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Stock Trend Analysis Report

Prepared for you on Tuesday, December 3, 2024.

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

Bull Market Weakness (+75) - CFLT is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CFLT as it may be in the beginning stages of a reversal.

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.

NASDAQ_CFLT
Open High Low CFLT Price Change
30.8300 31.5500 30.6716 31.0100 +0.1700
Entry Signal

MarketClub’s Trade Triangles for CFLT

long term up The long-term trend has been UP since Nov 13th, 2024 at 28.95

intermediate term up The intermediate-term trend has been UP since Oct 10th, 2024 at 21.50

short term down The short-term trend has been DOWN since Nov 27th, 2024 at 30.85

Smart Scan Analysis for CFLT

Based on our trend formula, CFLT is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for CFLT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
30.8300 31.5500 30.6716 31.0100 +0.1700
Prev. Close Volume Bid Ask Time
30.8400 2255483 2024-12-02 15:59:59
52wk High35.0752wk High Date2024-03-04
52wk Low17.7952wk Low Date2024-08-05
Average Volume4,762,649Shares Outstanding330,741
Assets260,800,900MLiabilities167,369,100M
P/E Ratio-16.53700000
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