CF ACQUISITION CORP VI (CFVIU) Stock Technical Analysis
NASDAQ:CFVIU - Nasdaq - US12521J2024 - Currency: USD
Overall CFVIU gets a technical rating of 7 out of 10. In the last year, CFVIU was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
Warning: CFVIU has an average volume of 2264 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month CFVIU has a been trading in the 10.50 - 15.12 range, which is quite wide. It is currently trading near the high of this range.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the yearly performance of all stocks, we notice that CFVIU is one of the better performing stocks in the market, outperforming 96% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
CFVIU is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CFVIU is lagging the market.
Although CFVIU has an excellent technical rating, it does not present a decent entry opportunity 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
10.12
12.83
3 important support areas can be observed.
- A support zone ranging from 12.63 to 12.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @10.39 from a trend line in the weekly time frame.
- Support @10.22 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 12.65 to 12.70. 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 | NEUTRAL | NEUTRAL | The long term trend for CFVIU is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CFVIU is neutral. |
| ChartMill Relative Strength | 96.18 | POSITIVE | CFVIU has a high relative strength, it outperformed 96.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CFVIU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CFVIU is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CFVIU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.69 | NEUTRAL | The RSI value for CFVIU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests CFVIU has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 68.17 | NEUTRAL | The Stochastics value for CFVIU is a neutral value. |
| Average True Range in percent/ATR (20) | 6.61 | HIGH VOLATILITY | The high ATR as a percentage value for CFVIU suggests high volalility. |
| Average Directional Index/ADX (14) | 44.79 | POSITIVE | The high ADX value value for CFVIU 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)
12.64
-2.34 (-15.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-15.62%
1 Week-9.52%
2 Weeks5.86%
1 Month18.8%
3 Month13.87%
6 Month-3.67%
12 Month28.59%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.16
ATR(20)%6.61%
ATR Inc295.19%
Range Today3.85
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.18
Mansfield2
10 Day High15.12
10 Day Low11.27
20 Day High15.12
20 Day Low10.5
52 Week High19.83
52 Week Low9.82
CS1 End12.63
CR1 Start12.65
Volume & EV
DER(3)18.44%
DER(5)26.71%
Volume3.90K
Volume Incr-34.53%
Vol(5)2.00K
Vol(50)2.26K