ABERDEEN INDIA FUND INC (IFN) Technical Analysis
NYSE:IFN • US4540891037
Current stock price
11.04 USD
-0.13 (-1.16%)
At close:
11.1 USD
+0.06 (+0.54%)
After Hours:
IFN Technical Rating and Analysis
Overall IFN gets a technical rating of 0 out of 10. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 87% of all other stocks performed better in the past year than IFN.
- IFN is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so IFN is lagging the market.
- In the last month IFN has a been trading in the 10.84 - 12.62 range, which is quite wide. It is currently trading near the lows of this range.
IFN Weekly and Daily overview Charts
IFN Setup Rating and Analysis
IFN has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
More info and screens
IFN Support and Resistance Analysis
10.93
15.42
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 11.05 to 11.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @13.50 from a trend line in the daily time frame.
- Resistance @13.88 from a trend line in the weekly time frame.
- A resistance zone ranging from 14.11 to 14.23. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 15.15 to 15.27. This zone is formed by a combination of multiple trend lines in the daily time frame.
IFN 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 | 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 | 13.5 | NEGATIVE | IFN has a low relative strength, it was outperformed by 86.5% 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) | 30.21 | NEUTRAL | The RSI value for IFN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests IFN has a positive trend. |
| Stochastics (14,3) | 25.5 | NEUTRAL | The Stochastics value for IFN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.46 | MEDIUM VOLATILITY | The ATR as a percentage value for IFN suggests some volalility. |
| Average Directional Index/ADX (14) | 52.85 | POSITIVE | The high ADX value value for IFN suggests a strong trend. |
IFN Chart- and CandleStick Pattern Analysis
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)
IFN Technicals: Chart, Performance Metrics, Trend & Indicators
11.04
-0.13 (-1.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.16%
1 Week-0.36%
2 Weeks-4.75%
1 Month-12.45%
3 Month-21.37%
6 Month-25.15%
12 Month-23.17%
2 Year-39.51%
3 Year-29.14%
5 Year-45.83%
10 Year-51.41%
15 Year-64.96%
Volatility
ATR(14)0.28
ATR(20)%2.46%
ATR Inc5.5%
Range Today0.19
ADR(20)0.25
ADR(20)%2.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.5
3 months CRS16.7
6 months CRS20.58
Mansfield-2.67
10 Day High11.57
10 Day Low10.84
20 Day High12.62
20 Day Low10.84
52 Week High16.95
52 Week Low10.84
CS1 EndN/A
CR1 Start11.05
Volume & EV
DER(3)-0.18%
DER(5)-1.32%
Volume233.10K
Volume Incr24.52%
Vol(5)333.02K
Vol(50)278.77K
ABERDEEN INDIA FUND INC / IFN TA FAQ
Can you provide the ChartMill technical rating for ABERDEEN INDIA FUND INC?
ChartMill assigns a technical rating of 0 / 10 to IFN.
What is the current trend direction of ABERDEEN INDIA FUND INC (IFN) stock?
The current trend direction for ABERDEEN INDIA FUND INC (IFN) is Bearish.
What is the RSI signal for ABERDEEN INDIA FUND INC (IFN) stock?
ABERDEEN INDIA FUND INC (IFN) has an RSI value of 30.2142. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ABERDEEN INDIA FUND INC?
The short term momentum for ABERDEEN INDIA FUND INC (IFN) is negative.
What is the buy/sell signal for ABERDEEN INDIA FUND INC (IFN) stock?
The buy/sell signal for ABERDEEN INDIA FUND INC (IFN) is sell as both the short term and long term trends are negative.