INFLARX NV (IFRX) Technical Analysis
NASDAQ:IFRX • NL0012661870
Current stock price
IFRX Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to IFRX. In the last year, IFRX 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.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- IFRX is part of the Biotechnology industry. There are 516 other stocks in this industry. IFRX outperforms 73% of them.
- IFRX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so IFRX is lagging the market slightly.
- In the last month IFRX has a been trading in the 0.80 - 1.74 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Looking at the yearly performance, IFRX did better than 90% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
IFRX Weekly and Daily overview Charts
IFRX Setup Rating and Analysis
Although IFRX has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
IFRX Support and Resistance Analysis
0.80
When analyzing the support we can see 2 important areas.
- Support @0.88 from a trend line in the weekly time frame.
- Support @0.81 from a horizontal line in the daily time frame.
IFRX 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 | NEUTRAL | NEUTRAL | The long term trend for IFRX is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IFRX is up. |
| ChartMill Relative Strength | 90.64 | POSITIVE | IFRX has a high relative strength, it outperformed 90.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IFRX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IFRX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IFRX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 86.01 | OVERBOUGHT | The high RSI value suggests IFRX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests IFRX has a positive trend. |
| Stochastics (14,3) | 96.15 | OVERBOUGHT | The high Stochastics value suggests IFRX may be overbought. |
| Average True Range in percent/ATR (20) | 7.16 | HIGH VOLATILITY | The high ATR as a percentage value for IFRX suggests high volalility. |
| Average Directional Index/ADX (14) | 38.4 | POSITIVE | The high ADX value value for IFRX suggests a strong trend. |
IFRX Chart- and CandleStick Pattern Analysis
IFRX Technicals: Chart, Performance Metrics, Trend & Indicators
1.73
+0.07 (+4.22%)
INFLARX NV / IFRX TA FAQ
Can you provide the ChartMill technical rating for INFLARX NV?
ChartMill assigns a technical rating of 8 / 10 to IFRX.
What is the current trend direction of INFLARX NV (IFRX) stock?
The current trend direction for INFLARX NV (IFRX) is Bearish.
What is the RSI signal for IFRX stock?
INFLARX NV (IFRX) has an RSI value of 86.0051. This indicates that the stock is currently overbought.
What is the MACD signal for INFLARX NV (IFRX) stock?
The MACD indicator for INFLARX NV (IFRX) has a value of 0.0822956, indicating a bearish trend.
What is the short term momentum for INFLARX NV (IFRX) stock?
The short term momentum for INFLARX NV (IFRX) is positive.