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Stock Trend Analysis Report

Prepared for you on Thursday, September 28, 2023.

Confluent, Inc. - Class A (NASDAQ:CFLT)

Strong Downtrend (-100) - CFLT is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, CFLT continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid CFLT?

MarketClub looks at technical strength and momentum to determine if the timing is right for CFLT.

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Open High Low CFLT Price Change
29.050 29.840 28.040 28.905 -0.345
Entry Signal

MarketClub’s Trade Triangles for CFLT

long term down The long-term trend has been DOWN since Sep 21st, 2023 at 30.49

intermediate term down The intermediate-term trend has been DOWN since Sep 19th, 2023 at 31.51

short term down The short-term trend has been DOWN since Sep 14th, 2023 at 32.71

Smart Scan Analysis for CFLT

Based on our trend formula, CFLT is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for CFLT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
29.050 29.840 28.040 28.905 -0.345
Prev. Close Volume Bid Ask Time
29.250 5384408 2023-09-28 15:59:53
52wk High41.223552wk High Date2023-07-19
52wk Low16.652wk Low Date2023-01-06
Average Volume3,667,246Shares Outstanding302,422
P/E Ratio-16.53700000
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