Country Icon

ClearOne Communications Inc. (CLRO) - Buy, Sell or Hold?

Sector: Technology   Sub-Sector: Radio And Television Broadcasting And Communications Equipment
Trade DateCurrent Candlestick PatternPrevious Candlestick PatternWhenPerformance Since
Tue, 28 Nov 2017DojiDojiFri, 24 Nov 2017-0.71%
***Stock database and scans are updated around midnight (New York time) every trading day.
7.00 0.00 (0%) Nov 28 4:00pm EDT
Open: 7.00 Range: 7.00 - 7.05 Vol: 108.43K Avg Vol: 14.72K
EPS: -0.13 P/E ratio: 0.00 EBITDA: 921000.00 Mkt Cap: 62.42M
Analyze "CLRO" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Down
Last Trade is below the 5 day moving average at 7.01
Medium Term: Trading is Range Bound
Last Trade is below the 20 day moving average at 7.00
Last Trade is below the 50 day moving average at 7.28
Long Term: Trend is Down
Last Trade is below the 200 day moving average at 9.09
* Data normalized for Splits & Dividends. Report data issues
How to use this info: Stock Timing With Moving Averages
Daily Chart of CLRO

Stock Trend Analysis - Buy, Sell or Hold "ClearOne Communications Inc." (CLRO)?

CLRO is in a very strong downtrend. For the last 52 weeks, CLRO has maintained to stay firmly below the 200 day moving average for 83% of the time. Rallies will be sold into until the downtrend reverses. The medium term trend for CLRO is also extremely bearish and weak, having traded almost 88% of the time below the 50 day moving average. The 20 day moving average is also indicating a very strong downtrend as CLRO has been trading below its 20 SMA for 92.5% of the time in the last 8 weeks. CLRO may be overdue for a relief rally but it has to be noted that as CLRO is still in a strong downtrend characterized by the 200 SMA, currently at 9.09, the most likely scenario is that rallies will be sold into until the 200 SMA is convincingly taken out. Click here for the latest support & resistance levels to help you finetune your entry into or exit out of "CLRO".

The analyst consensus estimates for the 1 year price target for this stock is $11.38* (*source: Yahoo Finance).

Objective Technical Analysis by BannRonn TA LogicEngine ver 1.1. Last Updated - Tue, 28 Nov 2017
Technology Stocks Above 200 Day Moving-Average
TickerNameTrend AnalysisSupport/Resistance
ATVIActivision Blizzard, IncBuy, Sell or HoldTrading Levels & Pivots
OPNTOPNET Technologies Inc.Buy, Sell or HoldTrading Levels & Pivots
ERICLM Ericsson Telephone CompanyBuy, Sell or HoldTrading Levels & Pivots
DSGXThe Descartes Systems Group Inc.Buy, Sell or HoldTrading Levels & Pivots
BIDUBaidu, Inc.Buy, Sell or HoldTrading Levels & Pivots
GSITGSI Technology, Inc.Buy, Sell or HoldTrading Levels & Pivots
PDFSPDF Solutions, Inc.Buy, Sell or HoldTrading Levels & Pivots
LOGILogitech International S.A.Buy, Sell or HoldTrading Levels & Pivots
CERNCerner CorporationBuy, Sell or HoldTrading Levels & Pivots
ANSSANSYS, Inc.Buy, Sell or HoldTrading Levels & Pivots