NASDAQ:CAFD - Nasdaq - US2825391053
We assign a technical rating of 3 out of 10 to CAFD. In the past year, CAFD was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
CAFD has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
11.57
When analyzing the support we can see 2 important areas.
2 important resistance areas can be observed.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
Indicator | Value | Signal | Comment |
---|---|---|---|
ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for CAFD is down. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CAFD is up. |
ChartMill Relative Strength | 28.68 | NEGATIVE | CAFD has a low relative strength, it was outperformed by 71.32% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CAFD is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CAFD is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CAFD is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 63.16 | NEUTRAL | The RSI value for CAFD is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CAFD has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 90.63 | OVERBOUGHT | The high Stochastics value suggests CAFD may be overbought. |
Average True Range in percent/ATR (20) | 0.53 | LOW VOLATILITY | The low ATR as a percentage value for CAFD suggests low volalility. |
12.42
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