INFOSYS LTD-SP ADR (INFY) Technical Analysis
NYSE:INFY • US4567881085
Current stock price
INFY Technical Rating and Analysis
Taking everything into account, INFY scores 0 out of 10 in our technical rating. INFY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 87% of all other stocks performed better in the past year than INFY.
- INFY is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so INFY is lagging the market.
- In the last month INFY has a been trading in the 13.25 - 15.24 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- INFY has an average volume of 15415900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- INFY is an average performer in the IT Services industry, it outperforms 48% of 87 stocks in the same industry.
INFY Weekly and Daily overview Charts
INFY Setup Rating and Analysis
The technical rating of INFY 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.
More info and screens
INFY Support and Resistance Analysis
13.14
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 14.06 to 14.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @17.85 from a horizontal line in the daily time frame.
- Resistance @19.50 from a trend line in the weekly time frame.
INFY 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 | DOWN | NEGATIVE | The long term trend for INFY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for INFY is down. |
| ChartMill Relative Strength | 13.01 | NEGATIVE | INFY has a low relative strength, it was outperformed by 86.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of INFY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of INFY is below a declining 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) | 28.81 | OVERSOLD | The low RSI value suggests INFY may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests INFY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 7.59 | OVERSOLD | The low Stochastics value suggests INFY may be oversold. |
| Average True Range in percent/ATR (20) | 3.91 | MEDIUM VOLATILITY | The ATR as a percentage value for INFY suggests some volalility. |
| Average Directional Index/ADX (14) | 30.57 | POSITIVE | The high ADX value value for INFY suggests a strong trend. |
INFY Chart- and CandleStick Pattern Analysis
INFY Technicals: Chart, Performance Metrics, Trend & Indicators
13.27
-0.17 (-1.26%)
INFOSYS LTD-SP ADR / INFY TA FAQ
What is the ChartMill technical rating of INFOSYS LTD-SP ADR (INFY) stock?
ChartMill assigns a technical rating of 0 / 10 to INFY.
What is the trend direction for 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 28.8122. This indicates that the stock is currently oversold.
What is the MACD signal for INFY stock?
The MACD indicator for INFOSYS LTD-SP ADR (INFY) has a value of 0.0177878, indicating a bearish trend.
Can you provide the short term momentum for INFOSYS LTD-SP ADR?
The short term momentum for INFOSYS LTD-SP ADR (INFY) is negative.