CNFINANCE HOLDINGS LTD (CNF)
US18979T1051 - ADR
Overall CNF gets a technical rating of 0 out of 10. CNF scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
86% of all other stocks performed better in the past year than CNF.
CNF is one of the lesser performing stocks in the Financial Services industry. 84% of 102 stocks in the same industry do better.
CNF 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 CNF is lagging the market.
In the last month CNF has a been trading in the 1.75 - 2.18 range, which is quite wide. It is currently trading near the lows of this range.
Warning: CNF has an average volume of 15292 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Although the technical rating is bad, CNF does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 2.06. Right above this resistance zone may be a good entry point.
More info and screens
1.77
2.25
When analyzing the support we notice one important area.
- Support @1.79 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 2.06 to 2.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.23 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.29
Mansfield-3.67
10 Day High2.05
10 Day Low1.75
20 Day High2.18
20 Day Low1.75
52 Week High4.1
52 Week Low1.53
Performance
1 Week0.54%
2 Weeks-9.76%
1 Month-13.55%
3 Month-18.5%
6 Month-39.14%
12 Month-28.02%
2 Year-39.54%
3 Year-49.59%
5 Year-68.61%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.02
RSI(14)34.72
LBB1.76
UBB2.15
CNFINANCE HOLDINGS LTD
NYSE:CNF (4/18/2024, 7:04:00 PM)
1.85
-0.02 (-1.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg-1.07%
1 Week0.54%
2 Weeks-9.76%
1 Month-13.55%
3 Month-18.5%
6 Month-39.14%
12 Month-28.02%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.11
ATR(20)%5.58%
ATR Inc
Range Today0.06
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High2.05
10 Day Low1.75
20 Day High2.18
20 Day Low1.75
52 Week High4.1
52 Week Low1.53
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume10.70K
Volume Incr-29.48%
Vol(5)10.24K
Vol(50)15.29K