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CleanSpark, Inc. (CLSK) Corporate Logo

CleanSpark, Inc. (CLSK) Stock Price & Analysis

Market: NASDAQ • Sector: Technology • Industry: Software - Application

CleanSpark, Inc. (CLSK) Profile & Business Summary

CleanSpark, Inc. provides bitcoin mining and energy technology solutions worldwide. It operates in two segments, Digital Currency Mining and Energy. The Digital Currency Mining segment engages in mining of bitcoin. The energy segment provides engineering, design and software, custom hardware, open automated demand response, solar, and energy storage solutions for microgrids and distributed energy systems to military, commercial, and residential customers; and develops platforms that enables designing, building, operating, and managing of energy assets. This segment also offers microgrid energy modeling, energy market communications, and energy management solutions comprising mPulse and mVoult, which are control platforms that enables integration and optimization of multiple energy sources; Canvas, a middleware for grid operators and aggregators to administrate load shifting programs; Plaid, a middleware for controls and Internet-of-Things products companies to participate in load shifting programs; and mVSO, an energy modeling software for internal microgrid design, as well as owns gasification energy technologies for various applications, such as feedstock for the generation of di-methyl ether. In addition, it provides design, software development, and other technology-based consulting services; data center services, including rack space, power, and equipment; and various cloud services, such as virtual, virtual storage, and data backup services. The company was formerly known as Stratean Inc. and changed its name to CleanSpark, Inc. in November 2016. CleanSpark, Inc. was incorporated in 1987 and is headquartered in Henderson, Nevada.

Key Information

Ticker CLSK
Exchange NASDAQ
Official Site https://www.cleanspark.com
CIK Number 0000827876
View SEC Filings

Market Trend Overview for CLSK

One model, two time views: what the market looks like right now, and where the larger trend is heading over time.

Longer-Term Market Trend (Mid to Long Term)

Shows the bigger market trend, how strong it is, and where risks may start to build over the next few weeks or months. — Updated as of 2026-03-25 (ET)

As of 2026-03-25, CLSK is moving sideways with low volatility. Over the longer term, the trend remains bullish.

CLSK last closed at 9.96. The price is about 0.3 ATR below its recent average price (10.33), and the market is currently in a sideways market with low volatility. Price at 9.96 is moving between minor support near 9.22 and minor resistance near 10.30. Direction remains unclear. View Support & Resistance from Options

Price is moving in a tight range. This often leads to a stronger move once the range breaks, increasing one-sided risk.

Trend Alignment Summary

Trend score: 40 out of 100. Overall alignment is unclear. The market is currently in a sideways phase with tightening price movement. The longer-term trend is still positive, but short-term signals are not yet confirming it.

Key Risk Level

There is no clear risk level acting as a key boundary right now.

Recent Trend Signal

On 2026-02-04, trend conditions deteriorated, suggesting that moves in the prior direction became less dependable.

Unusual Price Movement

[2026-03-25] Trading activity picked up, but price progress remained limited.Bearish signal near resistance (0.42 ATR away). Reversal risk is higher.

Recent Price Behavior

Recent bars show mixed price behavior without a clear shift in structural quality or efficiency.

Overnight Positioning

There was no clear sign of meaningful positions being carried into the overnight session.

Next-day directional probability forecast Last updated: 2026-03-25 (ET)
Next-session outlook for 2026-03-26 (ET)
No clear next-day edge

What the model sees

The model stays neutral because the setup is not clear enough to justify a directional deployment.


Why the model says this

The model does not deploy this setup because price is still close to a gamma transition zone. Predictability is 44%, agreement is 86%, and reversal risk is 22%.

NOTE: This next-day up/down probability forecast module is still being tested for accuracy. Please do not rely on it for investment decisions. The model does not account for black swan events or company-specific fundamental news, and its estimates are based solely on technical conditions, capital flow, and market sentiment. View forecast history

Recent Cost Distribution Last updated: 2026-03-25 (ET)

This reading is based on the last 20 trading days of 15-minute price, volume, and VWAP data. Price is only slightly above the recent estimated cost basis of 9.87. Price is in the lower half of the main cost band (9.86 to 10.18), so price support and pullback behavior matter more than immediate upside follow-through. Recent positioning looks fairly balanced, with 57% in profit and 43% under water. From a trading point of view, the most useful read is to compare price with the main cost band first, because there is no especially clear nearby support or overhead cluster right now.

Short Interest & Covering Risk for CLSK

This analysis looks at overall short interest positioning, focusing on the broader setup rather than short-term noise.

Squeeze Score 0.76

Shows how likely a short squeeze may be under current market conditions.

Key Market Risk Indicators
Short Crowding (Short Interest / Float) 34.49%
Short Positions Trend Not Increasing
Liquidity Trend (Average Daily Volume) -41.43%
20-Day Return -4.69%
Price vs 20-Day High Below Recent Highs

Short Exposure Percentile

Short interest is relatively low, indicating limited pressure from short positions. (Historical percentile: 8%)

Structure Analysis

CLSK Short positioning is very crowded. Current days to cover is 4.5 trading days, meaning short covering pressure could be amplified relative to normal conditions. If covering begins, price moves could be meaningfully amplified. Early signs of positioning pressure are emerging (Fragility Score 56/100, DTC percentile 98%) and liquidity contracting meaningfully (volume -41%). Short positioning is at extreme historical levels.

Risk Summary

Some early warning signs are emerging. Price strength remains intact, but underlying support may be starting to weaken.This indicator is intended as a risk filter, not a directional signal. A High or Extreme reading does not predict an immediate move, but suggests that if prices weaken, downside reactions may be more pronounced.

Why Price Reactions May Be Stronger?

Short positioning is elevated both relative to its own history and in absolute short-interest terms. Average trading volume is weakening, indicating contracting liquidity. Phase: Building. Adaptive thresholds applied to liquidity weakness, near-high detection, and compression sensitivity. Crowded short positioning and weakening liquidity are reinforcing each other. As a result, similar news or market events could lead to price moves about 3× larger than usual.


Note: Short interest data is reported every two weeks by FINRA. The most recent snapshot is 2026-02-27 (ET).
Because this data updates slowly, it is not intended to predict short-term price moves. Instead, it helps describe longer-term market structure and where pressure may be building if prices begin to move.

Analytical Modules