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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.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CFLT
The long-term trend has been DOWN since Sep 21st, 2023 at 30.49
The intermediate-term trend has been DOWN since Sep 19th, 2023 at 31.51
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).
| 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 High | 41.2235 | 52wk High Date | 2023-07-19 |
| 52wk Low | 16.6 | 52wk Low Date | 2023-01-06 |
| Average Volume | 3,667,246 | Shares Outstanding | 302,422 |
| Assets | 232,764,000M | Liabilities | 156,625,400M |
| P/E Ratio | -16.53700000 |