ITAFOS INC (IFOS.CA) Stock Technical Analysis
TSX-V:IFOS - TSX Venture Exchange - KYG497151087 - Common Stock - Currency: CAD
We assign a technical rating of 10 out of 10 to IFOS. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, IFOS is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, IFOS did better than 92% of all other stocks. We also observe that the gains produced by IFOS over the past year are nicely spread over this period.
IFOS is one of the better performing stocks in the Chemicals industry, it outperforms 92% of 29 stocks in the same industry.
IFOS is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
IFOS is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Besides having an excellent technical rating, IFOS also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price.
More info and screens
2.12
3.01
We found 4 important support areas.
- A support zone ranging from 2.55 to 2.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.28 from a trend line in the weekly time frame.
- Support @2.23 from a trend line in the daily time frame.
- Support @2.14 from a trend line in the daily time frame.
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 IFOS.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IFOS.CA is up. |
| ChartMill Relative Strength | 92.81 | POSITIVE | IFOS.CA has a high relative strength, it outperformed 92.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IFOS.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IFOS.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IFOS.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.24 | NEUTRAL | The RSI value for IFOS.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests IFOS.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.47 | OVERBOUGHT | The high Stochastics value suggests IFOS.CA may be overbought. |
| Average True Range in percent/ATR (20) | 3.93 | MEDIUM VOLATILITY | The ATR as a percentage value for IFOS.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 25.64 | POSITIVE | The high ADX value value for IFOS.CA 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)
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 |
|---|---|---|---|
| 3.11 | 2.71 | 0.40 (12.86%) | 7.78% |
| An entry @3.11. This is a Buy Stop order right above the 10 day high. | An exit @2.71. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.40 points, which is 12.86%. | When investing 7.78% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
TSX-V:IFOS (7/11/2025, 7:00:00 PM)
2.98
-0.01 (-0.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-0.33%
1 Week-3.25%
2 Weeks10.37%
1 Month16.86%
3 Month46.8%
6 Month60.22%
12 Month115.94%
2 Year96.05%
3 Year77.38%
5 Year893.33%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%3.93%
ATR Inc-22.22%
Range Today0.11
ADR(20)0.11
ADR(20)%3.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.81
Mansfield4.13
10 Day High3.1
10 Day Low2.72
20 Day High3.1
20 Day Low2.32
52 Week High3.1
52 Week Low1.32
CS1 End2.57
CR1 StartN/A
Volume & EV
DER(3)2.94%
DER(5)-5%
Volume15.58K
Volume Incr-35.61%
Vol(5)42.07K
Vol(50)53.81K