NYSE:IFF - New York Stock Exchange, Inc. - US4595061015 - Common Stock - Currency: USD
Overall IFF gets a technical rating of 2 out of 10. In the past year, IFF was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
Although the technical rating is bad, IFF 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 78.62. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 77.83, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for IFF in the last couple of days, which is a good sign.
71.78
We found 2 important support areas.
When analyzing the resistance we notice one important area.
77.88
+0.54 (+0.7%)