Cf Finance Acquisition Corp III (CFAC) Technical Analysis
NASDAQ:CFAC
Current stock price
CFAC Technical Rating and Analysis
Overall CFAC gets a technical rating of 0 out of 10. CFAC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 100% of all other stocks performed better in the past year than CFAC.
- CFAC is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so CFAC is lagging the market.
- In the last month CFAC has a been trading in the 8.51 - 10.08 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- Considerably lower volume is observed in the last couple of days.
CFAC Weekly and Daily overview Charts
CFAC Setup Rating and Analysis
The technical rating of CFAC is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
CFAC Support and Resistance Analysis
8.88
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 9.53 to 10.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
CFAC Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for CFAC is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CFAC is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | CFAC has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CFAC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CFAC is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 28.96 | OVERSOLD | The low RSI value suggests CFAC may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests CFAC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.47 | OVERSOLD | The low Stochastics value suggests CFAC may be oversold. |
| Average True Range in percent/ATR (20) | 2.22 | MEDIUM VOLATILITY | The ATR as a percentage value for CFAC suggests some volalility. |
CFAC Chart- and CandleStick Pattern Analysis
CFAC Technicals: Chart, Performance Metrics, Trend & Indicators
8.97
+0.39 (+4.55%)
Cf Finance Acquisition Corp III / CFAC TA FAQ
What is the technical rating for CFAC stock?
ChartMill assigns a technical rating of 0 / 10 to CFAC.
What is the current trend direction of Cf Finance Acquisition Corp III (CFAC) stock?
The current trend direction for Cf Finance Acquisition Corp III (CFAC) is Bearish.
What is the RSI signal for Cf Finance Acquisition Corp III (CFAC) stock?
Cf Finance Acquisition Corp III (CFAC) has an RSI value of 28.9593. This indicates that the stock is currently oversold.
Can you provide the MACD signal for Cf Finance Acquisition Corp III?
The MACD indicator for Cf Finance Acquisition Corp III (CFAC) has a value of -0.142044, indicating a bearish trend.
What is the short term momentum for CFAC stock?
The short term momentum for Cf Finance Acquisition Corp III (CFAC) is negative.