CONIFER HOLDINGS INC (CNFR) Technical Analysis
NASDAQ:CNFR • US20731J1025
Current stock price
1.48 USD
+0.29 (+24.38%)
At close:
1.52 USD
+0.04 (+2.7%)
After Hours:
CNFR Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to CNFR. Both in the recent history as in the last year, CNFR has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- CNFR is one of the better performing stocks in the Insurance industry, it outperforms 100% of 148 stocks in the same industry.
- CNFR has an average volume of 1059080 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that CNFR is one of the better performing stocks in the market, outperforming 93% of all stocks. However, this relatively good performance is mostly due to a recent big move.
- CNFR is currently trading in the middle 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 slightly.
- In the last month CNFR has a been trading in the 0.71 - 2.21 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CNFR Weekly and Daily overview Charts
CNFR Setup Rating and Analysis
Although CNFR has an excellent technical rating, the quality of the presented setup is not ideal 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.
More info and screens
CNFR Support and Resistance Analysis
0.71
1.49
We found 3 important support areas.
- A support zone ranging from 0.78 to 0.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.74 from a horizontal line in the daily time frame.
- Support @0.72 from a horizontal line in the daily time frame.
CNFR 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 | UP | POSITIVE | The long term trend for CNFR is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CNFR is neutral. |
| ChartMill Relative Strength | 93.88 | POSITIVE | CNFR has a high relative strength, it outperformed 93.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CNFR is above 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) | UP | POSITIVE | The current price of CNFR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.97 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 37.12 | NEUTRAL | The Stochastics value for CNFR is a neutral value. |
| Average True Range in percent/ATR (20) | 17.44 | HIGH VOLATILITY | The high ATR as a percentage value for CNFR suggests high volalility. |
| Average Directional Index/ADX (14) | 42.97 | POSITIVE | The high ADX value value for CNFR suggests a strong trend. |
CNFR Chart- and CandleStick Pattern Analysis
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)
CNFR Technicals: Chart, Performance Metrics, Trend & Indicators
1.48
+0.29 (+24.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg24.38%
1 Week12.12%
2 Weeks30.79%
1 Month88.63%
3 Month94.74%
6 Month214.89%
12 Month38.32%
2 Year28.66%
3 Year-8.07%
5 Year-48.61%
10 Year-84.82%
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%17.44%
ATR Inc-9.1%
Range Today0.48
ADR(20)0.23
ADR(20)%15.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.88
3 months CRSN/A
6 months CRSN/A
Mansfield4.2
10 Day High2.21
10 Day Low1.03
20 Day High2.21
20 Day Low0.71
52 Week High2.21
52 Week Low0.42
CS1 End0.79
CR1 StartN/A
Volume & EV
DER(3)5.62%
DER(5)-3.07%
Volume602.50K
Volume Incr-92.13%
Vol(5)203.50K
Vol(50)1.06M
CONIFER HOLDINGS INC / CNFR TA FAQ
What is the ChartMill technical rating of CONIFER HOLDINGS INC (CNFR) stock?
ChartMill assigns a technical rating of 8 / 10 to CNFR.
What is the trend direction for CNFR stock?
The current trend direction for CONIFER HOLDINGS INC (CNFR) is Bullish.
What is the RSI signal for CONIFER HOLDINGS INC (CNFR) stock?
CONIFER HOLDINGS INC (CNFR) has an RSI value of 58.9683. This indicates that the stock is currently neutral.
What is the short term momentum for CNFR stock?
The short term momentum for CONIFER HOLDINGS INC (CNFR) is neutral.