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CLSD - Clearside BioMedical, Inc

Thu 22'nd Mar 2018

PERIOD 2017-12-26 - 2018-03-22
CHANGE -3.62%
PRICE $11.72





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Clearside BioMedical, Inc Stock Analysis

Technical stock analysis for Thu 22'nd Mar 2018

Buy candidate since 2018-03-01 Gain 66.71%

Clearside BioMedical, Inc fell by -3.62% in the last day from $12.16 to $11.72 The price has fallen in 7 of the last 10 days and is down by -9.85% for this period. Volume fell in the last day along with the stock, which is actually a good sign as volume should follow the stock. In the last day the trading volume fell by -14 416 shares and in total 921 419 shares bought and sold for approximately $10.80 million.

Shorts 4.88% ( 2018-02-28 )
Cash 196.1 mill
Loans 23.4 mill
Beta -7.50
ROA -85.94


Clearside BioMedical, Inc lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 60.07% during the next 3 months and, with 90% probability hold a price between $13.76 and $24.58 at the end of this period.

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Clearside BioMedical, Inc holds a sales signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock. On further gains, the stock will meet resistance from the short-term moving average at approximately $11.88. On a fall, the stock will find some support from the long-term average at approximately $8.62. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sales signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sales signal was issued from a pivot top point on Wednesday March 07, 2018, which indicates further falls until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

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Relative Strength Index (RSI)

RSI14 is 69 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

On the downside, the stock finds support just below today's level from accumulated volume at $10.33. On the upside the stock meets some resistance from accumulated volume at $12.95, $13.00 and $14.28.

With no support from accumulated volume below today's level the risk is increased, as a drop below the support at $ may give a huge drop in the stock price.

Support: $10.33 Price: $11.72 Resistance: $12.95


This stock may move much during a day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.84 between high and low, or 7.30%. For the last week, the stock has had a daily average volatility of 6.79%.

Our recommended stoploss: $10.92 (-6.85%) (This stock has very high daily movements and this gives very high risk. There is a sell signal from pivot top found 11 days ago.)

Overall risk:

Very Low Low Medium High Very High


Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for this stock to perform well in the short-term.

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