Taking everything into account, INDA scores 4 out of 10 in our technical rating. In the last year, INDA was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
INDA has an average technical rating and it also does not offer a high quality setup 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.
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47.31
We found 3 important support areas.
- A support zone ranging from 53.08 to 54.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @51.54 from a horizontal line in the daily time frame.
- A support zone ranging from 47.79 to 48.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 54.32 to 55.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 59.14 to 59.21. 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 INDA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for INDA is neutral. |
| ChartMill Relative Strength | 45.86 | NEUTRAL | INDA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of INDA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of INDA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of INDA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.49 | NEUTRAL | The RSI value for INDA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests INDA has a positive trend. |
| Stochastics (14,3) | 37.18 | NEUTRAL | The Stochastics value for INDA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.86 | LOW VOLATILITY | The low ATR as a percentage value for INDA suggests low volalility. |
| Average Directional Index/ADX (14) | 16.76 | NEGATIVE | The low ADX value for INDA suggests a weak or negative trend. |
54.15
+0.87 (+1.63%)
ISHARES MSCI INDIA ETF / INDA FAQ
Can you provide the ChartMill technical rating for ISHARES MSCI INDIA ETF?
ChartMill assigns a technical rating of 4 / 10 to INDA.
What is the trend direction for INDA stock?
The current trend direction for ISHARES MSCI INDIA ETF (INDA) is Bearish.
What is the RSI signal for INDA stock?
ISHARES MSCI INDIA ETF (INDA) has an RSI value of 55.4862. This indicates that the stock is currently neutral.
What is the MACD signal for ISHARES MSCI INDIA ETF (INDA) stock?
The MACD indicator for ISHARES MSCI INDIA ETF (INDA) has a value of 0.00327894, indicating a bearish trend.
Can you provide the support and resistance levels for ISHARES MSCI INDIA ETF?
ISHARES MSCI INDIA ETF (INDA) has a support level at 54.04 and a resistance level at 54.32. Check the full technical report for our detailed analysis of INDA support and resistance levels.