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S&P 500 Oversold StocksArchive - 3/15/2024 - Sign In to see current Signals. |
CF Industries (CF) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was the negative week for the CF Industries (CF). During the week, the CF dropped -0.92 points, or -1.09%, and closed at 83.42 on Friday, March 15, 2024. Weekly volume was 47% above average. CF is a member of Materials Sector. Materials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry. Long-term trend: [See CF long-term trend chart] A long-term downtrend had started on August 26, 2022 at 119.60 and reached 60.08 on June 1, 2023. CF lost 59.52 points, or 49.77%, in 39 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (79.60) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend. Medium-term trend: [See CF medium-term trend chart] A medium-term uptrend had started on June 1, 2023 at 60.08 and reached 87.90 on September 26, 2023. CF gained -27.82 points, or -46.30%, in 16 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (77.88) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend. Weekly Technical Indicators: [See CF weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is above its signal line since February 23, 2024. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. Use the following link to access a MACD help. Short-term trend: [See CF short-term trend chart] A short-term uptrend had started on December 5, 2023 at 72.80 and reached 86.33 on March 13, 2024. CF gained -13.53 points, or -18.59%, in 99 days. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (75.92) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a short-term trend. Daily Technical Indicators: [See CF daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since February 6, 2024. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.
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Daily Oscillators |
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Weekly Oscillators |
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Trading
Signals |
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Sector and
Industry |
Description |
Name |
Rank |
Sector |
Materials |
10 |
Industry |
Fertilizers & Agricultural Chemicals |
68 |
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Daily Trend |
Description |
Value |
Direction |
Up |
Chart Pattern |
Rising Channel |
Low |
73.65 |
Low Date |
01/22/2024 |
High |
86.33 |
High Date |
03/13/2024 |
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Weekly Trend |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Symmetric Triangle |
Status |
Broken Resistance |
Resistance |
64.35 |
Support |
75.92 |
Low |
72.80 |
Low Date |
12/05/2023 |
High |
86.33 |
High Date |
03/13/2024 |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Symmetric Triangle |
Status |
Broken Resistance |
Resistance |
81.20 |
Support |
77.88 |
Low |
60.08 |
Low Date |
06/01/2023 |
High |
87.90 |
High Date |
09/26/2023 |
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Quarterly Trend |
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Description |
Value |
Direction |
Down |
Chart Pattern |
Symmetric Triangle |
Status |
Broken Resistance |
Resistance |
74.10 |
Support |
79.60 |
High |
119.60 |
High Date |
08/26/2022 |
Low |
60.08 |
Low Date |
06/01/2023 |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Uptrend |
Status |
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Resistance |
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Support |
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Low |
19.73 |
Low Date |
03/18/2020 |
High |
119.60 |
High Date |
08/26/2022 |
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