INFORMATICA INC - CLASS A (INFA) Stock Technical Analysis
NYSE:INFA - New York Stock Exchange, Inc. - US45674M1018 - Common Stock - Currency: USD
Overall INFA gets a technical rating of 7 out of 10. INFA has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Besides having an excellent technical rating, INFA also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 24.12. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 24.08, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
18.54
We found 3 important support areas.
- A support zone ranging from 23.97 to 24.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @20.69 from a trend line in the daily time frame.
- Support @18.73 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 24.12 to 24.29. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 27.13 to 27.39. 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 | UP | POSITIVE | The long term trend for INFA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for INFA is up. |
| ChartMill Relative Strength | 64.08 | NEUTRAL | INFA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of INFA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of INFA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of INFA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 78 | OVERBOUGHT | The high RSI value suggests INFA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests INFA has a negative trend. |
| Stochastics (14,3) | 81.16 | OVERBOUGHT | The high Stochastics value suggests INFA may be overbought. |
| Average True Range in percent/ATR (20) | 2.38 | MEDIUM VOLATILITY | The ATR as a percentage value for INFA suggests some volalility. |
| Average Directional Index/ADX (14) | 51.97 | POSITIVE | The high ADX value value for INFA suggests a strong trend. |
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 |
|---|---|---|---|
| 24.30 | 23.96 | 0.34 (1.40%) | 25.00% |
| An entry @24.30. This is a Buy Stop order right above the resistance zone. | An exit @23.96. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.34 points, which is 1.40%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.35%. |
- 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.
24.09
-0.03 (-0.12%)