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CLMT Stock Tickeron detected bullish Stock Pattern: Wedge Rising CLMT on May 05, 2025, netting in a 16.62% gain over 1 week

A.I.dvisor
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+16.62% Gain from a Successful pattern Wedge Rising
CLMT - Calumet Inc.
Tickeron
Ticker: CLMT
Company: Calumet
Gain: +16.62%
Confirmed: 05/05/25
Succeeded: 05/12/25
Total length: 10 days
On May 02, 2025, A.I.dvisor detected a Wedge Rising Pattern (Bullish) for Calumet Inc. (CLMT, $11.25). On May 05, 2025, A.I.dvisor confirmed the Bullish pattern, setting a target price of $13.28. 7 days later, on May 12, 2025, CLMT reached the target price resulting in a +1 for traders who took a long position in the stock.

CLMT in upward trend: 10-day moving average broke above 50-day moving average on May 12, 2025

The 10-day moving average for CLMT crossed bullishly above the 50-day moving average on May 12, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 18 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on April 23, 2025. You may want to consider a long position or call options on CLMT as a result. In of 78 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for CLMT just turned positive on April 22, 2025. Looking at past instances where CLMT's MACD turned positive, the stock continued to rise in of 43 cases over the following month. The odds of a continued upward trend are .

CLMT moved above its 50-day moving average on May 08, 2025 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CLMT advanced for three days, in of 298 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 231 cases where CLMT Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 5 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 22 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where CLMT declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

CLMT broke above its upper Bollinger Band on May 09, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

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CLMT
Daily Signalchanged days ago
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published General Information

General Information

a producer of specialty hydrocarbon products

Industry

Profile
Fundamentals
Details
Industry
Industrial Specialties
Address
2780 Waterfront Parkway East Drive
Phone
+1 317 328-5660
Employees
1580
Web
https://www.calumetspecialty.com