COLFAX CORP (CFX) Technical Analysis
NYSE:CFX
Current stock price
CFX Technical Rating and Analysis
Taking everything into account, CFX scores 1 out of 10 in our technical rating. CFX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 62% of all other stocks performed better in the past year than CFX.
- CFX is one of the lesser performing stocks in the Machinery industry. 61% of 131 stocks in the same industry do better.
- CFX is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CFX is lagging the market.
- In the last month CFX has a been trading in the 35.66 - 41.10 range, which is quite wide. It is currently trading near the high of this range.
- CFX has an average volume of 1442400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CFX Weekly and Daily overview Charts
CFX Setup Rating and Analysis
CFX has a poor technical rating and the quality of the setup is also not perfect 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
CFX Support and Resistance Analysis
35.69
We found 2 important support areas.
- A support zone ranging from 36.74 to 37.29. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @36.05 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 40.03 to 41.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 42.49 to 42.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
CFX 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 | DOWN | NEGATIVE | The long term trend for CFX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CFX is neutral. |
| ChartMill Relative Strength | 38.5 | NEUTRAL | CFX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CFX is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CFX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CFX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.95 | NEUTRAL | The RSI value for CFX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests CFX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67.76 | NEUTRAL | The Stochastics value for CFX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.35 | MEDIUM VOLATILITY | The ATR as a percentage value for CFX suggests some volalility. |
CFX Chart- and CandleStick Pattern Analysis
CFX Technicals: Chart, Performance Metrics, Trend & Indicators
39.06
-1.53 (-3.77%)
COLFAX CORP / CFX TA FAQ
Can you provide the ChartMill technical rating for COLFAX CORP?
ChartMill assigns a technical rating of 1 / 10 to CFX.
What is the trend direction for CFX stock?
The current trend direction for COLFAX CORP (CFX) is Bearish.
Can you provide the RSI signal for COLFAX CORP?
COLFAX CORP (CFX) has an RSI value of 45.9484. This indicates that the stock is currently neutral.
Can you provide the MACD signal for COLFAX CORP?
The MACD indicator for COLFAX CORP (CFX) has a value of 0.146702, indicating a bearish trend.