INDIA FUND INC (IFN) Stock Technical Analysis
NYSE:IFN - New York Stock Exchange, Inc. - US4540891037 - Currency: USD
We assign a technical rating of 0 out of 10 to IFN. IFN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, IFN is a bad performer in the overall market: 82% of all stocks are doing better.
In the last month IFN has a been trading in the 15.38 - 16.60 range, which is quite wide. It is currently trading near the lows of this range.
IFN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so IFN is lagging the market.
The technical rating of IFN is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
14.22
16.99
We found 1 important support area.
- Support @14.36 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 15.58 to 16.82. This zone is formed by a combination of multiple trend lines and important moving averages 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 IFN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IFN is down. |
| ChartMill Relative Strength | 18.87 | NEGATIVE | IFN has a low relative strength, it was outperformed by 81.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IFN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IFN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IFN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.03 | NEUTRAL | The RSI value for IFN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests IFN has a negative trend. |
| Stochastics (14,3) | 13.66 | OVERSOLD | The low Stochastics value suggests IFN may be oversold. |
| Average True Range in percent/ATR (20) | 1.15 | LOW VOLATILITY | The low ATR as a percentage value for IFN suggests low volalility. |
| Average Directional Index/ADX (14) | 27.6 | POSITIVE | The high ADX value value for IFN suggests a strong 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)
15.46
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week-2.58%
2 Weeks-3.8%
1 Month-6.59%
3 Month-4.8%
6 Month-3.56%
12 Month-14.02%
2 Year-9.7%
3 Year-11.45%
5 Year-4.74%
10 Year-44.65%
15 Year-51.21%
Volatility
ATR(14)0.19
ATR(20)%1.15%
ATR Inc47.94%
Range Today0.15
ADR(20)0.16
ADR(20)%1.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.87
Mansfield-1.43
10 Day High16.13
10 Day Low15.38
20 Day High16.6
20 Day Low15.38
52 Week High19.25
52 Week Low13.76
CS1 End14.36
CR1 Start15.58
Volume & EV
DER(3)-2.32%
DER(5)-1.92%
Volume201.30K
Volume Incr0.9%
Vol(5)166.80K
Vol(50)131.62K