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Stock Trend Analysis Report

Prepared for you on Wednesday, May 1, 2024.

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

Weak Downtrend (-65) - CFLT is showing signs of a strengthening downtrend. Monitor CFLT as it may be building momentum to the downside.

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
28.35 29.30 27.94 28.22 +0.10
Entry Signal

MarketClub’s Trade Triangles for CFLT

long term up The long-term trend has been UP since Feb 8th, 2024 at 29.109

intermediate term down The intermediate-term trend has been DOWN since Mar 11th, 2024 at 31.540

short term down The short-term trend has been DOWN since May 1st, 2024 at 28.105

Smart Scan Analysis for CFLT

Based on our trend formula, CFLT is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for CFLT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
28.35 29.30 27.94 28.22 +0.10
Prev. Close Volume Bid Ask Time
28.12 2126580 2024-05-01 15:59:48
52wk High41.223552wk High Date2023-07-19
52wk Low14.6952wk Low Date2023-11-02
Average Volume3,270,799Shares Outstanding314,380
Assets246,080,900MLiabilities165,039,400M
P/E Ratio-16.53700000
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