NASDAQ trade advice (C): US technology stock | 5-7% gain | USA stock trading signal on 16 Oct 2024

Clear Secure (NYSE: YOU) vs NASDAQ - Relative Strength Comparison

Clear Secure (NYSE: YOU) - Technical Analysis (Daily)

• The price faced significant resistance near the 35 level on several occasions before it fell to the 16 level.
• After a phase of consolidation, the stock price formed a Double Bottom pattern.
• Once a breakout occurred, the price rallied sharply and successfully surpassed its previous resistance level.
• If the price remains above the breakout area, the upward trend is likely to persist.

Clear Secure (NYSE: YOU) - RSI Indicator

• Current RSI of this stock is 71.63, which indicates the strength of buyers.

Clear Secure (NYSE: YOU) - ADX & DI Indicator

• Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.

Clear Secure (NYSE: YOU) - EMA Crossover

• The short length exponential moving average (10 EMA) has crossed the long length exponential moving average (20 EMA) from the below, generates bullish signal. Last day’s candle has closed above all these moving averages. This suggests buyers are taking interest in this stock.

Conclusion - Clear Secure (NYSE: YOU) Stock Price Forcast

Based on our US stock market recommendations, Clear Secure stock price target will be USD 37 - USD 37.5 in the next 12-14 trading sessions.