Taking everything into account, IF scores 0 out of 10 in our technical rating. IF scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
IF has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. 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
We found 1 important support area.
- Support @7.12 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- 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. |
NYSEARCA:IF (4/27/2018, 8:04:01 PM)
7.13
+0.02 (+0.28%)
ABERDEEN INDONESIA FD INC / IF FAQ
Can you provide the ChartMill technical rating for ABERDEEN INDONESIA FD INC?
ChartMill assigns a technical rating of 0 / 10 to IF.
Can you provide the trend direction for ABERDEEN INDONESIA FD INC?
The current trend direction for ABERDEEN INDONESIA FD INC (IF) is Bearish.
What is the RSI signal for IF stock?
ABERDEEN INDONESIA FD INC (IF) has an RSI value of 42.5106. This indicates that the stock is currently neutral.
What is the MACD signal for IF stock?
The MACD indicator for ABERDEEN INDONESIA FD INC (IF) has a value of -0.031131, indicating a bearish trend.
What is the short term momentum for ABERDEEN INDONESIA FD INC (IF) stock?
The short term momentum for ABERDEEN INDONESIA FD INC (IF) is negative.