CONIFER HOLDINGS INC (CNFR)

US20731J1025 - Common Stock

1.01  +0.14 (+16.09%)

Technical Rating and Analysis

0

Overall CNFR gets a technical rating of 0 out of 10. CNFR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, CNFR is a bad performer in the overall market: 94% of all stocks are doing better.
CNFR is part of the Insurance industry. There are 141 other stocks in this industry, of which 90% are performing better than CNFR.
CNFR is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month CNFR has a been trading in the 0.87 - 1.26 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Warning: CNFR has an average volume of 4792 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Weekly and Daily overview Charts
CNFR Weekly chart
CNFR Daily chart
Setup Rating and Analysis

6

CNFR has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for CNFR in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

1.00

1.47

6 important resistance areas can be observed.

  • Resistance @1.17 from a trend line in the daily time frame.
  • Resistance @1.22 from a trend line in the weekly time frame.
  • Resistance @1.26 from a trend line in the weekly time frame.
  • Resistance @1.34 from a trend line in the daily time frame.
  • Resistance @1.38 from a horizontal line in the weekly time frame.
  • Resistance @1.46 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.18
Mansfield-4.04
10 Day High1.05
10 Day Low0.87
20 Day High1.26
20 Day Low0.87
52 Week High1.8
52 Week Low0.65
Performance
1 Week-9.94%
2 Weeks-3.33%
1 Month-21.83%
3 Month-36.5%
6 Month-21.62%
12 Month-48.21%
2 Year-41.61%
3 Year-67.54%
5 Year-77.86%
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)-0.01
RSI(14)39.78
LBB0.85
UBB1.04
CNFR Daily chart

CONIFER HOLDINGS INC

NASDAQ:CNFR (5/7/2024, 1:44:51 PM)

1.01

+0.14 (+16.09%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg16.09%
1 Week-9.94%
2 Weeks-3.33%
1 Month-21.83%
3 Month-36.5%
6 Month-21.62%
12 Month-48.21%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.1
ATR(20)%13.21%
ATR Inc
Range Today0.11
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 High1.05
10 Day Low0.87
20 Day High1.26
20 Day Low0.87
52 Week High1.8
52 Week Low0.65
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume11.19K
Volume Incr55.34%
Vol(5)7.06K
Vol(50)4.79K