CONFLUENT INC-CLASS A (CFLT) Stock Technical Analysis
NASDAQ:CFLT • US20717M1036
Overall CFLT gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CFLT is only an average performer.
- The long and short term trends are both positive. This is looking good!
- CFLT is part of the Software industry. There are 274 other stocks in this industry. CFLT outperforms 88% of them.
- CFLT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CFLT is lagging the market slightly.
- CFLT has an average volume of 13527700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, CFLT did better than 75% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- In the last month CFLT has a been trading in a tight range between 30.27 and 30.76.
Besides having an excellent technical rating, CFLT also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 30.70. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 30.63, a Stop Loss order could be placed below this zone.
More info and screens
22.95
3 important support areas can be observed.
- A support zone ranging from 29.95 to 30.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 24.84 to 24.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @23.18 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 30.70 to 30.72. This zone is formed by a combination of multiple trend lines 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 CFLT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CFLT is up. |
| ChartMill Relative Strength | 75.01 | POSITIVE | CFLT has a high relative strength, it outperformed 75.01% 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) | 63.52 | NEUTRAL | The RSI value for CFLT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests CFLT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 76.41 | NEUTRAL | The Stochastics value for CFLT is a neutral value. |
| Average True Range in percent/ATR (20) | 0.39 | LOW VOLATILITY | The low ATR as a percentage value for CFLT suggests low volalility. |
| Average Directional Index/ADX (14) | 38.36 | 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 |
|---|---|---|---|
| 30.73 | 30.48 | 0.25 (0.81%) | 25.00% |
| An entry @30.73. This is a Buy Stop order right above the resistance zone. | An exit @30.48. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.25 points, which is 0.81%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.20%. |
- 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 (2/26/2026, 3:50:01 PM)
30.64
0 (0%)
CONFLUENT INC-CLASS A / CFLT FAQ
What is the technical rating for CFLT stock?
ChartMill assigns a technical rating of 8 / 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 63.5202. This indicates that the stock is currently neutral.
What is the MACD signal for CFLT stock?
The MACD indicator for CONFLUENT INC-CLASS A (CFLT) has a value of -0.0552586, 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.