CONIFER HOLDINGS INC (CNFR) Stock Technical Analysis
NASDAQ:CNFR - Nasdaq - US20731J1025 - Common Stock - Currency: USD
Taking everything into account, CNFR scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. CNFR was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, CNFR is a bad performer in the overall market: 85% of all stocks are doing better.
CNFR is part of the Insurance industry. There are 142 other stocks in this industry, of which 87% are performing better than CNFR.
CNFR 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 CNFR is lagging the market.
Warning: CNFR has an average volume of 29028 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month CNFR has a been trading in the 0.70 - 0.87 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, CNFR does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 0.76, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
0.75
1.58
When analyzing the support we notice one important area.
- A support zone ranging from 0.76 to 0.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- Resistance @0.82 from a trend line in the daily time frame.
- Resistance @0.84 from a horizontal line in the weekly time frame.
- Resistance @0.87 from a horizontal line in the daily time frame.
- Resistance @1.47 from a trend line in the weekly time frame.
- Resistance @1.56 from a horizontal line in the weekly 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 | DOWN | NEGATIVE | The long term trend for CNFR is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CNFR is up. |
| ChartMill Relative Strength | 15.86 | NEGATIVE | CNFR has a low relative strength, it was outperformed by 84.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CNFR is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CNFR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CNFR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.16 | NEUTRAL | The RSI value for CNFR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CNFR has a negative trend. |
| Stochastics (14,3) | 31.65 | NEUTRAL | The Stochastics value for CNFR is a neutral value. |
| Average True Range in percent/ATR (20) | 6.05 | HIGH VOLATILITY | The high ATR as a percentage value for CNFR suggests high volalility. |
| Average Directional Index/ADX (14) | 17.07 | NEGATIVE | The low ADX value for CNFR suggests a weak or negative 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)
NASDAQ:CNFR (6/5/2025, 8:00:00 PM)
0.77
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0%
1 Week-7.49%
2 Weeks0%
1 Month11.59%
3 Month-17.13%
6 Month-33.62%
12 Month-23.21%
2 Year-54.71%
3 Year-50.64%
5 Year-71.77%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%6.05%
ATR Inc-100%
Range Today0
ADR(20)0.04
ADR(20)%4.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.86
Mansfield-2.03
10 Day High0.85
10 Day Low0.73
20 Day High0.87
20 Day Low0.7
52 Week High1.91
52 Week Low0.42
CS1 End0.76
CR1 Start0.82
Volume & EV
DER(3)2.54%
DER(5)2.08%
Volume3.10K
Volume Incr5.6%
Vol(5)14.32K
Vol(50)29.03K