INFINERA CORP (INFN) Technical Analysis
NASDAQ:INFN • US45667G1031
Current stock price
INFN Technical Rating and Analysis
Overall INFN gets a technical rating of 9 out of 10. In the last year, INFN was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, INFN did better than 85% of all other stocks. We also observe that the gains produced by INFN over the past year are nicely spread over this period.
- INFN 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 INFN is lagging the market slightly.
- INFN is an average performer in the Communications Equipment industry, it outperforms 52% of 47 stocks in the same industry.
- In the last month INFN has a been trading in a tight range between 6.60 and 6.77.
- Volume is considerably higher in the last couple of days.
INFN Weekly and Daily overview Charts
INFN Setup Rating and Analysis
INFN has an excellent technical rating, but the quality of the setup is only medium 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.
More info and screens
INFN Support and Resistance Analysis
6.47
When analyzing the support we notice one important area.
- A support zone ranging from 6.54 to 6.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 6.64 to 6.65. 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 6.84 to 6.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
INFN Technical Indicator Signal Analysis
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 INFN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for INFN is up. |
| ChartMill Relative Strength | 85.79 | POSITIVE | INFN has a high relative strength, it outperformed 85.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of INFN is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of INFN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of INFN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.44 | NEUTRAL | The RSI value for INFN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests INFN has a negative trend. |
| Stochastics (14,3) | 37.65 | NEUTRAL | The Stochastics value for INFN is a neutral value. |
| Average True Range in percent/ATR (20) | 0.64 | LOW VOLATILITY | The low ATR as a percentage value for INFN suggests low volalility. |
| Average Directional Index/ADX (14) | 41.94 | POSITIVE | The high ADX value value for INFN suggests a strong trend. |
INFN Chart- and CandleStick Pattern Analysis
INFN Technicals: Chart, Performance Metrics, Trend & Indicators
6.64
-0.01 (-0.15%)
INFINERA CORP / INFN TA FAQ
What is the technical rating for INFN stock?
ChartMill assigns a technical rating of 9 / 10 to INFN.
What is the trend direction for INFN stock?
The current trend direction for INFINERA CORP (INFN) is Bullish.
What is the RSI signal for INFN stock?
INFINERA CORP (INFN) has an RSI value of 51.4446. This indicates that the stock is currently neutral.
Can you provide the MACD signal for INFINERA CORP?
The MACD indicator for INFINERA CORP (INFN) has a value of -0.000746634, indicating a bearish trend.
What is the buy/sell signal for INFINERA CORP (INFN) stock?
The buy/sell signal for INFINERA CORP (INFN) is buy as both the short term and long term trends are positive.