Osprey Technology Acquisition Corp Cl A (SFTW) Technical Analysis
NYSE:SFTW
Current stock price
SFTW Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to SFTW. In the last year, SFTW was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- SFTW 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.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month SFTW has a been trading in the 9.67 - 11.80 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- When comparing the performance of all stocks over the past year, SFTW turns out to be only a medium performer in the overall market: it outperformed 51% of all stocks.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
SFTW Weekly and Daily overview Charts
SFTW Setup Rating and Analysis
Although SFTW has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
SFTW Support and Resistance Analysis
9.80
We found 1 important support area.
- A support zone ranging from 9.90 to 10.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
SFTW 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 | NEUTRAL | NEUTRAL | The long term trend for SFTW is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SFTW is up. |
| ChartMill Relative Strength | 51.62 | NEUTRAL | SFTW is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SFTW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SFTW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SFTW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 88.12 | OVERBOUGHT | The high RSI value suggests SFTW may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests SFTW has a positive trend. |
| Stochastics (14,3) | 72.75 | NEUTRAL | The Stochastics value for SFTW is a neutral value. |
| Average True Range in percent/ATR (20) | 2.02 | MEDIUM VOLATILITY | The ATR as a percentage value for SFTW suggests some volalility. |
SFTW Chart- and CandleStick Pattern Analysis
SFTW Technicals: Chart, Performance Metrics, Trend & Indicators
Osprey Technology Acquisition Corp Cl A
NYSE:SFTW (9/9/2021, 8:04:00 PM)
After market: 11.77 +0.36 (+3.16%)11.41
+1.01 (+9.71%)
Osprey Technology Acquisition Corp Cl A / SFTW TA FAQ
Can you provide the ChartMill technical rating for Osprey Technology Acquisition Corp Cl A?
ChartMill assigns a technical rating of 7 / 10 to SFTW.
Can you provide the trend direction for Osprey Technology Acquisition Corp Cl A?
The current trend direction for Osprey Technology Acquisition Corp Cl A (SFTW) is Bearish.
What is the RSI signal for SFTW stock?
Osprey Technology Acquisition Corp Cl A (SFTW) has an RSI value of 88.1165. This indicates that the stock is currently overbought.
What is the short term momentum for SFTW stock?
The short term momentum for Osprey Technology Acquisition Corp Cl A (SFTW) is positive.
Can you provide the support and resistance levels for Osprey Technology Acquisition Corp Cl A?
Osprey Technology Acquisition Corp Cl A (SFTW) has a support level at 10.25. Check the full technical report for our detailed analysis of SFTW support and resistance levels.