Positive context积极背景
Stocks股票 / Materials / CLW
Clearwater Paper Corp · Materials
CLW US listed · USD美股 · 美元
Materials
Russell 2000罗素2000
Speculative / unprofitable投机／未盈利
$21.29
+$0.40 · +1.91%
52w low52周低 $12.12high高 $23.86
Extended — wait for a pullback过度拉伸 — 等待回撤
The low is already in and price has run. Wait for a pullback; hold if you're long.低点已经形成、价格已经拉升。等待回调再入场；若已持有可继续持有。
As of 2026-09-23截至 2026-09-23
Company intelligence公司情报
The latest call, in context把最新财报放回历史脉络
A synthesized event record across management commentary and recorded metrics. Read as context; verify exact wording in the transcript before relying.综合管理层表述与记录指标形成事件档案。仅供参考；使用前请在电话会原文中核对准确措辞。
Live company record实时公司记录
JavaScript loads the source-bounded event record here. Open Terminal if the live module does not start.JavaScript 会在此加载受来源约束的事件记录。如实时模块未启动，请打开终端。
Continue with full transcript history继续查看完整电话会历史 ↗Pressure context压力背景
History mode历史模式
Context only仅供参考 · not a signal or recommendation不构成信号或建议
Narrative claims may await line-level citation; verify in the transcript.叙述性内容可能仍待逐行引用，请在电话会原文中核对。
Price chart价格图表
daily · interactive日线 · 可交互
Open in Terminal打开终端 ↗
Loading chart…图表加载中…
The interactive chart could not load here.互动图表暂时无法在此加载。
Open the live chart in Terminal在终端中打开实时图表 ↗
Candles, volume and moving averages — pan and zoom inside the chart.蜡烛图、成交量与均线 — 图内可缩放拖动。
MMastermind Terminal — live & interactiveMastermind 终端 — 实时互动 ↗
Technicals技术面
daily bars日线数据 · 2026-09-23
Momentum (RSI 14)动量（RSI 14）
56
Neutral zone中性区域
vs 50-day average相对50日均线
+5.6% above上方
Uptrend intact趋势完好
vs 200-day average相对200日均线
+25.1% above上方
Long trend up长期向上
Volatility波动率
2th percentile第2百分位
These readings feed the stance at the top — one source per number, refreshed nightly.以上读数构成页首的引擎立场 — 每个数字只有一个来源，每晚更新。
Earnings财务业绩
Financials财务数据
fiscal years财年Revenue营业收入
$1.6B2025
20202025
5-yr growth5年复合增速 -3.6%
Earnings per share每股收益
$-1.152025
20202025
Free cash flow自由现金流
-$76.5M2025
20202025
Operating margin营业利润率
-2.7%
Net margin净利率
-1.2%
FCF margin自由现金流利润率
0.8%
Balance-sheet quality财务体质 5/8
Return on equity股本回报率 -2%
Watch关注
Leverage杠杆
Net debt / EBITDA净债务/EBITDA6.27
Current ratio流动比率2.43
Capital allocation资本配置
Stock-based comp股权薪酬$3.8M
Share count change (1y)股数变化（1年）-3.2%
Debt coming due到期债务
FY2021 10-KIn the 12-month bucket following fiscal period end 2021-12-31, it reported $1.6M due — about 0% of its disclosed principal.在财年期末 2021-12-31 之后12个月的区间内，已披露到期本金为 $1.6M，约占其披露本金的 0%。
All maturity buckets are measured from fiscal period end 2021-12-31, not from today.所有到期区间均从财年期末 2021-12-31 起算，而非从今天起算。
First 12 months after period end报告期末之后首12个月
$1.6M
Year 2第2年
$1.5M
Year 3第3年
$1.5M
Year 4第4年
$301.7M
Year 5第5年
$51.9M
After year 55年以后
$285.9M
Cash reported at 2025-12-31: $30700000.截至 2025-12-31 披露的现金：$30700000。 At the cash-burn pace reported over 2025-01-01 to 2025-12-31, that cash represented about 4.8 months. This scenario excludes debt payments and future financing.按 2025-01-01 至 2025-12-31 期间披露的现金消耗速度，该现金约对应 4.8 个月。此情景不包括债务偿还与未来融资。
Capital-need coverage is partial; incomplete or incompatible filing inputs are not combined.资本需求覆盖信息不完整；不会合并不完整或不兼容的报告数据。
Any available cash-flow scenario is context only. Missing or incompatible inputs are not replaced with zero or a financing forecast.可用现金流情景仅供参考；缺失或不兼容的输入不以零值或融资预测替代。
Sources and cash-flow calculation来源与现金流计算
Figures are XBRL facts from one filing — no two years are mixed. Filing数据取自同一份文件中的 XBRL 事实，不跨文件拼接。文件
0001504337-22-000008, period ending报告期截至 2021-12-31, unit单位 USD.
