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Stock Trend Analysis Report
Prepared for you on Thursday, August 18, 2022.
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 Aug 5th, 2022 at 33.72
The intermediate-term trend has been UP since Aug 3rd, 2022 at 28.79
The short-term trend has been DOWN since Aug 9th, 2022 at 30.37
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 |
|---|---|---|---|---|
| 30.91 | 31.50 | 30.04 | 30.59 | -1.19 |
| Prev. Close | Volume | Bid | Ask | Time |
| 30.60 | 1392411 | 2022-08-17 15:59:43 |
| 52wk High | 94.97 | 52wk High Date | 2021-11-05 |
| 52wk Low | 16.4828 | 52wk Low Date | 2022-05-24 |
| Average Volume | 2,580,557 | Shares Outstanding | 281,948 |
| Assets | 231,750,100M | Liabilities | 148,143,200M |
| P/E Ratio | -19.56040000 |