CLOUGH HEDGED EQUITY ETF (CBLS) Stock Technical Analysis
NYSEARCA:CBLS - NYSE Arca - US2103228068 - ETF - Currency: USD
Taking everything into account, CBLS scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CBLS is showing a nice and steady performance.
Warning: CBLS has an average volume of 6894 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that CBLS is one of the better performing stocks in the market, outperforming 82% of all stocks. On top of that, CBLS also shows a nice and consistent pattern of rising prices.
CBLS is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CBLS is lagging the market slightly.
In the last month CBLS has a been trading in the 26.07 - 28.51 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
CBLS has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
23.90
29.05
When analyzing the support we can see 3 important areas.
- A support zone ranging from 26.31 to 27.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @25.82 from a horizontal line in the daily time frame.
- A support zone ranging from 24.14 to 24.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- 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
CRS82.27
Mansfield0.13
10 Day High28.21
10 Day Low27.25
20 Day High28.51
20 Day Low26.07
52 Week High28.83
52 Week Low21.99
Performance
1 Week-0.64%
2 Weeks1.42%
1 Month-2.79%
3 Month3.35%
6 Month8.5%
12 Month26.11%
2 Year28.62%
3 Year17.46%
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)0.04
RSI(14)54.12
LBB26.76
UBB28.29
NYSEARCA:CBLS (2/21/2025, 8:05:37 PM)
27.6746
-0.28 (-0.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.99%
1 Week-0.64%
2 Weeks1.42%
1 Month-2.79%
3 Month3.35%
6 Month8.5%
12 Month26.11%
2 Year28.62%
3 Year17.46%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%1.24%
ATR Inc25.17%
Range Today0.54
ADR(20)0.21
ADR(20)%0.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.27
Mansfield0.13
10 Day High28.21
10 Day Low27.25
20 Day High28.51
20 Day Low26.07
52 Week High28.83
52 Week Low21.99
CS1 End27.33
CR1 Start28.76
Volume & EV
DER(3)0%
DER(5)0%
Volume5.20K
Volume Incr-80.05%
Vol(5)1.20K
Vol(50)6.89K