Infosonics Corp (IFON) Technical Analysis
NASDAQ:IFON
Current stock price
IFON Technical Rating and Analysis
Taking everything into account, IFON scores 6 out of 10 in our technical rating. IFON has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
- IFON is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so IFON is lagging the market.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, IFON did better than 91% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- In the last month IFON has a been trading in the 2.96 - 4.60 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
IFON Weekly and Daily overview Charts
IFON Setup Rating and Analysis
IFON has an average technical rating and also the quality of the setup is only medium 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
IFON Support and Resistance Analysis
3.46
We found 1 important support area.
- A support zone ranging from 3.49 to 3.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 4.13 to 4.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
IFON 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 | UP | POSITIVE | The long term trend for IFON is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IFON is up. |
| ChartMill Relative Strength | 91.1 | POSITIVE | IFON has a high relative strength, it outperformed 91.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IFON is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of IFON is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IFON is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.41 | NEUTRAL | The RSI value for IFON is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests IFON has a positive trend. |
| Stochastics (14,3) | 93.39 | OVERBOUGHT | The high Stochastics value suggests IFON may be overbought. |
| Average True Range in percent/ATR (20) | 8.74 | HIGH VOLATILITY | The high ATR as a percentage value for IFON suggests high volalility. |
IFON Chart- and CandleStick Pattern Analysis
IFON Technicals: Chart, Performance Metrics, Trend & Indicators
4.12
+0.07 (+1.73%)
Infosonics Corp / IFON TA FAQ
What is the technical rating for IFON stock?
ChartMill assigns a technical rating of 5 / 10 to IFON.
What is the trend direction for IFON stock?
The current trend direction for Infosonics Corp (IFON) is Bullish.
What is the RSI signal for IFON stock?
Infosonics Corp (IFON) has an RSI value of 61.4145. This indicates that the stock is currently neutral.
Can you provide the MACD signal for Infosonics Corp?
The MACD indicator for Infosonics Corp (IFON) has a value of 0.0676104, indicating a bearish trend.
What are the support and resistance levels for Infosonics Corp (IFON) stock?
Infosonics Corp (IFON) has a support level at 3.57 and a resistance level at 4.13. Check the full technical report for our detailed analysis of IFON support and resistance levels.