CLPS INC (CLPS) Stock Technical Analysis
NASDAQ:CLPS - Nasdaq - KYG316421042 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to CLPS. CLPS has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Warning: CLPS has an average volume of 21916 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 CLPS is one of the better performing stocks in the market, outperforming 86% of all stocks. On top of that, CLPS also shows a nice and consistent pattern of rising prices.
In the last month CLPS has a been trading in the 1.12 - 1.36 range, which is quite wide. It is currently trading near the high of this range.
CLPS is part of the IT Services industry. There are 82 other stocks in this industry, CLPS did better than 69% of them.
CLPS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CLPS is lagging the market.
Volume is considerably higher in the last couple of days.
CLPS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 1.32. Right above this resistance zone may be a good entry point. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
1.07
1.38
3 important support areas can be observed.
- A support zone ranging from 1.20 to 1.20. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.16 from a trend line in the daily time frame.
- A support zone ranging from 1.08 to 1.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 1.32 to 1.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.29
Mansfield0.84
10 Day High1.36
10 Day Low1.19
20 Day High1.36
20 Day Low1.12
52 Week High1.7
52 Week Low0.68
Performance
1 Week-2.31%
2 Weeks0%
1 Month0.79%
3 Month14.41%
6 Month19.81%
12 Month27%
2 Year-5.93%
3 Year-41.47%
5 Year-47.95%
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
RSI(14)50.44
LBB1.23
UBB1.37
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.38 | 1.19 | 0.19 (13.77%) | 7.26% |
| An entry @1.38. This is a Buy Stop order right above the resistance zone. | An exit @1.19. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.19 points, which is 13.77%. | For a 1.00% total portfolio risk, you can invest 7.26% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:CLPS (2/21/2025, 8:10:02 PM)
1.27
-0.08 (-5.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-5.93%
1 Week-2.31%
2 Weeks0%
1 Month0.79%
3 Month14.41%
6 Month19.81%
12 Month27%
2 Year-5.93%
3 Year-41.47%
5 Year-47.95%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%6.8%
ATR Inc16.14%
Range Today0.09
ADR(20)0.08
ADR(20)%6.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.29
Mansfield0.84
10 Day High1.36
10 Day Low1.19
20 Day High1.36
20 Day Low1.12
52 Week High1.7
52 Week Low0.68
CS1 End1.2
CR1 Start1.32
Volume & EV
DER(3)-18.57%
DER(5)-19.37%
Volume50.50K
Volume Incr100.37%
Vol(5)43.06K
Vol(50)21.92K