INFLARX NV (IFRX) Stock Technical Analysis
NASDAQ:IFRX - Nasdaq - NL0012661870 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to IFRX. Although IFRX has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
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 short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
IFRX is part of the Biotechnology industry. There are 561 other stocks in this industry. IFRX outperforms 86% of them.
In the last month IFRX has a been trading in the 1.18 - 1.92 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, IFRX did better than 86% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
IFRX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so IFRX is lagging the market slightly.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
IFRX has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 1.85. Right above this resistance zone may be a good entry point.
More info and screens
1.63
1.88
We found 1 important support area.
- Support @1.65 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 1.85 to 1.86. 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 | 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 | 86.34 | POSITIVE | IFRX has a high relative strength, it outperformed 86.34% 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) | 62.52 | NEUTRAL | The RSI value for IFRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests IFRX has a positive trend. |
| Stochastics (14,3) | 73.33 | NEUTRAL | The Stochastics value for IFRX is a neutral value. |
| Average True Range in percent/ATR (20) | 10.07 | HIGH VOLATILITY | The high ATR as a percentage value for IFRX suggests high volalility. |
| Average Directional Index/ADX (14) | 22 | NEUTRAL | The ADX value for IFRX suggests a possible start of a new 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)
1.85
+0.03 (+1.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.65%
1 Week11.45%
2 Weeks14.91%
1 Month42.31%
3 Month1.09%
6 Month-11.06%
12 Month28.47%
2 Year-55.85%
3 Year16.35%
5 Year-79.02%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%10.07%
ATR Inc-3.24%
Range Today0.15
ADR(20)0.18
ADR(20)%9.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.34
Mansfield0.71
10 Day High1.92
10 Day Low1.53
20 Day High1.92
20 Day Low1.18
52 Week High2.82
52 Week Low0.82
CS1 End1.65
CR1 Start1.85
Volume & EV
DER(3)2.48%
DER(5)-0.84%
Volume212.70K
Volume Incr-47.17%
Vol(5)138.68K
Vol(50)293.18K