Why is CLSK Down Today?

CLSK
$12.35
▼ -4.15% ($-0.51)
Last updated: Oct 01, 2026 8:33 PM ET (29 min ago)

About CLEANSPARK INC

Cleanspark Inc is a bitcoin mining company. Through CleanSpark, Inc., and the Company's wholly owned subsidiaries, the company mines bitcoin. The company entered the bitcoin mining industry through its acquisition of ATL. Bitcoin mining is the sole reportable segment of the company.

Sector: FINANCE SERVICES
Market Cap: $4.10B
Forward P/E: 13.4
52-Week Range: $8.00 - $23.61
Employees: 270

Overall Confidence: 60%

60% Confident

Based on news, social sentiment, options activity, and sector analysis

SYMPATHY 60% Confidence
🎯 Outperforming sector by 4.7%
This stock is significantly underperforming its FINANCE SERVICES sector peers, suggesting a stock-specific catalyst.

✅ Move Confirmation

LOW VOLUME 0.9x average volume

UNCONFIRMED - Low volume suggests this move may not be sustainable.

📍 Sector Context

FINANCE SERVICES sector: +0.5%

CLSK is outperforming its sector by -4.7%. This suggests a stock-specific catalyst.

Market Comparison

CLSK is significantly underperforming the market (-4.3% vs SPY)
S&P 500
SPY
+0.18%
Nasdaq 100
QQQ
+0.31%
CLSK
This Stock
-4.15%
vs S&P 500: -4.33%
vs Nasdaq: -4.46%

📊 What Happens Next?

Probability Analysis

45% chance this move continues in the next 1-3 days

Expected Range

Based on historical patterns and options pricing, CLSK is expected to trade between:
$11.97 - $12.59

Key Level to Watch

$11.73 support
Watch for breakdown below $12.35

🔔 Get CLSK Alerts

We'll notify you when CLSK's trend changes or a new signal fires.

Last updated: Oct 01, 2026 8:33 PM (29 minutes ago)
Data refreshes every 30 minutes during market hours

Options Market Insight

Bullish
Options Sentiment
0.24
Put/Call Ratio
107.6%
Implied Volatility
Call Volume: 49,879
Put Volume: 12,189
Total: 62,068
Unusual Activity: $15 CALL (5,451 vol) $15 CALL (5,333 vol) $13 CALL (2,292 vol)

Historical Context

CLSK has moved more than 3.0% down on 86 occasions in the past year.

54.7%
Continuation Rate
47/86 times continued down
-0.22%
Avg Next Day Change
After similar down moves
Last similar move: Sep 30, 2026 (-3.2%) → Next day: -4.2%

Frequently Asked Questions

Why is CLSK stock down today?

This stock is significantly underperforming its FINANCE SERVICES sector peers, suggesting a stock-specific catalyst.

Is CLSK stock a buy or sell right now?

Based on current analysis, CLSK shows 60% confidence in today's move. Volume is low which does not confirm the trend. View full buy/sell analysis →

What is the CLSK stock price target?

CLSK is currently trading at $12.35. Based on today's momentum, the expected short-term range is $11.97 - $12.59. See long-term price prediction →

Will CLSK stock continue falling?

Our analysis shows a 45% probability that CLSK's move continues in the next 1-3 days. Key level to watch: $11.73 (support).

Is CLSK stock oversold or overbought?

CLSK's RSI (Relative Strength Index) is currently at 43.8. This shows bearish momentum - the stock has negative momentum but isn't oversold yet.

What is the momentum for CLSK stock?

CLSK's 10-day momentum indicator is at -0.83. Negative momentum - the stock has mild downward pressure which may continue short-term.

Is CLSK outperforming or underperforming the market?

CLSK (-4.15%) is currently significantly underperforming the market (-4.3% vs SPY). Today, the S&P 500 (SPY) is up 0.18%, and Nasdaq (QQQ) is up 0.31%.

What does MACD indicate for CLSK?

CLSK's MACD (0.14) is currently below the signal line (0.28), indicating a bearish trend. This technical signal suggests selling pressure is dominant. The trend strength (ADX: 14.4) is weak.

Is CLSK in an uptrend or downtrend?

Based on moving average analysis, CLSK is in a mixed/transitional trend. The price and moving averages are not clearly aligned, suggesting a potential trend change or consolidation phase. 20-day SMA: $13.48, 50-day SMA: $12.99.

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