INFINERA CORP (INFN)

US45667G1031 - Common Stock

5.24  -0.02 (-0.38%)

After market: 5.24 0 (0%)

Technical Rating and Analysis

3

We assign a technical rating of 3 out of 10 to INFN. INFN performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.

65% of all other stocks performed better in the past year than INFN.
In the last month INFN has a been trading in the 4.49 - 5.81 range, which is quite wide. It is currently trading near the high of this range.
INFN has an average volume of 3801270 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!
INFN is part of the Communications Equipment industry. There are 54 other stocks in this industry, INFN did better than 64% of them.
INFN 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 INFN is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
INFN Weekly chart
INFN Daily chart
Setup Rating and Analysis

3

The technical rating of INFN is bad and it also does not present a 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.

Support and Resistance Analysis

4.41

5.92

We found 3 important support areas.

  • A support zone ranging from 4.83 to 5.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @4.75 from a trend line in the daily time frame.
  • A support zone ranging from 4.45 to 4.53. 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 5.25 to 5.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @5.86 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.29
Mansfield0.35
10 Day High5.64
10 Day Low4.64
20 Day High5.81
20 Day Low4.49
52 Week High6.62
52 Week Low2.82
Performance
1 Week2.75%
2 Weeks11.02%
1 Month-9.66%
3 Month1.16%
6 Month65.82%
12 Month-3.14%
2 Year-8.55%
3 Year-45.42%
5 Year68.49%
10 Year-42.42%
15 Year-38.64%
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)0.04
RSI(14)53.84
LBB4.55
UBB5.3
INFN Daily chart

INFINERA CORP

NASDAQ:INFN (5/3/2024, 7:00:02 PM)

After market: 5.24 0 (0%)

5.24

-0.02 (-0.38%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg-0.38%
1 Week2.75%
2 Weeks11.02%
1 Month-9.66%
3 Month1.16%
6 Month65.82%
12 Month-3.14%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.25
ATR(20)%5.05%
ATR Inc
Range Today0.42
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High5.64
10 Day Low4.64
20 Day High5.81
20 Day Low4.49
52 Week High6.62
52 Week Low2.82
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.98M
Volume Incr-46.74%
Vol(5)1.97M
Vol(50)3.80M