Taking everything into account, CFLT scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CFLT is showing a nice and steady performance.
Besides having an excellent technical rating, CFLT also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 30.14, a Stop Loss order could be placed below this zone.
More info and screens
21.64
3 important support areas can be observed.
- A support zone ranging from 29.95 to 30.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 22.64 to 22.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @21.86 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 30.19 to 30.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @34.30 from a horizontal line in the weekly time frame.
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 CFLT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CFLT is up. |
| ChartMill Relative Strength | 80.5 | POSITIVE | CFLT has a high relative strength, it outperformed 80.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CFLT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CFLT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CFLT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 75.89 | OVERBOUGHT | The high RSI value suggests CFLT may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests CFLT has a negative trend. |
| Stochastics (14,3) | 52.38 | NEUTRAL | The Stochastics value for CFLT is a neutral value. |
| Average True Range in percent/ATR (20) | 1.52 | LOW VOLATILITY | The low ATR as a percentage value for CFLT suggests low volalility. |
| Average Directional Index/ADX (14) | 50.81 | POSITIVE | The high ADX value value for CFLT suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 30.25 | 29.94 | 0.31 (1.02%) | 25.00% |
| An entry @30.25. This is a Buy Stop order right above the resistance zone. | An exit @29.94. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.31 points, which is 1.02%. | For a 0.26% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
NASDAQ:CFLT (1/7/2026, 3:45:08 PM)
30.175
0 (-0.02%)
CONFLUENT INC-CLASS A / CFLT FAQ
What is the technical rating for CFLT stock?
ChartMill assigns a technical rating of 9 / 10 to CFLT.
What is the trend direction for CFLT stock?
The current trend direction for CONFLUENT INC-CLASS A (CFLT) is Bullish.
What is the RSI signal for CONFLUENT INC-CLASS A (CFLT) stock?
CONFLUENT INC-CLASS A (CFLT) has an RSI value of 75.8948. This indicates that the stock is currently overbought.
What is the MACD signal for CFLT stock?
The MACD indicator for CONFLUENT INC-CLASS A (CFLT) has a value of -0.227943, indicating a bearish trend.
What is the buy/sell signal for CONFLUENT INC-CLASS A (CFLT) stock?
The buy/sell signal for CONFLUENT INC-CLASS A (CFLT) is buy as both the short term and long term trends are positive.