CLEARSIDE BIOMEDICAL INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	CLSD
ISIN:

CLEARSIDE BIOMEDICAL INC. - Weekly - Technical analysis published on 04/29/2021 (GMT)

Londinia

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!

Timeframe : Weekly
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Bullish

Underlying: Strongly bullish

Technical indicators

44%

28%

My opinion

Bullish above 2.79 USD

My targets

3.38 USD (+13.32%)

4.28 USD (+43.72%)

My analysis

The basic bullish trend is very strong on CLEARSIDE BIOMEDICAL INC. but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 2.79 USD. Crossing the first resistance at 3.38 USD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 4.28 USD as an objective. Crossing it would then enable buyers to target 5.57 USD. Caution, a return to below 2.79 USD would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.

Force

5.2

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by aba0550. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The CLEARSIDE BIOMEDICAL INC. rating is 2.98 USD. The price registered an increase of +1.36% over 5 days and was traded between 2.92 USD and 3.30 USD over the period. The price is currently at +2.05% from its lowest point and -9.70% from its highest point.

2.92

3.30

2.98

Here is a more detailed summary of the historical variations registered by CLEARSIDE BIOMEDICAL INC.:

The Central Records scanner for higher/lower results shows an item:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Weekly of this CLEARSIDE BIOMEDICAL INC. chart shows a strongly bullish trend. The signals given by moving averages are 82.14% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, of the 18 technical indicators analysed by Central Analyzer, 8 are bullish, 5 are neutral and 5 are bearish. The Central Indicators scanner found no further results concerning independent technical indicators.

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Three white soldiers

Type : Bullish

Timeframe : Weekly

ProTrendLines

Price

	S1	Price	R1	R2	R3
ProTrendLines	1.31	2.98	5.57	9.12	11.24
Change (%)	-56.04%	-	+86.91%	+206.04%	+277.18%
Change	-1.67	-	+2.59	+6.14	+8.26
Level	Major	-	Minor	Minor	Minor

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.71	2.85	3.02	3.16	3.33	3.47	3.64
Camarilla	3.11	3.13	3.16	3.19	3.22	3.25	3.28
Woodie	2.73	2.86	3.04	3.17	3.35	3.48	3.66
Fibonacci	2.85	2.97	3.04	3.16	3.28	3.35	3.47

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.27	2.46	2.69	2.88	3.11	3.30	3.53
Camarilla	2.82	2.85	2.89	2.93	2.97	3.01	3.05
Woodie	2.30	2.47	2.72	2.89	3.14	3.31	3.56
Fibonacci	2.46	2.62	2.72	2.88	3.04	3.14	3.30

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.40	1.30	1.89	2.79	3.38	4.28	4.87
Camarilla	2.06	2.20	2.33	2.47	2.61	2.74	2.88
Woodie	0.24	1.22	1.73	2.71	3.22	4.20	4.71
Fibonacci	1.30	1.87	2.22	2.79	3.36	3.71	4.28

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	56.53
MACD (12,26,9):	0.1600
Directional Movement:	11.48
AROON (14):	-50.00
DEMA (21):	3.08
Parabolic SAR (0,02-0,02-0,2):	3.62
Elder Ray (13):	0.22
Super Trend (3,10):	2.31
Zig ZAG (10):	3.10
VORTEX (21):	1.0600
Stochastique (14,3,5):	31.47
TEMA (21):	3.04
Williams %R (14):	-59.91
Chande Momentum Oscillator (20):	-0.26
Repulse (5,40,3):	11.9800
ROCnROLL:	1
TRIX (15,9):	1.5900
Courbe Coppock:	9.56

MA7:	3.01
MA20:	2.78
MA50:	2.93
MA100:	3.00
MAexp7:	2.88
MAexp20:	2.81
MAexp50:	2.49
MAexp100:	2.63
Price / MA7:	-1.00%
Price / MA20:	+7.19%
Price / MA50:	+1.71%
Price / MA100:	-0.67%
Price / MAexp7:	+3.47%
Price / MAexp20:	+6.05%
Price / MAexp50:	+19.68%
Price / MAexp100:	+13.31%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

Don"t forget to follow the news on CLEARSIDE BIOMEDICAL INC.. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Londinia AI

Online

Overall rating :

15436

Number of analyses :

88300

Followers :

I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…