Cache acquired缓存获取时间: 2026-09-22T08:01:17.743813+00:00.
6/6 buckets reported.个区间有披露。
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonthsLongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwoLongTermDebtMaturitiesRepaymentsOfPrincipalInYearThreeLongTermDebtMaturitiesRepaymentsOfPrincipalInYearFourLongTermDebtMaturitiesRepaymentsOfPrincipalInYearFiveLongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
Annual period年度区间 2025-01-01 — 2025-12-31 · USD · 10-K · 0001441236-26-000007 · Filed提交日期 2026-02-18.
Cache acquired缓存获取时间: 2026-09-22T08:01:17.743813+00:00 · Evaluated as of评估截至 2026-09-23.
- Reported operating cash flow已披露经营活动现金流: $12300000
- Reported equipment spending (capex outflow)已披露设备支出（资本开支流出）: $88800000
- Derived free cash flow (operating cash flow minus capex)计算所得自由现金流（经营现金流减资本开支）: $-76500000
Cash is the reported balance at period end. The runway scenario holds this annual cash-flow pace constant and excludes debt payments, restricted-cash adjustments and future financing.现金为期末已披露余额。现金跑道情景假设本年度现金流速度保持不变，不包括债务偿还、受限现金调整与未来融资。
Research context only — reported figures from SEC filings, not a rating, a signal or investment advice.仅供研究参考 — 数据摘自 SEC 文件披露口径，不构成评级、信号或投资建议。
Why is it moving为何波动
6 checks · nightly六项检查 · 每晚
Positioning持仓
Quiet — no confirmed driver平静 — 无明确驱动
Technical技术面
CLW StochRSI turned up from oversoldCLW StochRSI自超卖区上行
Signal history信号历史
engine events引擎事件
DOWNTREND → NEARING A HIGH下跌趋势 → 接近高点
TAKE PROFITS. A daily bottoming setup did fire (swing low in, momentum turned up), but it's LATE — price is already extended above the cycle low (formed ~7 day(s) ago @ 19.69) and momentum is fading — the 3-day/weekly momentum has crossed down. A momentum cross is a LAGGING confirmation: after a vertical run it only triggers once the move is mature, so the bottoming entry has already passed. This is a chase, not a fresh buy止盈。日线筑底形态确实已经触发（摆动低点出现、动量转向上行），但为时已晚——价格已显著高于周期低点（约 7 天前形成 @ 19.69）且动量正在衰竭——3 日/周线动量已向下交叉。动量交叉属于滞后确认：在垂直拉升之后，只有当走势已经成熟时才会触发，因此筑底入场早已错过。这是追高，而非新的买入
Sep 14, 2026
CLW StochRSI turned up from oversoldCLW StochRSI自超卖区上行
StochRSI popped back above 20 — the earliest oscillator heads-up that downside momentum is easing. $20.91.StochRSI重回20上方 — 下行动量趋缓的最早预警。$20.91。
Sep 8, 2026
NEARING A LOW → DOWNTREND接近低点 → 下跌趋势
AVOID回避
Aug 31, 2026
BOTTOMING → NEARING A LOW筑底中 → 接近低点
GET READY准备
Aug 26, 2026
NEARING A HIGH → BOTTOMING接近高点 → 筑底中
BUY SETUP买入预备
Aug 25, 2026
BOTTOMING → NEARING A HIGH筑底中 → 接近高点
TAKE PROFITS止盈
Aug 24, 2026
NEARING A HIGH → BOTTOMING接近高点 → 筑底中
BUY SETUP买入预备
Aug 21, 2026
BOTTOMING → NEARING A HIGH筑底中 → 接近高点
TAKE PROFITS止盈
Aug 21, 2026
CLW StochRSI turned up from oversoldCLW StochRSI自超卖区上行
StochRSI popped back above 20 — the earliest oscillator heads-up that downside momentum is easing. $21.75.StochRSI重回20上方 — 下行动量趋缓的最早预警。$21.75。
Showing the last 15 of显示最近15条，共 171 signals条信号
Company profile公司档案
