ClearSign Combustion Technical Analysis (NASDAQ:CLIR)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. The ClearSign Combustion stock price data and volume are plotted in CLIR stock charts and these trading charts form the basis of technical analysis.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for ClearSign Combustion. Technical analysis uses an approach for ClearSign Combustion stock analysis that does not care for the fair value of a company but uses price and volume data only.
ClearSign Combustion Moving Average
Moving averages show the CLIR stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. The 20 day moving average of $2.42 is below the last closing price of $2.48 and the 50 day moving average of $2.95 is above the last closing price of $2.48. The 10 and 20 day periods can predict short term moving average trends.
ClearSign Combustion Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like ClearSign Combustion. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. ClearSign Combustion bollinger bands show that the stock price is $2.48, upper band is 2.87, lower band is 1.97, and the average is 2.42.
ClearSign Combustion Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The ClearSign Combustion MACD line is below the signal line.
ClearSign Combustion Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. The relative strength index of CLIR stock is 59.15.