CF ACQUISITION CORP IV-CL A (CFIV) Technical Analysis
NASDAQ:CFIV • US12520T1025
Current stock price
CFIV Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to CFIV. CFIV has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- 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 compared to the yearly performance of all other stocks, CFIV outperforms 49% of them, which is more or less in line with the market.
- CFIV is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CFIV is lagging the market slightly.
- 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 Weekly and Daily overview Charts
CFIV Setup Rating and Analysis
CFIV has an average technical rating and also the quality of the setup is only medium 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
CFIV Support and Resistance Analysis
9.62
We found 2 important support areas.
- 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.
When analyzing the resistance we notice one important 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.
CFIV 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 | 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. |
CFIV Chart- and CandleStick Pattern Analysis
CFIV Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:CFIV (12/7/2023, 8:00:00 PM)
10.58
-0.01 (-0.09%)
CF ACQUISITION CORP IV-CL A / CFIV TA FAQ
What is the technical rating for CFIV stock?
ChartMill assigns a technical rating of 4 / 10 to CFIV.
What is the trend direction for CFIV stock?
The current trend direction for CF ACQUISITION CORP IV-CL A (CFIV) is Bullish.
Can you provide the RSI signal for CF ACQUISITION CORP IV-CL A?
CF ACQUISITION CORP IV-CL A (CFIV) has an RSI value of 34.9106. This indicates that the stock is currently neutral.
What is the MACD signal for CFIV stock?
The MACD indicator for CF ACQUISITION CORP IV-CL A (CFIV) has a value of -0.0228944, indicating a bearish trend.
What is the short term momentum for CFIV stock?
The short term momentum for CF ACQUISITION CORP IV-CL A (CFIV) is negative.