CFXA Technical Analysis - COLFAX CORP

Technical Rating and Analysis

Overall CFXA gets a technical rating of 2 out of 10. CFXA has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

Warning: CFXA has an average volume of 13323 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

In the last month CFXA has a been trading in the 170.25 - 194.46 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 performance of all stocks over the past year, CFXA turns out to be only a medium performer in the overall market: it outperformed 67% of all stocks.

CFXA is an average performer in the Machinery industry, it outperforms 65% of 129 stocks in the same industry.

CFXA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CFXA is lagging the market.

Volume is considerably higher in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

The technical rating of CFXA is bad and it also does not present a 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

168.32

193.50

We found 2 important support areas.

Support @177.70 from a horizontal line in the weekly time frame.
A support zone ranging from 170.02 to 173.91. This zone is formed by a combination of multiple trend lines in the daily time frame.

When analyzing the resistance we notice one important area.

A resistance zone ranging from 181.27 to 191.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

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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	NEUTRAL	NEUTRAL	The long term trend for CFXA is neutral.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for CFXA is neutral.
ChartMill Relative Strength	67.1	NEUTRAL	CFXA is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of CFXA is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of CFXA is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of CFXA is below a declining SMA(200).
Relative Strength Index/RSI (14)	41.32	NEUTRAL	The RSI value for CFXA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.13	POSITIVE	The MACD value suggests CFXA has a positive trend, although the MACD value is declining.
Stochastics (14,3)	22.25	NEUTRAL	The Stochastics value for CFXA is a neutral value.
Average True Range in percent/ATR (20)	2.42	MEDIUM VOLATILITY	The ATR as a percentage value for CFXA suggests some volalility.