INFOSYS LTD-SP ADR (INFY) Stock Technical Analysis
NYSE:INFY - US4567881085 - ADR
17.34 USD
+0.29 (+1.7%)
17.3698 USD
+0.03 (+0.17%)
We assign a technical rating of 0 out of 10 to INFY. 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
87% of all other stocks performed better in the past year than INFY.
INFY is one of the lesser performing stocks in the IT Services industry. 60% of 83 stocks in the same industry do better.
INFY is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month INFY has a been trading in the 15.91 - 17.38 range, which is quite wide. It is currently trading near the high of this range.
INFY has an average volume of 16031100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of INFY is bad and it also does not present a 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.
More info and screens
15.82
19.15
When analyzing the support we notice one important area.
- 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.
We can see 2 important resistance areas.
- A resistance zone ranging from 17.48 to 18.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 18.83 to 18.96. 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 | DOWN | NEGATIVE | The long term trend for INFY is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for INFY is neutral. |
| ChartMill Relative Strength | 13.34 | NEGATIVE | INFY has a low relative strength, it was outperformed by 86.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of INFY is above 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) | 57.73 | NEUTRAL | The RSI value for INFY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests INFY has a positive trend. |
| Stochastics (14,3) | 90.76 | OVERBOUGHT | The high Stochastics value suggests INFY may be overbought. |
| Average True Range in percent/ATR (20) | 1.7 | LOW VOLATILITY | The low ATR as a percentage value for INFY suggests low volalility. |
| Average Directional Index/ADX (14) | 25 | POSITIVE | The high ADX value value for INFY suggests a strong trend. |
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)
17.34
+0.29 (+1.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg1.7%
1 Week4.71%
2 Weeks8.44%
1 Month-0.17%
3 Month-4.25%
6 Month-18.09%
12 Month-22.38%
2 Year-0.17%
3 Year-5.25%
5 Year37.62%
10 Year102.22%
15 Year142.18%
Volatility
ATR(14)0.3
ATR(20)%1.7%
ATR Inc-6.29%
Range Today0.4
ADR(20)0.25
ADR(20)%1.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.34
Mansfield-2.14
10 Day High17.38
10 Day Low15.91
20 Day High17.38
20 Day Low15.91
52 Week High23.63
52 Week Low15.82
CS1 End16.14
CR1 Start17.48
Volume & EV
DER(3)1.08%
DER(5)2.73%
Volume33.95M
Volume Incr19.92%
Vol(5)21.38M
Vol(50)16.03M