The whole US universe — S&P 1500 and Russell 2000 — read nightly.覆盖标普1500与罗素2000全部成分股 — 每晚更新解读。
Signals, options positioning, smart-money moves and factor DNA — the same engine that wrote this page covers 2,700+ US stocks.信号、期权持仓、聪明钱动向与因子基因 — 撰写本页的引擎覆盖2700多只美股。
Statistics — full detail统计数据 — 完整明细
Price history价格历史
| Period周期 | This stock本股 | S&P 500标普500 |
|---|---|---|
| 1 Week近1周 | +1.8% | +1.9% |
| 1 Month近1月 | -2.1% | +1.3% |
| 3 Months近3月 | +36.3% | +5.7% |
| 6 Months近6月 | +49.6% | +18.4% |
| Year to date年初至今 | +20.3% | +14.1% |
| 1 Year近1年 | +1.2% | +17.8% |
Trading information交易信息
Volatility rank波动率分位
2th pctile
EPS (trailing)每股收益
$-1.16
Off 52-week high距52周高点
-8.7%
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Financials — full detail财务数据 — 完整明细
Multi-year record多年财务记录
| 20202020 | 20212021 | 20222022 | 20232023 | 20242024 | 20252025 | |
|---|---|---|---|---|---|---|
| Revenue营业收入 | $1.9B | $1.8B | $2.1B | $2.1B | $1.4B | $1.6B |
| EPS每股收益 | $4.61 | $-1.67 | $2.68 | $6.30 | $11.70 | $-1.15 |
| Free cash flow自由现金流 | $207M | $58M | $117M | $117M | $-55M | $-76M |
| Gross margin毛利率 | 15.7% | 10.3% | 12.3% | 15.9% | 5.5% | 7.4% |
| Net margin净利率 | 4.1% | -1.6% | 2.2% | 5.2% | 14.2% | -1.2% |
| FCF margin自由现金流利润率 | 11.1% | 3.3% | 5.6% | 5.6% | -4.0% | -4.9% |
Latest fiscal year最近财年
Revenue (FY)营业收入（财年）
$1.6B
Net income净利润
$-19M
Operating cash flow经营现金流
$12M
Total assets总资产
$1.6B
Shareholder equity股东权益
$825M
Long-term debt长期负债
$346M
Buybacks股票回购
$17M
Shares outstanding总股本
0.02B
Returns & growth回报与增长
Return on equity股本回报率
-2.3%
Return on assets资产回报率
-1.2%
Debt / assets负债/资产
21.8%
Profit growth利润增速
-109.5%
Asset growth资产增速
-5.4%
Accounting quality checks会计质量检查
- Earnings quality: accruals trending up over 6 fiscal years — earnings increasingly not cash-backed盈利质量：应计利润在 6 个财年间走高——盈利的现金支撑减弱
- Working capital: receivables +22% vs sales +-17% — receivables outpacing sales, revenue-quality risk营运资本：应收 +22% 对销售 +-17%——应收快于销售，营收质量风险
- Pricing power: gross margin −8.3pts over 6 years定价能力：毛利率 6 年下降 8.3 个百分点
- Capital discipline: investment near the peer median资本纪律：投资力度接近同业中位
- Balance sheet: leverage unremarkable资产负债表：杠杆水平一般
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Technicals — full detail技术面 — 完整明细
Indicator readings指标读数
RSI (14-day)RSI（14日）
56
RSI (2-day)RSI（2日）
82
vs 20-day average相对20日均线
+2.1%
vs 50-day average相对50日均线
+5.6%
vs 200-day average相对200日均线
+25.1%
Golden cross (50>200)金叉（50>200）
in effect生效中
MACDMACD
below signal位于信号线下方
Timeframe alignment多周期共振
Daily日线
momentum down — turning up soon动能向下——接近转强
3-day3日线
momentum down — fresh downturn动能向下——刚刚转弱
Weekly周线
momentum up动能向上
When daily through monthly point the same way, moves carry further.当日线到月线方向一致时，行情往往更有延续性。
Volatility regime波动状态
Range state波幅状态
CoiledCOILED
Days compressed已压缩天数
11
Range width percentile波幅宽度分位
8/100
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。