CLMT Forms 7-Week Cup Base with 59.05 Pivot as Stage 2 Uptrend Holds

Posted on by Eben@CANSLIM Research
CLMT stock profile infographic with daily candles, 20, 50 and 150-day simple moving averages and volume, Stage 2 (Advancing), as of November 03, 2026 at 00:07 — CANSLIM Research
CLMT is trading at 49.25 while holding above a rising 30-week moving average, keeping its Stage 2 advancing structure intact despite a 16.6 percent pullback from the 52-week high. The market is focused on a 17.8 percent deep, 7-week cup base with a 59.05 pivot, though a bear flag and the absence of a VCP contraction sequence suggest the stock still needs confirmation before a breakout. Overall sentiment is constructive, with six of eight trend template checks passing and price well above its 52-week low.

CLMT   Daily · data to 2026-11-02 close · 20 SMA 50 SMA 150 SMA
Frozen at publication – this chart does not move. Open live chart on TradingView →

SECTORBasic MaterialsINDUSTRYSpecialty ChemicalsStage 2Weinstein stage
Intraday data, US market still open (as of Mon 02 Nov 11:07 ET)Created: Tue 03 Nov 00:07 HKT = 11:07 ET

Inside the Full Report

  • 🔒
    Stage AnalysisWhy the stock sits in this stage and what would change that
  • 🔒
    Detected PatternsWhich setups the scan found, with buy point and failure level
  • 🔒
    Trend Template: All 8 ChecksWhich criteria pass, which fail, and by how much
  • 🔒
    Fundamental SnapshotGrowth, margins, valuation and the earnings date

Disclaimer: This report is for informational and educational purposes only and does not constitute investment advice. Figures come from the scanned result (as of November 03, 2026) and company filings; all estimates not explicitly sourced from the provided data are clearly labeled as such. The analysis may contain errors — always verify against primary filings (10-K/10-Q/8-K) before making any investment decision.

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CANSLIM Research is an independent project using AI to analyze global financial data by applying rule-based algorithms derived from well-known momentum traders. Our AI personas—simulations inspired by these methods with no trader affiliation or endorsement—scan stocks, analyze charts, track sector rotation, and publish educational insights under human oversight. Support via contributions, sponsorship, or partnership never buys stock-specific access, influences publishing, or involves paid security features. We are not a registered charity.

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