RANGE INDIA FINANCIALS ETF (INDF) Stock Technical Analysis
NYSEARCA:INDF - NYSE Arca - US3015056407 - ETF - Currency: USD
Taking everything into account, INDF scores 7 out of 10 in our technical rating. Although INDF is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: INDF has an average volume of 6269 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
In the last month INDF has a been trading in the 36.88 - 39.90 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Looking at the yearly performance, INDF did better than 79% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
INDF 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 INDF is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
INDF has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 37.61, a Stop Loss order could be placed below this zone.
More info and screens
33.06
40.04
We found 2 important support areas.
- A support zone ranging from 37.25 to 37.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 33.39 to 33.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @39.01 from a trend line in the daily time frame.
- Resistance @39.64 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.84
Mansfield-0.12
10 Day High39.44
10 Day Low36.88
20 Day High39.9
20 Day Low36.88
52 Week High41.73
52 Week Low33.24
Performance
1 Week-0.23%
2 Weeks0.31%
1 Month-1.51%
3 Month14.36%
6 Month1.17%
12 Month5.34%
2 Year17.05%
3 Year24.36%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.05
RSI(14)54.95
LBB37.36
UBB39.9
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 39.02 | 37.24 | 1.78 (4.56%) | 21.92% |
| An entry @39.02. This is a Buy Stop order right above the resistance zone. | An exit @37.24. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.78 points, which is 4.56%. | When investing 21.92% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
38.7498
-0.53 (-1.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.34%
1 Week-0.23%
2 Weeks0.31%
1 Month-1.51%
3 Month14.36%
6 Month1.17%
12 Month5.34%
2 Year17.05%
3 Year24.36%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.75
ATR(20)%1.87%
ATR Inc-30.7%
Range Today0.23
ADR(20)0.56
ADR(20)%1.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.84
Mansfield-0.12
10 Day High39.44
10 Day Low36.88
20 Day High39.9
20 Day Low36.88
52 Week High41.73
52 Week Low33.24
CS1 End37.61
CR1 Start39.01
Volume & EV
DER(3)1.07%
DER(5)0.66%
Volume4.40K
Volume Incr-60.49%
Vol(5)3.76K
Vol(50)6.27K