Confluent Inc Class A Shares Close the Day 13.0% Higher - Daily Wrap

The company saw its shares close the day 13.0% higher than yesterday, with trading volume lower than its 30 day average.

Jul 20, 2022 by Kwhen Finance Editors

Confluent Inc Class A Shares Close the Day 13.0% Higher - Daily Wrap
Confluent Inc Class A (CFLT) shares closed today 13.0% higher than it did at the end of yesterday. The stock is currently down 68.5% year-to-date, down 40.1% over the past 12 months, and down 46.6% over the past five years. Today, the Dow Jones Industrial Average rose 0.2%, and the S&P 500 rose 0.6%.

Trading Activity

  • Shares traded as high as $27.57 and as low as $22.95 this week.
  • Shares closed 71.4% below its 52-week high and 64.8% above its 52-week low.
  • Trading volume this week was 17.5% lower than the 10-day average and 44.0% lower than the 30-day average.
  • Beta, a measure of the stock’s volatility relative to the overall market stands at 2.8.

Technical Indicators

  • The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.
  • MACD, a trend-following momentum indicator, indicates a downward trend.
  • The stock closed below its Bollinger band, indicating it may be oversold.

Market Comparative Performance

  • The company's share price beats the S&P 500 Index today, lags it on a 1-year basis, and lags it on a 5-year basis
  • The company's share price beats the Dow Jones Industrial Average today, lags it on a 1-year basis, and lags it on a 5-year basis
NameDoD %ΔYTD %Δ1 Yr %52-Week H %52-Week L %
Confluent Inc Class A13.0-68.5-40.1-74.546.8
Dow Jones Industrial Average0.2-11.6-4.7-13.07.4
S&P 500 Index0.6-16.8-6.4-17.68.4
Technology Industry-4.847.2-18.2-28.154.6

Peer Group Comparative Performance

  • The company's stock price performance year-to-date lags the peer average by 194.2%
  • The company's stock price performance over the past 12 months lags the peer average by 369.4%
NameMKT CAP (USD)P/EYTD %Δ1 Yr %Δ52-Week H %52-Week L %
Confluent Inc Class ACFLT0-68.5-40.1-74.546.8
Peer AvgN/A0-23.3-8.5-41.234.6
Phreesia IncPHR0-46.3-65.0-70.570.1
Phunware IncPHUN0-46.830.8-94.368.3

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