CONIFER HOLDINGS INC (CNFR) Stock Technical Analysis
USA - NASDAQ:CNFR - US20731J1025 - Common Stock
1.32 USD
-0.31 (-19.02%)
1.29 USD
-0.03 (-2.27%)
We assign a technical rating of 9 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.
The long and short term trends are both positive. This is looking good!
CNFR is part of the Insurance industry. There are 146 other stocks in this industry. CNFR outperforms 93% of them.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
CNFR has an average volume of 1039370 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 91% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
CNFR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CNFR is lagging the market.
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.
Although CNFR has an excellent technical rating, it does not offer a high quality setup 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
0.71
1.33
3 important support areas can be observed.
- A support zone ranging from 0.77 to 0.78. 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.
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 | UP | POSITIVE | The short term trend for CNFR is up. |
| ChartMill Relative Strength | 91.48 | POSITIVE | CNFR has a high relative strength, it outperformed 91.48% 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) | 55.62 | NEUTRAL | The RSI value for CNFR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests CNFR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 57.38 | NEUTRAL | The Stochastics value for CNFR is a neutral value. |
| Average True Range in percent/ATR (20) | 16.52 | HIGH VOLATILITY | The high ATR as a percentage value for CNFR suggests high volalility. |
| Average Directional Index/ADX (14) | 43.72 | POSITIVE | The high ADX value value for CNFR 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)
1.32
-0.31 (-19.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-19.02%
1 Week16.65%
2 Weeks74.26%
1 Month63.02%
3 Month67.26%
6 Month93.27%
12 Month36.08%
2 Year14.75%
3 Year-18.01%
5 Year-54.17%
10 Year-86.46%
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%16.52%
ATR Inc16.61%
Range Today0.25
ADR(20)0.19
ADR(20)%14.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.48
Mansfield2.62
10 Day High2.21
10 Day Low0.76
20 Day High2.21
20 Day Low0.71
52 Week High2.21
52 Week Low0.42
CS1 End0.78
CR1 StartN/A
Volume & EV
DER(3)-13.28%
DER(5)-5.93%
Volume268.60K
Volume Incr2171.33%
Vol(5)8.81M
Vol(50)1.04M