CLEANTECH ACQUISITION CORPCW (KITTW) Stock Technical Analysis
NASDAQ:KITTW - Nasdaq - - Currency: USD
We assign a technical rating of 6 out of 10 to KITTW. In the last year, KITTW was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
KITTW 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 short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, KITTW did better than 97% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
In the last month KITTW has a been trading in the 0.06 - 0.11 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
KITTW has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 0.07, a Stop Loss order could be placed below this zone.
More info and screens
0.06
0.13
2 important support areas can be observed.
- A support zone ranging from 0.07 to 0.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.06 to 0.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- 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 multiple time frames.
- A resistance zone ranging from 0.09 to 0.09. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.13 from a trend line in the weekly 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 KITTW is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for KITTW is neutral. |
| ChartMill Relative Strength | 97.1 | POSITIVE | KITTW has a high relative strength, it outperformed 97.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of KITTW is below the rising 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 | POSITIVE | The current price of KITTW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.47 | 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) | 32.79 | NEUTRAL | The Stochastics value for KITTW is a neutral value. |
| Average True Range in percent/ATR (20) | 25.04 | HIGH VOLATILITY | The high ATR as a percentage value for KITTW suggests high volalility. |
| Average Directional Index/ADX (14) | 29.45 | 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)
0.0746
-0.01 (-10.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-10.55%
1 Week-11.19%
2 Weeks3.32%
1 Month9.06%
3 Month-8.8%
6 Month-55.86%
12 Month225.76%
2 Year-67.57%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%25.04%
ATR Inc-40.71%
Range Today0.02
ADR(20)0.02
ADR(20)%24.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.1
Mansfield3.51
10 Day High0.11
10 Day Low0.07
20 Day High0.11
20 Day Low0.06
52 Week High0.27
52 Week Low0.01
CS1 End0.07
CR1 Start0.08
Volume & EV
DER(3)-15.4%
DER(5)-10%
Volume217.70K
Volume Incr178.84%
Vol(5)157.04K
Vol(50)72.60K