GOOD WORKS ACQUISITIO -CW25 (CIFRW) Stock Technical Analysis
NASDAQ:CIFRW - Nasdaq - - Currency: USD
Taking everything into account, CIFRW scores 7 out of 10 in our technical rating. Although CIFRW has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month CIFRW has a been trading in the 0.42 - 1.50 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the yearly performance of all stocks, we notice that CIFRW is one of the better performing stocks in the market, outperforming 98% of all stocks. However, this relatively good performance is mostly due to a recent big move.
CIFRW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CIFRW is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although CIFRW has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
1.41
1.43
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 CIFRW is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CIFRW is up. |
| ChartMill Relative Strength | 98.59 | POSITIVE | CIFRW has a high relative strength, it outperformed 98.59% 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) | 83.57 | OVERBOUGHT | The high RSI value suggests CIFRW may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests CIFRW has a positive trend. |
| Stochastics (14,3) | 96.51 | OVERBOUGHT | The high Stochastics value suggests CIFRW may be overbought. |
| Average True Range in percent/ATR (20) | 8.97 | HIGH VOLATILITY | The high ATR as a percentage value for CIFRW suggests high volalility. |
| Average Directional Index/ADX (14) | 27.07 | 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)
1.42
+0.27 (+23.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg23.48%
1 Week144.83%
2 Weeks148.08%
1 Month209.57%
3 Month373.33%
6 Month-8.97%
12 Month-3.4%
2 Year49.46%
3 Year688.89%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%8.97%
ATR Inc176.79%
Range Today0.25
ADR(20)0.12
ADR(20)%8.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.59
Mansfield1.42
10 Day High1.5
10 Day Low0.47
20 Day High1.5
20 Day Low0.42
52 Week High2.74
52 Week Low0.16
CS1 End0.57
CR1 Start0.61
Volume & EV
DER(3)4.92%
DER(5)2.08%
Volume476.30K
Volume Incr220.58%
Vol(5)359.64K
Vol(50)125.14K