INFOSYS LTD-SP ADR (INFY) Stock Technical Analysis
NYSE:INFY - New York Stock Exchange, Inc. - US4567881085 - ADR - Currency: USD
Overall INFY gets a technical rating of 3 out of 10. INFY's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, INFY is a bad performer in the overall market: 77% of all stocks are doing better.
INFY has an average volume of 10833100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
INFY is part of the IT Services industry. There are 82 other stocks in this industry, INFY did better than 43% of them.
INFY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so INFY is lagging the market.
In the last month INFY has a been trading in the 17.68 - 19.06 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
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
15.98
19.15
4 important support areas can be observed.
- A support zone ranging from 18.04 to 18.18. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @17.49 from a horizontal line in the daily time frame.
- Support @16.44 from a horizontal line in the weekly time frame.
- A support zone ranging from 16.14 to 16.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 18.19 to 18.96. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The long term trend for INFY is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for INFY is neutral. |
| ChartMill Relative Strength | 23.96 | NEGATIVE | INFY has a low relative strength, it was outperformed by 76.04% 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) | UP | MIXED | The current price of INFY is below 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) | 44.71 | NEUTRAL | The RSI value for INFY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests INFY has a negative trend. |
| Stochastics (14,3) | 47.44 | NEUTRAL | The Stochastics value for INFY is a neutral value. |
| Average True Range in percent/ATR (20) | 1.66 | LOW VOLATILITY | The low ATR as a percentage value for INFY suggests low volalility. |
| Average Directional Index/ADX (14) | 13.29 | NEGATIVE | The low ADX value for INFY suggests a weak or negative 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)
18.19
+0.09 (+0.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg0.5%
1 Week-4.06%
2 Weeks-2.2%
1 Month-2.26%
3 Month7.76%
6 Month-19.87%
12 Month-10.83%
2 Year9.18%
3 Year-6.67%
5 Year41.56%
10 Year115.14%
15 Year140.61%
Volatility
ATR(14)0.29
ATR(20)%1.66%
ATR Inc78.07%
Range Today0.17
ADR(20)0.24
ADR(20)%1.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.96
Mansfield-1.84
10 Day High19.06
10 Day Low18.06
20 Day High19.06
20 Day Low17.68
52 Week High23.63
52 Week Low15.82
CS1 End18.18
CR1 Start18.19
Volume & EV
DER(3)-5.37%
DER(5)-3.38%
Volume16.46M
Volume Incr27.4%
Vol(5)15.32M
Vol(50)10.83M