CLEARONE INC (CLRO)

US18506U1043 - Common Stock

0.473  -0.02 (-3.47%)

After market: 0.452 -0.02 (-4.44%)

Technical Rating and Analysis

0

Overall CLRO gets a technical rating of 0 out of 10. 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.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
92% of all other stocks performed better in the past year than CLRO.
CLRO is one of the lesser performing stocks in the Communications Equipment industry. 88% of 51 stocks in the same industry do better.
CLRO is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month CLRO has a been trading in the 0.46 - 0.59 range, which is quite wide. It is currently trading near the lows of this range.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
CLRO Weekly chart
CLRO Daily chart
Setup Rating and Analysis

3

The technical rating of CLRO is bad and it also does not present a quality setup 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.

Support and Resistance Analysis

0.47

0.53

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 0.50 to 0.50. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @0.52 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.91
Mansfield-5.08
10 Day High0.58
10 Day Low0.46
20 Day High0.59
20 Day Low0.46
52 Week High2.48
52 Week Low0.46
Performance
1 Week-3.47%
2 Weeks-13.97%
1 Month-16.31%
3 Month-18.84%
6 Month-37.36%
12 Month-42.46%
2 Year-38.06%
3 Year-65.97%
5 Year-72.26%
10 Year-94.95%
15 Year-82.15%
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)29.62
LBB0.45
UBB0.59
CLRO Daily chart

CLEARONE INC

NASDAQ:CLRO (11/26/2024, 6:25:56 PM)

After market: 0.452 -0.02 (-4.44%)

0.473

-0.02 (-3.47%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg-3.47%
1 Week-3.47%
2 Weeks-13.97%
1 Month-16.31%
3 Month-18.84%
6 Month-37.36%
12 Month-42.46%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.04
ATR(20)%6.99%
ATR Inc
Range Today0.06
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High0.58
10 Day Low0.46
20 Day High0.59
20 Day Low0.46
52 Week High2.48
52 Week Low0.46
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.26M
Volume Incr4437.09%
Vol(5)1.11M
Vol(50)127.11K