ISHARES MSCI INDIA ETF (INDA) Stock Technical Analysis
USA - NYSEARCA:INDA - US46429B5984 - ETF
54.45 USD
+0.39 (+0.71%)
54.46 USD
+0.01 (+0.02%)
Taking everything into account, INDA scores 4 out of 10 in our technical rating. In the past year, INDA was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, INDA is a bad performer in the overall market: 67% of all stocks are doing better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
INDA 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 INDA is lagging the market slightly.
INDA has an average volume of 4793230 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month INDA has a been trading in a tight range between 51.98 and 54.59.
INDA has an average technical rating and it also does not offer a high quality setup 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
47.31
56.23
3 important support areas can be observed.
- A support zone ranging from 52.44 to 54.32. 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.
We can see 2 important resistance areas.
- Resistance @54.52 from a trend line in the weekly time frame.
- Resistance @55.67 from a horizontal line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for INDA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for INDA is up. |
| ChartMill Relative Strength | 33.93 | NEUTRAL | INDA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of INDA is above the rising 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) | 68.64 | NEUTRAL | The RSI value for INDA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests INDA has a positive trend. |
| Stochastics (14,3) | 90.95 | OVERBOUGHT | The high Stochastics value suggests INDA may be overbought. |
| Average True Range in percent/ATR (20) | 0.8 | LOW VOLATILITY | The low ATR as a percentage value for INDA suggests low volalility. |
| Average Directional Index/ADX (14) | 15.67 | NEGATIVE | The low ADX value for INDA suggests a weak or negative 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)
54.45
+0.39 (+0.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.71%
1 Week3.18%
2 Weeks3.81%
1 Month0.95%
3 Month-0.09%
6 Month4.19%
12 Month-3.73%
2 Year25.93%
3 Year29.03%
5 Year62.1%
10 Year91.19%
15 YearN/A
Volatility
ATR(14)0.46
ATR(20)%0.8%
ATR Inc58.22%
Range Today0.28
ADR(20)0.27
ADR(20)%0.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.93
Mansfield-0.68
10 Day High54.59
10 Day Low52.59
20 Day High54.59
20 Day Low51.98
52 Week High56.29
52 Week Low47.6
CS1 End54.32
CR1 Start54.52
Volume & EV
DER(3)-3.13%
DER(5)-3.72%
Volume4.58M
Volume Incr32.87%
Vol(5)5.39M
Vol(50)4.79M