CLOUGH HEDGED EQUITY ETF (CBLS) Stock Technical Analysis
NYSEARCA:CBLS - NYSE Arca - US2103228068 - ETF - Currency: USD
We assign a technical rating of 7 out of 10 to CBLS. In the last year, CBLS was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
Warning: CBLS has an average volume of 4714 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month CBLS has a been trading in the 24.37 - 26.93 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, CBLS did better than 79% of all other stocks. On top of that, CBLS also shows a nice and consistent pattern of rising prices. However, we also see that CBLS couldn't keep up this performance in the last couple of months.
CBLS is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Considerably lower volume is observed in the last couple of days.
Although CBLS has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
23.91
29.05
When analyzing the support we can see 3 important areas.
- Strong support @26.84 from a horizontal line in the daily time frame.
- A support zone ranging from 25.78 to 26.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 24.15 to 24.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @28.26 from a horizontal line in the weekly time frame.
- Resistance @28.76 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.77
Mansfield0.63
10 Day High26.93
10 Day Low25.73
20 Day High26.93
20 Day Low24.37
52 Week High28.83
52 Week Low22.96
Performance
1 Week3.1%
2 Weeks7.1%
1 Month2.19%
3 Month-4.68%
6 Month5.85%
12 Month16.14%
2 Year31.63%
3 Year27.91%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.2
RSI(14)62.8
LBB24.31
UBB27.24
NYSEARCA:CBLS (4/25/2025, 8:04:01 PM)
26.9296
+0.2 (+0.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.74%
1 Week3.1%
2 Weeks7.1%
1 Month2.19%
3 Month-4.68%
6 Month5.85%
12 Month16.14%
2 Year31.63%
3 Year27.91%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.31
ATR(20)%1.23%
ATR Inc-44.52%
Range Today0.15
ADR(20)0.13
ADR(20)%0.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.77
Mansfield0.63
10 Day High26.93
10 Day Low25.73
20 Day High26.93
20 Day Low24.37
52 Week High28.83
52 Week Low22.96
CS1 End26.84
CR1 Start28.26
Volume & EV
DER(3)0%
DER(5)-18.15%
Volume300
Volume Incr-81.6%
Vol(5)1.40K
Vol(50)4.71K