Infosonics Corp (IFON) Stock Technical Analysis
NASDAQ:IFON - Nasdaq -
Taking everything into account, IFON scores 6 out of 10 in our technical rating. In the last year, IFON was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
IFON 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.
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!
When comparing the yearly performance of all stocks, we notice that IFON is one of the better performing stocks in the market, outperforming 91% of all 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 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
3.46
4.17
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.
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. |
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)
4.12
+0.07 (+1.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.73%
1 Week20.47%
2 Weeks6.46%
1 Month10.16%
3 Month-11.78%
6 Month146.71%
12 Month87.27%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.28
ATR(20)%8.74%
ATR Inc16.86%
Range Today0.32
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.1
Mansfield3.88
10 Day High4.18
10 Day Low3.25
20 Day High4.6
20 Day Low2.96
52 Week High11.5
52 Week Low1.2
CS1 End3.57
CR1 Start4.13
Volume & EV
DER(3)17.32%
DER(5)20.3%
Volume96.20K
Volume Incr-78.63%
Vol(5)66.88K
Vol(50)208.88K