Osprey Technology Acquisition Corp Cl A (SFTW) Stock Technical Analysis
USA - NYSE:SFTW -
Taking everything into account, SFTW scores 7 out of 10 in our technical rating. 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.
Although SFTW has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
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9.80
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. |
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 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.
What is the current trend direction of Osprey Technology Acquisition Corp Cl A (SFTW) stock?
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.
What are the support and resistance levels for Osprey Technology Acquisition Corp Cl A (SFTW) stock?
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.