CF ACQUISITION CORP IV-CL A (CFIV) Stock Technical Analysis
NASDAQ:CFIV - Nasdaq - US12520T1025 - Common Stock - Currency: USD
Taking everything into account, CFIV scores 4 out of 10 in our technical rating. In the last year, CFIV was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
When comparing the performance of all stocks over the past year, CFIV turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
CFIV is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CFIV is lagging the market.
In the last month CFIV has a been trading in a tight range between 10.56 and 10.79.
Considerably lower volume is observed in the last couple of days.
CFIV has an average technical rating and the quality of the presented setup is also not ideal 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
9.62
10.90
2 important support areas can be observed.
- A support zone ranging from 10.43 to 10.46. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 9.72 to 9.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 10.64 to 10.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 CFIV is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CFIV is down. |
| ChartMill Relative Strength | 49.89 | NEUTRAL | CFIV is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CFIV is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CFIV is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CFIV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 34.91 | NEUTRAL | The RSI value for CFIV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests CFIV has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 6.67 | OVERSOLD | The low Stochastics value suggests CFIV may be oversold. |
| Average True Range in percent/ATR (20) | 0.39 | LOW VOLATILITY | The low ATR as a percentage value for CFIV suggests low volalility. |
| Average Directional Index/ADX (14) | 36.67 | POSITIVE | The high ADX value value for CFIV suggests a strong trend. |
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)
NASDAQ:CFIV (12/7/2023, 8:00:00 PM)
10.58
-0.01 (-0.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.09%
1 Week-0.47%
2 Weeks-1.86%
1 Month-1.26%
3 Month0.71%
6 Month1.54%
12 Month5.8%
2 Year7.96%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%0.39%
ATR Inc-66.13%
Range Today0
ADR(20)0.03
ADR(20)%0.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.89
Mansfield-0.7
10 Day High10.78
10 Day Low10.57
20 Day High10.79
20 Day Low10.57
52 Week High11.01
52 Week Low9.99
CS1 End10.46
CR1 Start10.64
Volume & EV
DER(3)-0.15%
DER(5)-0.39%
Volume400
Volume Incr-73.16%
Vol(5)24.28K
Vol(50)55.13K