CLEARONE INC (CLRO) Stock Technical Analysis
NASDAQ:CLRO - Nasdaq - US18506U1043 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to CLRO. CLRO 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.
CLRO is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CLRO is lagging the market.
In the last month CLRO has a been trading in the 0.45 - 0.84 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
CLRO has an average volume of 1226890 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the yearly performance of all stocks, we notice that CLRO is one of the better performing stocks in the market, outperforming 81% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
CLRO is an average performer in the Communications Equipment industry, it outperforms 56% of 51 stocks in the same industry.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
CLRO has an average technical rating and it also does not offer a high quality setup 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
0.47
1.19
When analyzing the support we notice one important area.
- Support @0.47 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @1.18 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.43
Mansfield-0.1
10 Day High0.84
10 Day Low0.49
20 Day High0.84
20 Day Low0.45
52 Week High2.48
52 Week Low0.45
Performance
1 Week56.37%
2 Weeks63.29%
1 Month45.76%
3 Month31.71%
6 Month43.74%
12 Month-13.72%
2 Year-47.68%
3 Year-13.43%
5 Year-52.98%
10 Year-92.59%
15 Year-73.84%
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)0.02
RSI(14)72.48
LBB0.37
UBB0.68
0.79
+0.27 (+52.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg52.8%
1 Week56.37%
2 Weeks63.29%
1 Month45.76%
3 Month31.71%
6 Month43.74%
12 Month-13.72%
2 Year-47.68%
3 Year-13.43%
5 Year-52.98%
10 Year-92.59%
15 Year-73.84%
Volatility
ATR(14)0.06
ATR(20)%6.83%
ATR Inc375.75%
Range Today0.28
ADR(20)0.05
ADR(20)%6.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.43
Mansfield-0.1
10 Day High0.84
10 Day Low0.49
20 Day High0.84
20 Day Low0.45
52 Week High2.48
52 Week Low0.45
CS1 End0.47
CR1 Start1.18
Volume & EV
DER(3)-8.11%
DER(5)-7.85%
Volume33.44M
Volume Incr6646.43%
Vol(5)7.30M
Vol(50)1.23M