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Advanced TA SearchArchive - 8/30/2024 - 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 a first positive week for the CF Industries (CF). During the week, the CF gained 2.68 points, or 3.33%, and closed at 83.09 on Friday, August 30, 2024. Weekly volume was -41% below average. Long-term trend: [See CF long-term trend chart] A long-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 support line (91.04) is broken. A broken support is considered to be a long-term bearish 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 support in a long-term trend. Medium-term trend: [See CF medium-term trend chart] A medium-term downtrend had started on March 20, 2024 at 87.04 and reached 69.13 on July 9, 2024. CF lost 17.91 points, or 20.58%, in 15 weeks. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (65.51) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. CF may retest the broken resistance line. It is considered to be a support line now. 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 Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help. The weekly MACD line is above its signal line since August 9, 2024. 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 July 9, 2024 at 69.13 and reached 83.44 on August 29, 2024. CF gained -14.31 points, or -20.70%, in 51 days. Price is near the trend high. Daily Technical Indicators: [See CF daily technical indicators chart] Daily Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range and Lane's Stochastic. Daily MACD has bearish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with daily MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Use the following link to access Lane's Stochastic help. The daily MACD line is above its signal line since July 15, 2024. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term uptrend is getting stronger.
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