IFA Technical Analysis - IFABRIC CORP

Technical Rating and Analysis

We assign a technical rating of 8 out of 10 to IFA. Although IFA is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

IFA is one of the lesser performing stocks in the Textiles, Apparel & Luxury Goods industry. 75% of 5 stocks in the same industry do better.

Warning: IFA has an average volume of 16649 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

Both the short term and long term trends are positive. This is a very positive sign.

When compared to the yearly performance of all other stocks, IFA outperforms 68% of them, which is more or less in line with the market.

IFA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so IFA is lagging the market.

In the last month IFA has a been trading in the 0.98 - 1.43 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

IFA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

1.03

1.20

2 important support areas can be observed.

A support zone ranging from 1.18 to 1.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
A support zone ranging from 1.04 to 1.05. This zone is formed by a combination of multiple trend lines in the daily time frame.

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What is Support and Resistance

Support and Resistance indicators

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Technical Indicator Signal Analysis

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	UP	POSITIVE	The long term trend for IFA.CA is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for IFA.CA is up.
ChartMill Relative Strength	68.94	NEUTRAL	IFA.CA is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)	UP	MIXED	The current price of IFA.CA is below the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of IFA.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of IFA.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)	50.23	NEUTRAL	The RSI value for IFA.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.01	NEGATIVE	The MACD value suggests IFA.CA has a negative trend.
Stochastics (14,3)	52.82	NEUTRAL	The Stochastics value for IFA.CA is a neutral value.
Average True Range in percent/ATR (20)	7.94	HIGH VOLATILITY	The high ATR as a percentage value for IFA.CA suggests high volalility.
Average Directional Index/ADX (14)	31.01	POSITIVE	The high ADX value value for IFA.CA suggests a strong trend.