CF INDUSTRIES HOLDINGS INC (CF) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:CF • US1252691001
We assign a technical rating of 8 out of 10 to CF. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CF is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- In the last month CF has a been trading in the 77.50 - 95.21 range, which is quite wide. It is currently trading near the high of this range.
- CF has an average volume of 2377590 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, CF turns out to be only a medium performer in the overall market: it outperformed 68% of all stocks.
- CF is an average performer in the Chemicals industry, it outperforms 58% of 83 stocks in the same industry.
- CF is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CF is lagging the market.
Although CF has an excellent technical rating, it does not offer a high quality setup 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.
More info and screens
69.44
4 important support areas can be observed.
- A support zone ranging from 89.00 to 89.84. 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 77.66 to 78.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @74.00 from a trend line in the weekly time frame.
- Support @70.14 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 91.60 to 92.46. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
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 | UP | POSITIVE | The long term trend for CF is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CF is up. |
| ChartMill Relative Strength | 68.86 | NEUTRAL | CF is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CF is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.58 | NEUTRAL | The RSI value for CF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests CF has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.1 | NEUTRAL | The Stochastics value for CF is a neutral value. |
| Average True Range in percent/ATR (20) | 3.74 | MEDIUM VOLATILITY | The ATR as a percentage value for CF suggests some volalility. |
| Average Directional Index/ADX (14) | 28.63 | POSITIVE | The high ADX value value for CF suggests a strong trend. |
91.32
-3.38 (-3.57%)
CF INDUSTRIES HOLDINGS INC / CF FAQ
What is the ChartMill technical rating of CF INDUSTRIES HOLDINGS INC (CF) stock?
ChartMill assigns a technical rating of 8 / 10 to CF.
What is the current trend direction of CF INDUSTRIES HOLDINGS INC (CF) stock?
The current trend direction for CF INDUSTRIES HOLDINGS INC (CF) is Bullish.
What is the RSI signal for CF INDUSTRIES HOLDINGS INC (CF) stock?
CF INDUSTRIES HOLDINGS INC (CF) has an RSI value of 57.5773. This indicates that the stock is currently neutral.
What is the MACD signal for CF INDUSTRIES HOLDINGS INC (CF) stock?
The MACD indicator for CF INDUSTRIES HOLDINGS INC (CF) has a value of 0.0153183, indicating a bearish trend.
What is the support and resistance level for CF stock?
CF INDUSTRIES HOLDINGS INC (CF) has a support level at 89.84 and a resistance level at 91.6. Check the full technical report for our detailed analysis of CF support and resistance levels.