CF ACQUISITION CORP IV-CL A (CFIV) Technical Analysis
NASDAQ:CFIV • US12520T1025
Current stock price
CFIV Technical Rating and Analysis
Overall CFIV gets a technical rating of 4 out of 10. 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 Weekly and Daily overview Charts
CFIV Setup Rating and Analysis
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
CFIV Support and Resistance Analysis
9.62
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.
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.
What is the RSI signal for CF ACQUISITION CORP IV-CL A (CFIV) stock?
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 buy/sell signal for CFIV stock?
The buy/sell signal for CF ACQUISITION CORP IV-CL A (CFIV) is hold as the short term and long term trends are mixed.
Can you provide the support and resistance levels for CF ACQUISITION CORP IV-CL A?
CF ACQUISITION CORP IV-CL A (CFIV) has a support level at 10.46 and a resistance level at 10.64. Check the full technical report for our detailed analysis of CFIV support and resistance levels.