CF INDUSTRIES HOLDINGS INC (CF)       103.48  -0.91 (-0.87%)

103.48  -0.91 (-0.87%)

US1252691001 - Common Stock - After market: 103.48 0 (0%)

Technical Rating

7

We assign a technical rating of 7 out of 10 to CF. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.



The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, CF did better than 97% of all other stocks. On top of that, CF also shows a nice and consistent pattern of rising prices.
CF is part of the Chemicals industry. There are 119 other stocks in this industry. CF outperforms 96% of them.
CF is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so CF slightly outperforms the market at the moment.
CF has an average volume of 2641110 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month CF has a been trading in the 98.17 - 112.44 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

Statistics

1 Month 3 Months 6 Months 12 Months -1.80% -0.19% 17.97% 69.17% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 97.21 60.15 - 119.598
CF Weekly chart
CF Daily chart

Support/Resistance Analysis


89.46

109.74
4 important support areas can be observed.
  • A support zone ranging from 103.08 to 103.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @99.69 from a trend line in the daily time frame.
  • Support @93.79 from a horizontal line in the weekly time frame.
  • Support @90.36 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
  • A resistance zone ranging from 103.84 to 105.79. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 108.54 to 108.65. This zone is formed by a combination of multiple trend lines in the daily time frame.

Setup Analysis

Setup Rating

7

Besides having an excellent technical rating, CF also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 103.31, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.

Possible Trading Setup

Given the decent technical rating and the setup score, we can suggest the following trade.


ENTRYEXITDISTANCECAPITAL
105.80103.072.73 (2.58%)25.00%
An entry @105.80. This is a Buy Stop order right above the resistance zone.An exit @103.07. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 2.73 points, which is 2.58%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.65%.

  • The distance between exit and entry is rather small compared to the average daily movement of CF. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
CF Daily chart

CF INDUSTRIES HOLDINGS INC103.48

NYSE:CF (12/5/2022, 7:24:40 PM)-0.91 (-0.87%)

After market: 103.48 0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector Materials
GICS Industry Chemicals
Performance
Today -0.87% 1 Week -0.88%
2 Weeks 2.11% 1 Month -1.8%
3 Month -0.19% 6 Month 17.97%
Volatility
ATR(14) 4.81 ATR(20)% 4.97%
ATR Inc -13.3% Range Today 6.13
Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)
Relative Strength & Ranges
CRS 97.21 Mansfield 1.38
10 Day High 109.79 10 Day Low 98.84
20 Day High 112.44 20 Day Low 98.18
52 Week High 119.6 52 Week Low 60.15
CS1 End 103.31 CR1 Start 103.84
Volume & EV
DER(3) -2.87% DER(5) -1.13%
Volume 2.58M Volume Incr 33.73%
Vol(5) 3.50M Vol(50) 2.64M

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