GOOD WORKS ACQUISITIO -CW25 (CIFRW) Stock Technical Analysis
USA - NASDAQ:CIFRW -
8.886 USD
+1.44 (+19.28%)
9.5 USD
+0.61 (+6.91%)
We assign a technical rating of 10 out of 10 to CIFRW. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CIFRW is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, CIFRW did better than 99% of all other stocks.
CIFRW is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CIFRW is lagging the market slightly.
In the last month CIFRW has a been trading in the 4.02 - 11.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CIFRW has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for CIFRW in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
6.32
8.97
When analyzing the support we notice one important area.
- Support @6.38 from a trend line in the daily time frame.
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 CIFRW is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CIFRW is up. |
| ChartMill Relative Strength | 99.52 | POSITIVE | CIFRW has a high relative strength, it outperformed 99.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CIFRW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CIFRW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CIFRW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.26 | NEUTRAL | The RSI value for CIFRW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests CIFRW has a negative trend. |
| Stochastics (14,3) | 47.95 | NEUTRAL | The Stochastics value for CIFRW is a neutral value. |
| Average True Range in percent/ATR (20) | 18.71 | HIGH VOLATILITY | The high ATR as a percentage value for CIFRW suggests high volalility. |
| Average Directional Index/ADX (14) | 41.95 | POSITIVE | The high ADX value value for CIFRW 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 11.81 | 6.37 | 5.44 (46.06%) | 2.17% |
| An entry @11.81. This is a Buy Stop order right above the 10 day high. | An exit @6.37. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 5.44 points, which is 46.06%. | For a 1.00% total portfolio risk, you can invest 2.17% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
8.886
+1.44 (+19.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg19.28%
1 Week-5.47%
2 Weeks4.54%
1 Month97.03%
3 Month477.01%
6 Month2015.71%
12 Month492.4%
2 Year1333.46%
3 Year7978.18%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.03
ATR(20)%18.71%
ATR Inc35.13%
Range Today1.57
ADR(20)1.56
ADR(20)%17.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.52
3 months CRS99.87
6 months CRS99.95
Mansfield34.96
10 Day High11.8
10 Day Low6.32
20 Day High11.8
20 Day Low4.02
52 Week High11.8
52 Week Low0.16
CS1 End6.38
CR1 StartN/A
Volume & EV
DER(3)5.41%
DER(5)4.19%
Volume242.40K
Volume Incr-17.89%
Vol(5)274.28K
Vol(50)322.55K