INFOBIRD CO LTD (IFBD) Stock Technical Analysis
NASDAQ:IFBD - Nasdaq - KYG477243003 - Common Stock - Currency: USD
Taking everything into account, IFBD scores 0 out of 10 in our technical rating. IFBD'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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
93% of all other stocks performed better in the past year than IFBD.
IFBD is one of the lesser performing stocks in the Software industry. 79% of 283 stocks in the same industry do better.
IFBD is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
Warning: IFBD has an average volume of 15190 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month IFBD has a been trading in the 0.96 - 1.12 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, IFBD does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 1.00, a Stop Loss order could be placed below this zone.
More info and screens
0.96
1.40
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.99 to 1.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.97 from a horizontal line in the daily time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 1.00 to 1.02. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 1.04 to 1.05. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 1.08 to 1.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.13 from a horizontal line in the daily time frame.
- Resistance @1.39 from a trend line in the weekly time frame.
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 IFBD is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IFBD is neutral. |
| ChartMill Relative Strength | 7.39 | NEGATIVE | IFBD has a low relative strength, it was outperformed by 92.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IFBD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IFBD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IFBD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.82 | NEUTRAL | The RSI value for IFBD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests IFBD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 29.46 | NEUTRAL | The Stochastics value for IFBD is a neutral value. |
| Average True Range in percent/ATR (20) | 4.12 | MEDIUM VOLATILITY | The ATR as a percentage value for IFBD suggests some volalility. |
| Average Directional Index/ADX (14) | 23.39 | NEUTRAL | The ADX value for IFBD suggests a possible start of a new trend. |
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)
1
+0 (+0.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.48%
1 Week-1.96%
2 Weeks1%
1 Month-7.98%
3 Month-10.71%
6 Month-47.37%
12 Month-48.45%
2 Year-97.6%
3 Year-99.93%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%4.12%
ATR Inc-32.46%
Range Today0.05
ADR(20)0.04
ADR(20)%3.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.39
Mansfield-4.53
10 Day High1.07
10 Day Low0.96
20 Day High1.12
20 Day Low0.96
52 Week High3.32
52 Week Low0.89
CS1 End1
CR1 Start1
Volume & EV
DER(3)-3.56%
DER(5)1.65%
Volume6.00K
Volume Incr-40.96%
Vol(5)6.24K
Vol(50)15.19K