CLEANSPARK INC
Here’s whether CLEANSPARK INC (CLSK) is worth buying in 2026 — based on weekly-updated price trend, RSI momentum, and return vs. the S&P 500. Our current read: Bullish.
Positives: trading above the 200-day MA (long-term uptrend intact); 50-day MA is rising (+1.10% over 10 days); RSI 56 — healthy momentum range; strong 1-year return of +17.7%; 3-month momentum positive (+13.8%); rising volume confirms the move (1.33x 30d avg). Concerns: below the 50-day MA (medium-term momentum negative). Currently 38.5% off its 52-week high. Score: +6/7.
CLSK is holding above its long-term 200-day MA ($13.28) but has slipped below the 50-day MA ($15.33), pointing to short-term weakness in an otherwise intact trend. An RSI of 55.6 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of +17.7% compares to +16.5% for SPY (beat the market by 1.2%). The current 38.5% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.