USA - NASDAQ:CNFR - US20731J1025 - Common Stock
Overall CNFR gets a technical rating of 8 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CNFR is showing a nice and steady performance.
CNFR has an excellent technical rating, but the quality of the setup is only medium 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.
0.71
We found 3 important support areas.
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. |
1.48
+0.29 (+24.38%)
ChartMill assigns a technical rating of 8 / 10 to CNFR.
The current trend direction for CONIFER HOLDINGS INC (CNFR) is Bullish.
CONIFER HOLDINGS INC (CNFR) has an RSI value of 58.9683. This indicates that the stock is currently neutral.
CONIFER HOLDINGS INC (CNFR) has a support level at 0.79. Check the full technical report for our detailed analysis of CNFR support and resistance levels.