Technical Analysis for CFLT - Confluent, Inc.

Grade Last Price % Change Price Change
F 24.51 -5.95% -1.55
CFLT closed down 5.95 percent on Thursday, July 18, 2024, on 1.15 times normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
Earnings due: Jul 31
*** please verify all earnings dates ***
8 Watchers
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
Stochastic Reached Oversold Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Spinning Top Other -5.95%
Spinning Top Other -6.09%
Oversold Stochastic Weakness -6.09%
Slingshot Bearish Bearish Swing Setup -7.72%
NR7 Range Contraction -7.72%
Lower Bollinger Band Walk Weakness -7.72%

   Recent Intraday Alerts

Alert Time
Fell Below Lower Bollinger Band about 18 hours ago
Down 5% about 19 hours ago
Lower Bollinger Band Support about 19 hours ago
Down 1 ATR about 20 hours ago
Down 3% about 20 hours ago

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Profile

Confluent is pioneering a fundamentally new category of data infrastructure focused on data in motion. Confluent’s cloud-native offering is the foundational platform for data in motion – designed to be the intelligent connective tissue enabling real-time data, from multiple sources, to constantly stream across the organization. With Confluent, organizations can meet the new business imperative of delivering rich, digital front-end customer experiences and transitioning to sophisticated, real-time, software-driven backend operations.
Classification

Sector: Technology
Industry: Software - Infrastructure
Keywords: Cloud Computing Cloud Infrastructure Data

Is CFLT a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 38.189
52 Week Low 14.69
Average Volume 3,954,184
200-Day Moving Average 27.04
50-Day Moving Average 28.30
20-Day Moving Average 27.40
10-Day Moving Average 26.66
Average True Range 1.29
RSI (14) 35.48
ADX 21.06
+DI 12.45
-DI 33.09
Chandelier Exit (Long, 3 ATRs) 26.24
Chandelier Exit (Short, 3 ATRs) 27.91
Upper Bollinger Bands 30.39
Lower Bollinger Band 24.40
Percent B (%b) 0.02
BandWidth 21.84
MACD Line -0.69
MACD Signal Line -0.40
MACD Histogram -0.2967
Fundamentals Value
Market Cap 5.38 Billion
Num Shares 219 Million
EPS -1.47
Price-to-Earnings (P/E) Ratio -16.67
Price-to-Sales 12.57
Price-to-Book 12.37
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 27.83
Resistance 3 (R3) 28.04 27.14 27.27
Resistance 2 (R2) 27.14 26.30 27.04 27.09
Resistance 1 (R1) 25.83 25.78 25.38 25.62 26.90
Pivot Point 24.93 24.93 24.71 24.83 24.93
Support 1 (S1) 23.62 24.09 23.17 23.41 22.12
Support 2 (S2) 22.72 23.57 22.62 21.93
Support 3 (S3) 21.41 22.72 21.75
Support 4 (S4) 21.20