INFOSYS LTD-SP ADR (INFY) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:INFY - US4567881085 - ADR
Taking everything into account, INFY scores 4 out of 10 in our technical rating. In the past year, INFY was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
INFY has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
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15.82
We found 4 important support areas.
- Support @17.68 from a horizontal line in the daily time frame.
- A support zone ranging from 16.80 to 17.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong support @16.42 from a horizontal line in the daily time frame.
- A support zone ranging from 15.98 to 16.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 17.71 to 17.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @18.06 from a horizontal line in the daily time frame.
- A resistance zone ranging from 18.83 to 18.83. This zone is formed by a combination of multiple trend lines in the daily 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 INFY is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for INFY is up. |
| ChartMill Relative Strength | 26.89 | NEGATIVE | INFY has a low relative strength, it was outperformed by 73.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of INFY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of INFY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of INFY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.14 | NEUTRAL | The RSI value for INFY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests INFY has a positive trend. |
| Stochastics (14,3) | 90.45 | OVERBOUGHT | The high Stochastics value suggests INFY may be overbought. |
| Average True Range in percent/ATR (20) | 1.88 | LOW VOLATILITY | The low ATR as a percentage value for INFY suggests low volalility. |
| Average Directional Index/ADX (14) | 12.57 | NEGATIVE | The low ADX value for INFY suggests a weak or negative trend. |
17.7
+0.57 (+3.33%)
INFOSYS LTD-SP ADR / INFY FAQ
Can you provide the ChartMill technical rating for INFOSYS LTD-SP ADR?
ChartMill assigns a technical rating of 4 / 10 to INFY.
What is the current trend direction of INFOSYS LTD-SP ADR (INFY) stock?
The current trend direction for INFOSYS LTD-SP ADR (INFY) is Bearish.
Can you provide the RSI signal for INFOSYS LTD-SP ADR?
INFOSYS LTD-SP ADR (INFY) has an RSI value of 63.1376. This indicates that the stock is currently neutral.
What is the short term momentum for INFOSYS LTD-SP ADR (INFY) stock?
The short term momentum for INFOSYS LTD-SP ADR (INFY) is positive.
Can you provide the support and resistance levels for INFOSYS LTD-SP ADR?
INFOSYS LTD-SP ADR (INFY) has a support level at 17.68 and a resistance level at 17.71. Check the full technical report for our detailed analysis of INFY support and resistance levels.