Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best
Currently, ClearSign Combustion stock doesn't match any of these trading strategies, so our recommendation is not to buy now. This doesn't mean CLIR will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems
When is it time to sell ClearSign Combustion?. In the same way as when we have to buy shares, determining when is the best time to sell is not a whimsy decision, and we must adhere our own trading strategy. When selling, as well as buying, detailed setups are very simple to use but are only valid for selling shares in your porfolio, not for selling short ClearSign Combustion stock
As a golden rule, you must never mantain a trade that leads to greater losses than those expected upon the buy. The timing to sell shares should always be dictated by the stop-loss (automatic or manual)
In the current situation of ClearSign Combustion there is not any eligible sell setup, so ClearSign Combustion stock holders with operations in green can keep their positions
Brokerage firms and financial institutions post stock ratings based on their views of the market and the fundamental and technical situation of the analyzed stock. Unfortunately, the accuracy of these predictions is not very high, and certainly not a direct buy or sell signal
We don't have any rating published in the previous month for ClearSign Combustion
A favorite tool of many trading systems are the moving averages, that easily show market direction. A moving average is the average price of a stock over a set period of time. Moving averages are usually calculated on different periods depending on the trading timeframe 21, 50, 100 and 200 days are the most usual moving averages. Further about Moving Averages from sources like Wikipedia and Investopedia
Market investors use support and resistance levels as a way to find price points on a chart that may behave as barriers, preventing the price of shares to move in certain direction. A support level is a level where the price may find support as it falls. This means that the price is more likely to "bounce off" this level rather than break through it. Nevertheless, if the price breaks down this level, it is likely to continue falling until approaching another support level. On the contrary, a resistance level is where the price tends to find resistance as it moves up. Again, the price is more likely to "bounce off" at this level, and if it finally ruptures this level, it will rally easily until it meets the next resistance
The current resistance levels are:
The current supports are:
So-called Bollinger bands are a well-established studio created by John Bollinger. It comprises three bands that are drawn superimposed on the price evolution chart:
Since the price surpassed the upper band on Wednesday, the price dropped by 24.75%
The Relative Strength Index is an oscillator-type indicator that measures price changes to spot when the share or financial asset is overbought or oversold. Oscillator indicators, such as relative strength, are intended to indicate values in the range of 0-100. The relative strength indicator is one of the best known and most widely used indicators, invented by J. Welles Wilder in the late 1970s
The RSI dropped below the overbought level of 70 on Wednesday after just crossing to the overbough zone for 1 day (weak signal). The RSI reading yesterday was 51.81
ClearSign Combustion Corporation (CLIR) reported adjusted EPS for the fiscal second-quarter that met Wall St. expectations. Quarterly EPS was $0.00 per share versus $0.00. The company reported turnover for this quarter was $0.00 consistent with the market forecasts as well.
In comparison, the EPS for the same quarter last year was $-0.09, so reported EPS is a improvement of 100%. Looking at turnover, figures skyrocketed a 103.85% compared to $2,600,000 same quarter last year.
CLIR will host the quarterly earnings call on mid next September. Market analysts analysts expect an Earnings per Share of $0.00, that is a 0% than previous quarter. Earnings reporting day has a more than usual risk for investors as the results provided can gap up or down the stock price with lower volume and not honouring your buy/stop-loss orders. Check company's website to confirm time and details about the earnings call and the earnings report.