We assign a technical rating of 9 out of 10 to CFLT. 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.
Although CFLT has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
21.18
We found 2 important support areas.
- A support zone ranging from 23.06 to 23.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 21.39 to 21.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 29.86 to 29.88. 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 | 87.78 | POSITIVE | CFLT has a high relative strength, it outperformed 87.78% 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) | DOWN | MIXED | The current price of CFLT is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 78.62 | OVERBOUGHT | The high RSI value suggests CFLT may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.53 | POSITIVE | The MACD value suggests CFLT has a positive trend. |
| Stochastics (14,3) | 90.05 | OVERBOUGHT | The high Stochastics value suggests CFLT may be overbought. |
| Average True Range in percent/ATR (20) | 4.33 | MEDIUM VOLATILITY | The ATR as a percentage value for CFLT suggests some volalility. |
| Average Directional Index/ADX (14) | 22.65 | NEUTRAL | The ADX value for CFLT suggests a possible start of a new trend. |
NASDAQ:CFLT (12/9/2025, 11:50:09 AM)
29.835
-0.04 (-0.12%)
CONFLUENT INC-CLASS A / CFLT FAQ
What is the ChartMill technical rating of CONFLUENT INC-CLASS A (CFLT) stock?
ChartMill assigns a technical rating of 9 / 10 to CFLT.
Can you provide the trend direction for CONFLUENT INC-CLASS A?
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 78.6187. This indicates that the stock is currently overbought.
Can you provide the buy/sell signal for CONFLUENT INC-CLASS A?
The buy/sell signal for CONFLUENT INC-CLASS A (CFLT) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for CONFLUENT INC-CLASS A?
CONFLUENT INC-CLASS A (CFLT) has a support level at 23.19 and a resistance level at 34.3. Check the full technical report for our detailed analysis of CFLT support and resistance levels.