ABERDEEN INDIA FUND INC (IFN) Technical Analysis
NYSE:IFN • US4540891037
Current stock price
11.9 USD
+0.08 (+0.68%)
At close:
11.9 USD
0 (0%)
After Hours:
IFN Technical Rating and Analysis
We assign a technical rating of 1 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 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 the 10.84 - 12.08 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
IFN Weekly and Daily overview Charts
IFN Setup Rating and Analysis
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
IFN Support and Resistance Analysis
10.74
15.42
We found 1 important support area.
- A support zone ranging from 10.85 to 11.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 6 important areas.
- A resistance zone ranging from 11.91 to 11.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @13.37 from a trend line in the daily time frame.
- Resistance @13.75 from a trend line in the weekly time frame.
- Resistance @14.11 from a horizontal line in the daily time frame.
- Resistance @14.46 from a trend line in the daily time frame.
- Resistance @15.27 from a horizontal line 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 | NEUTRAL | NEUTRAL | The short term trend for IFN is neutral. |
| ChartMill Relative Strength | 15.15 | NEGATIVE | IFN has a low relative strength, it was outperformed by 84.85% off all stocks 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) | 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) | 52.59 | NEUTRAL | The RSI value for IFN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests IFN has a positive trend. |
| Stochastics (14,3) | 96.96 | OVERBOUGHT | The high Stochastics value suggests IFN may be overbought. |
| Average True Range in percent/ATR (20) | 2.29 | MEDIUM VOLATILITY | The ATR as a percentage value for IFN suggests some volalility. |
| Average Directional Index/ADX (14) | 38.03 | 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
11.9
+0.08 (+0.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.68%
1 Week6.34%
2 Weeks8.08%
1 Month0.34%
3 Month-14.94%
6 Month-21.86%
12 Month-22.32%
2 Year-34.79%
3 Year-23.62%
5 Year-41.61%
10 Year-47.62%
15 Year-62.23%
Volatility
ATR(14)0.28
ATR(20)%2.29%
ATR Inc-14.35%
Range Today0.32
ADR(20)0.23
ADR(20)%1.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.15
3 months CRS21.46
6 months CRS19.94
Mansfield-2.31
10 Day High11.93
10 Day Low10.84
20 Day High12.08
20 Day Low10.84
52 Week High16.95
52 Week Low10.84
CS1 End11
CR1 Start11.91
Volume & EV
DER(3)2.48%
DER(5)3.18%
Volume246.84K
Volume Incr-12.58%
Vol(5)236.29K
Vol(50)276.82K
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 1 / 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 52.5921. 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 neutral.