to 0.08. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.11 from a trend 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 KITTW is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for KITTW is down. |
| ChartMill Relative Strength | 94.06 | POSITIVE | KITTW has a high relative strength, it outperformed 94.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of KITTW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of KITTW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of KITTW is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 35.75 | NEUTRAL | The RSI value for KITTW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests KITTW has a negative trend. |
| Stochastics (14,3) | 12.36 | OVERSOLD | The low Stochastics value suggests KITTW may be oversold. |
| Average True Range in percent/ATR (20) | 32.56 | HIGH VOLATILITY | The high ATR as a percentage value for KITTW suggests high volalility. |
| Average Directional Index/ADX (14) | 30.87 | POSITIVE | The high ADX value value for KITTW 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)
0.057
-0.01 (-11.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-11.08%
1 Week-36.31%
2 Weeks-35.45%
1 Month-32.14%
3 Month-20.61%
6 Month-25%
12 Month138.49%
2 Year-74.29%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%32.56%
ATR Inc-0.44%
Range Today0.02
ADR(20)0.02
ADR(20)%32.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.06
Mansfield-0.17
10 Day High0.11
10 Day Low0.05
20 Day High0.13
20 Day Low0.05
52 Week High0.27
52 Week Low0.01
CS1 EndN/A
CR1 Start0.08
Volume & EV
DER(3)0.67%
DER(5)-6.58%
Volume22.80K
Volume Incr14.87%
Vol(5)160.30K
Vol(50)104.70K