Osprey Technology Acquisition Corp Cl A (SFTW) Stock Technical Analysis
NYSE:SFTW - New York Stock Exchange, Inc. -
We assign a technical rating of 7 out of 10 to SFTW. SFTW has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
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 compared to the yearly performance of all other stocks, SFTW outperforms 51% of them, which is more or less in line with the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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
9.80
11.52
When analyzing the support we notice one important 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.
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. |
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)
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%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg9.71%
1 Week13.65%
2 Weeks13.99%
1 Month13.99%
3 Month14.1%
6 Month-0.87%
12 Month13.53%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.33
ATR(20)%2.02%
ATR Inc791.54%
Range Today1.42
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.62
Mansfield-0.41
10 Day High11.8
10 Day Low9.67
20 Day High11.8
20 Day Low9.67
52 Week High17.47
52 Week Low9.67
CS1 End10.25
CR1 StartN/A
Volume & EV
DER(3)6.79%
DER(5)1.3%
Volume4.85M
Volume Incr780.76%
Vol(5)3.42M
Vol(50)855.73K