ISHARES MSCI INDIA ETF (INDA) Stock Technical Analysis
USA - NYSEARCA:INDA - US46429B5984 - ETF
53.06 USD
-0.44 (-0.82%)
52.9 USD
-0.16 (-0.3%)
Taking everything into account, INDA scores 1 out of 10 in our technical rating. INDA's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
82% of all other stocks performed better in the past year than INDA.
INDA has an average volume of 5998930 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
INDA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so INDA is lagging the market.
In the last month INDA has a been trading in a tight range between 51.83 and 54.45.
The technical rating of INDA is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside 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 52.52 to 53.02. 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.
2 important resistance areas can be observed.
- A resistance zone ranging from 53.25 to 54.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | NEUTRAL | NEUTRAL | The short term trend for INDA is neutral. |
| ChartMill Relative Strength | 18.78 | NEGATIVE | INDA has a low relative strength, it was outperformed by 81.22% off all stocks 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) | DOWN | NEGATIVE | The current price of INDA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of INDA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.42 | NEUTRAL | The RSI value for INDA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests INDA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 55.08 | NEUTRAL | The Stochastics value for INDA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.73 | LOW VOLATILITY | The low ATR as a percentage value for INDA suggests low volalility. |
| Average Directional Index/ADX (14) | 16.25 | 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)
53.06
-0.44 (-0.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.82%
1 Week-1.5%
2 Weeks0.66%
1 Month-0.32%
3 Month-5.01%
6 Month3.47%
12 Month-10.27%
2 Year19.99%
3 Year30.11%
5 Year56.7%
10 Year85.72%
15 YearN/A
Volatility
ATR(14)0.36
ATR(20)%0.73%
ATR Inc31.81%
Range Today0.2
ADR(20)0.22
ADR(20)%0.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.78
Mansfield-1.01
10 Day High54.45
10 Day Low53.03
20 Day High54.45
20 Day Low51.83
52 Week High58.67
52 Week Low47.6
CS1 End53.02
CR1 Start53.25
Volume & EV
DER(3)0.16%
DER(5)0.46%
Volume3.23M
Volume Incr-17.67%
Vol(5)4.10M
Vol(50)6.00M