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Stock Charts AI Power Rank: 8.6
Power Rank trend -> Rising
07/26/2024 16:10:00 EST
CLARIVATE PLC (CLVT)
Industry: Information Technology Services
Follow @stockchartsai on TwitterPrice Support Resistance
In the past 20 trading days, CLVT has been trading in a range between $6.69 and $5.49 (gray range band). Red lines on the chart represent key resistance levels and Green lines represent key support levels. As the price moves above the lines you will notice they turn green and red if price moves below a line.
CLVT is trading between resistance at $7.14 about 2% to the upside and support at $6.14 -13% to the downside. If it can break above the resistance, it could have some more upside to the next line of resistance at $8.88, about a 26% move. If the price starts to turn down and fails to get through this level or enters a yellow zone, we would consider profit taking or exiting the position. If it enters a red zone on the chart we would exit the position.
Upside / Downside Potential
CLARIVATE PLC $CLVT entered a Green zone 9 days ago on the AI powered stock chart. Wall Street analysts have an AVG target price $8.5, a potential upside of 20.91% from the recent price of 7.03. The stock is trading 36.7% (potential upside) below its 52 week high of $9.61 and 35.45 % (potential downside) above its 52 week low of $5.19 - based on the recent price.
Company Summary
Clarivate Plc operates as an information services provider in the Americas, the Middle East, Africa, Europe, and the Asia Pacific It operates through three segments: Academia & Government, Life Sciences & Healthcare, and Intellectual Property. The company offers Web of Science and InCites, that analyzes and explores the academic research landscape and manages research information; ProQuest One and Ebook Central that provides comprehensive content collections to institutions in a cost-effective manner; and Alma and Polaris, that manages academic resources and services, connect users, and support research publications.
News
| Clarivate Director Richard Roedel to Retire from Board of Directors Valeria Alberola to Succeed as Audit Committee Chair LONDON , July 24, 2024 /PRNewswire/ -- Clarivate Plc (NYSE: CLVT), a leading global provider of transformative intelligence, announced today that Richard Roedel will retire from the Board of Directors (the "Board") for health reasons, effective December 31, 2024. The Board expects Valeria Alberola, a member of the Board since May 2021, and a member of its Audit and Finance Committees, to succeed Mr. Source: PRNewsWire Wed, 24 Jul 2024 07:30:00 -0400 Sentiment: Neutral |
| Clarivate (CLVT) to Develop Unified Library Solution for Ohio Clarivate (CLVT) partners with OhioLINK and SearchOhio to integrate their INN-Reach platforms to develop a unified library solution for the state of Ohio. Source: Zacks Investment Research Mon, 22 Jul 2024 12:10:52 -0400 Sentiment: Neutral |
| Clarivate Acquires Rowan TELS to Enhance Support for Patent Practitioners Delivering integrated, AI-enabled solutions specifically designed for patent preparation and prosecution LONDON , July 22, 2024 /PRNewswire/ -- Clarivate Plc (NYSE: CLVT), a leading global provider of transformative intelligence, today announced it has acquired Rowan TELS Corp. through a subsidiary. Rowan TELS Corp. is the provider of Rowan Patents – an integrated patent drafting and prosecution solution specially designed for patent practitioners to establish and protect patents more effectively. Source: PRNewsWire Mon, 22 Jul 2024 06:00:00 -0400 Sentiment: Neutral |
| Clarivate to Partner with OhioLINK and SearchOhio to Create a New Unified Library Experience Across the State of Ohio Bringing together Ohio's public and academic libraries' platforms to enhance and streamline customer-centric library resource sharing LONDON , July 18, 2024 /PRNewswire/ -- Clarivate Plc (NYSE:CLVT), a leading global provider of transformative intelligence, today announced a partnership with OhioLINK, Ohio's academic library consortium, and SearchOhio, a consortium of Ohio public libraries, to develop a new library resource sharing consortial experience. Through this partnership Clarivate will unify OhioLINK and SearchOhio's resource sharing platforms to enhance library user experiences and services, improve operational efficiencies and build upon existing consortia collaboration. Source: PRNewsWire Thu, 18 Jul 2024 03:00:00 -0400 Sentiment: Neutral |
| BioWorld by Clarivate Celebrates Nine Wins at 2024 APEX Awards Recognized for excellence in writing, news, mental health, financial/investment and economics categories LONDON , July 18, 2024 /PRNewswire/ -- BioWorld™ published by Clarivate Plc (NYSE:CLVT), a leading global provider of transformative intelligence, has been honored with nine 2024 APEX Awards for Publication Excellence. This achievement underscores the BioWorld mission to deliver superior journalistic excellence, data-driven analysis and cutting-edge digital publishing. Source: PRNewsWire Thu, 18 Jul 2024 03:00:00 -0400 Sentiment: Neutral |
Technicals 52 Week Hi: 9.605 52 Week Low: 5.19 Beta: 1.151 50 Day MA: 5.8632 200 Day MA: 7.268 Earnings / Revenue Trends Qtr Earnings Growth YOY: 0 Qtr Revenue Growth YOY: -0.013 Forward PE: 9.5511 Trailing PE: 0