CONFLUENT INC-CLASS A (CFLT)

US20717M1036 - Common Stock

31.52  +0.91 (+2.97%)

After market: 31.41 -0.11 (-0.35%)

Technical Rating and Analysis

10

Taking everything into account, CFLT scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CFLT is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, CFLT did better than 92% of all other stocks.
CFLT is part of the Software industry. There are 279 other stocks in this industry. CFLT outperforms 80% of them.
CFLT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CFLT is lagging the market slightly.
In the last month CFLT has a been trading in the 22.51 - 32.25 range, which is quite wide. It is currently trading near the high of this range.
CFLT has an average volume of 4167610 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
CFLT Weekly chart
CFLT Daily chart
Setup Rating and Analysis

2

Although CFLT has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

18.01

31.84

5 important support areas can be observed.

  • A support zone ranging from 27.07 to 27.08. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 24.55 to 24.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @19.96 from a trend line in the weekly time frame.
  • Support @18.67 from a horizontal line in the daily time frame.
  • Support @18.19 from a horizontal line in the weekly time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.83
Mansfield0.73
10 Day High32.25
10 Day Low26.51
20 Day High32.25
20 Day Low22.51
52 Week High35.07
52 Week Low17.79
Performance
1 Week16.44%
2 Weeks18.94%
1 Month39.9%
3 Month47.57%
6 Month4.54%
12 Month64.17%
2 Year36.87%
3 Year-59.6%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.24
RSI(14)76.46
LBB25.3
UBB30.95
CFLT Daily chart

CONFLUENT INC-CLASS A

NASDAQ:CFLT (11/22/2024, 6:20:34 PM)

After market: 31.41 -0.11 (-0.35%)

31.52

+0.91 (+2.97%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg2.97%
1 Week16.44%
2 Weeks18.94%
1 Month39.9%
3 Month47.57%
6 Month4.54%
12 Month64.17%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.35
ATR(20)%4.63%
ATR Inc
Range Today1.4
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High32.25
10 Day Low26.51
20 Day High32.25
20 Day Low22.51
52 Week High35.07
52 Week Low17.79
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume5.46M
Volume Incr1.35%
Vol(5)4.57M
Vol(50)4.17M