Cofina SGPS SA (CFN.LS) Stock Technical Analysis
ELI:CFN - Euronext Lisbon - PTCFN0AE0003 - Common Stock - Currency: EUR
Taking everything into account, CFN scores 6 out of 10 in our technical rating. In the last year, CFN was one of the better performers, but we do observe some doubts in the very recent evolution.
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 66 stocks in the same industry.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Looking at the yearly performance, CFN did better than 99% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
CFN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CFN is lagging the market.
Considerably lower volume is observed in the last couple of days.
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
9.81
10.46
When analyzing the support we notice one important 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.
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. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
ELI:CFN (2/27/2025, 7:00:00 PM)
10.35
+0.15 (+1.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg1.47%
1 Week2.48%
2 Weeks2.99%
1 Month-33.01%
3 Month1387.07%
6 Month1591.18%
12 Month2306.98%
2 Year3880.77%
3 Year4361.21%
5 Year2200%
10 Year1654.24%
15 Year895.19%
Volatility
ATR(14)0.25
ATR(20)%5.64%
ATR Inc37.25%
Range Today0.4
ADR(20)0.32
ADR(20)%3.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.95
Mansfield20.69
10 Day High10.6
10 Day Low9.62
20 Day High16.15
20 Day Low9.62
52 Week High31.9
52 Week Low0.39
CS1 End10.1
CR1 Start10.36
Volume & EV
DER(3)0%
DER(5)0%
Volume3.53K
Volume Incr42.02%
Vol(5)1.19K
Vol(50)7.01K