CLEARONE INC (CLRO) Stock Technical Analysis
NASDAQ:CLRO - Nasdaq - US18506U1043 - Common Stock - Currency: USD
Taking everything into account, CLRO scores 1 out of 10 in our technical rating. CLRO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, CLRO is a bad performer in the overall market: 80% of all stocks are doing better.
CLRO is one of the lesser performing stocks in the Communications Equipment industry. 79% of 49 stocks in the same industry do better.
CLRO is currently trading near the lower end of its 52 week range, which is not a good sign. CLRO is lagging the S&P500 Index which is trading in the middle of its 52 week range.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month CLRO has a been trading in the 0.43 - 0.66 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CLRO has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
0.49
0.57
We found 1 important support area.
- Support @0.49 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 0.56 to 0.56. 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
CRS20.43
Mansfield-1.24
10 Day High0.59
10 Day Low0.45
20 Day High0.66
20 Day Low0.43
52 Week High1.4
52 Week Low0.43
Performance
1 Week10.62%
2 Weeks9.8%
1 Month-17.51%
3 Month-7.34%
6 Month-5.38%
12 Month-39.92%
2 Year-57.11%
3 Year-25.31%
5 Year-67.71%
10 Year-95.67%
15 Year-82.46%
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)0.01
RSI(14)52.84
LBB0.45
UBB0.54
0.549
+0.02 (+3.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg3.1%
1 Week10.62%
2 Weeks9.8%
1 Month-17.51%
3 Month-7.34%
6 Month-5.38%
12 Month-39.92%
2 Year-57.11%
3 Year-25.31%
5 Year-67.71%
10 Year-95.67%
15 Year-82.46%
Volatility
ATR(14)0.05
ATR(20)%11.33%
ATR Inc-7.57%
Range Today0.05
ADR(20)0.06
ADR(20)%11.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.43
Mansfield-1.24
10 Day High0.59
10 Day Low0.45
20 Day High0.66
20 Day Low0.43
52 Week High1.4
52 Week Low0.43
CS1 End0.49
CR1 Start0.56
Volume & EV
DER(3)1.27%
DER(5)-0.47%
Volume35.10K
Volume Incr-46.63%
Vol(5)31.44K
Vol(50)837.73K