ABERDEEN INDONESIA FD INC (IF) Stock Technical Analysis
USA - NYSEARCA:IF - US00305P1066
7.13
+0.02 (+0.28%)
Taking everything into account, IF scores 0 out of 10 in our technical rating. IF's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, IF is a bad performer in the overall market: 78% of all stocks are doing better.
IF is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: IF has an average volume of 18856 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month IF has a been trading in the 6.88 - 7.67 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, IF does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 7.50. Right above this resistance zone may be a good entry point.
More info and screens
7.05
8.24
We found 1 important support area.
- Support @7.12 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 7.50 to 7.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @7.84 from a trend line in the daily time frame.
- A resistance zone ranging from 8.16 to 8.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for IF is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IF is down. |
| ChartMill Relative Strength | 22.44 | NEGATIVE | IF has a low relative strength, it was outperformed by 77.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IF is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IF is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IF is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.51 | NEUTRAL | The RSI value for IF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests IF has a negative trend. |
| Stochastics (14,3) | 34.6 | NEUTRAL | The Stochastics value for IF is a neutral value. |
| Average True Range in percent/ATR (20) | 2.65 | MEDIUM VOLATILITY | The ATR as a percentage value for IF suggests some volalility. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NYSEARCA:IF (4/27/2018, 8:04:01 PM)
7.13
+0.02 (+0.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.28%
1 Week-4.55%
2 Weeks-5.19%
1 Month-2.19%
3 Month-12.52%
6 Month-6.92%
12 Month-4.17%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%2.65%
ATR Inc-39.43%
Range Today0.13
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.44
Mansfield-0.99
10 Day High7.67
10 Day Low6.88
20 Day High7.67
20 Day Low6.88
52 Week High8.18
52 Week Low6.88
CS1 End7.12
CR1 Start7.5
Volume & EV
DER(3)-4.85%
DER(5)-1.91%
Volume16.30K
Volume Incr69.11%
Vol(5)34.16K
Vol(50)18.86K