INDIA FUND INC (IFN) Stock Technical Analysis
NYSE:IFN - New York Stock Exchange, Inc. - US4540891037 - Currency: USD
Overall IFN gets a technical rating of 8 out of 10. Although IFN is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
When comparing the performance of all stocks over the past year, IFN turns out to be only a medium performer in the overall market: it outperformed 65% of all stocks.
IFN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so IFN is lagging the market slightly.
In the last month IFN has a been trading in the 15.51 - 16.95 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.
IFN has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 16.30, a Stop Loss order could be placed below this zone.
More info and screens
14.23
17.24
When analyzing the support we can see 3 important areas.
- A support zone ranging from 16.19 to 16.30. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 15.58 to 15.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @14.37 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 16.50 to 17.07. 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 | UP | POSITIVE | The long term trend for IFN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IFN is up. |
| ChartMill Relative Strength | 65.27 | NEUTRAL | IFN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IFN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IFN is above the rising 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) | 55 | NEUTRAL | The RSI value for IFN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests IFN has a negative trend. |
| Stochastics (14,3) | 51.15 | NEUTRAL | The Stochastics value for IFN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.69 | LOW VOLATILITY | The low ATR as a percentage value for IFN suggests low volalility. |
| Average Directional Index/ADX (14) | 17.92 | NEGATIVE | The low ADX value for IFN suggests a weak or negative 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 16.51 | 16.18 | 0.33 (1.98%) | 25.00% |
| An entry @16.51. This is a Buy Stop order right above the 10 day moving average. | An exit @16.18. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.33 points, which is 1.98%. | For a 0.50% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of IFN. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSE:IFN (5/30/2025, 8:04:36 PM)
16.37
-0.08 (-0.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.49%
1 Week0.92%
2 Weeks-1.09%
1 Month0.8%
3 Month13.21%
6 Month-4.99%
12 Month-5.21%
2 Year6.85%
3 Year-5.1%
5 Year10.76%
10 Year-39.01%
15 Year-42.84%
Volatility
ATR(14)0.28
ATR(20)%1.69%
ATR Inc-35.31%
Range Today0.09
ADR(20)0.22
ADR(20)%1.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.27
Mansfield-0.65
10 Day High16.95
10 Day Low16.06
20 Day High16.95
20 Day Low15.51
52 Week High19.25
52 Week Low13.76
CS1 End16.3
CR1 Start16.5
Volume & EV
DER(3)2.02%
DER(5)2.89%
Volume56.60K
Volume Incr-48.58%
Vol(5)88.52K
Vol(50)172.86K