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Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Confluent, Inc. - Class A (NASDAQ:CFLT)
Countertrend Up (+85) - CFLT is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Nov 13th, 2024 at 28.950
The intermediate-term trend has been UP since Oct 10th, 2024 at 21.500
The short-term trend has been DOWN since Nov 15th, 2024 at 27.325
Smart Scan Analysis for CFLT
Based on our trend formula, CFLT is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 26.600 | 28.315 | 26.590 | 28.295 | +0.785 |
| Prev. Close | Volume | Bid | Ask | Time |
| 28.290 | 1890278 | 2024-11-19 15:59:36 |
| 52wk High | 35.07 | 52wk High Date | 2024-03-04 |
| 52wk Low | 17.79 | 52wk Low Date | 2024-08-05 |
| Average Volume | 4,490,512 | Shares Outstanding | 330,741 |
| Assets | 260,800,900M | Liabilities | 167,369,100M |
| P/E Ratio | -16.53700000 |