Cofina SGPS SA (CFN.LS) Technical Analysis
ELI:CFN • PTCFN0AE0003
Current stock price
CFN.LS Technical Rating and Analysis
Overall CFN gets a technical rating of 6 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- CFN is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- Warning: CFN has an average volume of 7009 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- CFN is one of the better performing stocks in the Media industry, it outperforms 100% of 67 stocks in the same industry.
- 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 yearly performance of all stocks, we notice that CFN is one of the better performing stocks in the market, outperforming 99% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- CFN 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 CFN is lagging the market slightly.
- Considerably lower volume is observed in the last couple of days.
CFN.LS Weekly and Daily overview Charts
CFN.LS Setup Rating and Analysis
CFN has an average technical rating and it also does not offer a high quality setup 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
CFN.LS Support and Resistance Analysis
9.81
We found 1 important support area.
- A support zone ranging from 9.91 to 10.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 10.36 to 10.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
CFN.LS 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 CFN.LS is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CFN.LS is down. |
| ChartMill Relative Strength | 99.95 | POSITIVE | CFN.LS has a high relative strength, it outperformed 99.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CFN.LS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CFN.LS is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CFN.LS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.33 | NEUTRAL | The RSI value for CFN.LS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests CFN.LS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 53.13 | NEUTRAL | The Stochastics value for CFN.LS is a neutral value. |
| Average True Range in percent/ATR (20) | 5.64 | HIGH VOLATILITY | The high ATR as a percentage value for CFN.LS suggests high volalility. |
| Average Directional Index/ADX (14) | 26.06 | POSITIVE | The high ADX value value for CFN.LS suggests a strong trend. |
CFN.LS Chart- and CandleStick Pattern Analysis
CFN.LS Technicals: Chart, Performance Metrics, Trend & Indicators
ELI:CFN (2/27/2025, 7:00:00 PM)
10.35
+0.15 (+1.47%)
Cofina SGPS SA / CFN.LS TA FAQ
What is the ChartMill technical rating of Cofina SGPS SA (CFN.LS) stock?
ChartMill assigns a technical rating of 6 / 10 to CFN.LS.
What is the trend direction for CFN stock?
The current trend direction for Cofina SGPS SA (CFN.LS) is Bullish.
What is the RSI signal for CFN stock?
Cofina SGPS SA (CFN.LS) has an RSI value of 42.3311. This indicates that the stock is currently neutral.
Can you provide the MACD signal for Cofina SGPS SA?
The MACD indicator for Cofina SGPS SA (CFN.LS) has a value of -0.113448, indicating a bearish trend.
What are the support and resistance levels for Cofina SGPS SA (CFN.LS) stock?
Cofina SGPS SA (CFN.LS) has a support level at 10.1 and a resistance level at 10.36. Check the full technical report for our detailed analysis of CFN.LS support and resistance levels.