INDIA FUND INC (IFN) Stock Technical Analysis
NYSE:IFN - US4540891037
15.28 USD
-0.15 (-0.97%)
15.2 USD
-0.08 (-0.52%)
We assign a technical rating of 0 out of 10 to IFN. IFN'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.
85% of all other stocks performed better in the past year than IFN.
IFN is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month IFN has a been trading in a tight range between 15.19 and 15.95.
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
When analyzing the support we notice one important area.
- Support @14.36 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 15.42 to 15.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 16.19 to 16.82. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The short term trend for IFN is neutral. |
| ChartMill Relative Strength | 15.16 | NEGATIVE | IFN has a low relative strength, it was outperformed by 84.84% 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) | 39.06 | NEUTRAL | The RSI value for IFN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests IFN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 45.45 | NEUTRAL | The Stochastics value for IFN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.24 | LOW VOLATILITY | The low ATR as a percentage value for IFN suggests low volalility. |
| Average Directional Index/ADX (14) | 27.52 | 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)
15.28
-0.15 (-0.97%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.97%
1 Week-2.61%
2 Weeks-0.33%
1 Month-2.3%
3 Month-6.66%
6 Month5.67%
12 Month-16.37%
2 Year-7.23%
3 Year-12.79%
5 Year-8.5%
10 Year-37.35%
15 Year-53.41%
Volatility
ATR(14)0.19
ATR(20)%1.24%
ATR Inc163.28%
Range Today0.22
ADR(20)0.15
ADR(20)%1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.16
Mansfield-1.46
10 Day High15.95
10 Day Low15.19
20 Day High15.95
20 Day Low15.19
52 Week High19.25
52 Week Low13.76
CS1 End14.36
CR1 Start15.42
Volume & EV
DER(3)3.59%
DER(5)3.21%
Volume255.50K
Volume Incr8.45%
Vol(5)166.20K
Vol(50)153.61K