INFOSYS LTD-SP ADR (INFY) Technical Analysis
NYSE:INFY • US4567881085
Current stock price
INFY Technical Rating and Analysis
Taking everything into account, INFY scores 1 out of 10 in our technical rating. 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.
- 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.
- 89% of all other stocks performed better in the past year than INFY.
- INFY is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- INFY has an average volume of 18483700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- INFY is part of the IT Services industry. There are 88 other stocks in this industry, INFY did better than 47% of them.
- In the last month INFY has a been trading in the 12.72 - 14.71 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
INFY Support and Resistance Analysis
12.69
When analyzing the support we notice one important area.
- A support zone ranging from 12.82 to 12.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- Resistance @14.23 from a trend line in the daily time frame.
- A resistance zone ranging from 14.47 to 14.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @17.68 from a horizontal line in the daily time frame.
- Resistance @19.14 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 | NEUTRAL | NEUTRAL | The short term trend for INFY is neutral. |
| ChartMill Relative Strength | 11.87 | NEGATIVE | INFY has a low relative strength, it was outperformed by 88.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of INFY is below the rising 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) | 43.36 | NEUTRAL | The RSI value for INFY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests INFY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 46.54 | NEUTRAL | The Stochastics value for INFY is a neutral value. |
| Average True Range in percent/ATR (20) | 3.27 | MEDIUM VOLATILITY | The ATR as a percentage value for INFY suggests some volalility. |
| Average Directional Index/ADX (14) | 16.3 | NEGATIVE | The low ADX value for INFY suggests a weak or negative trend. |
INFY Chart- and CandleStick Pattern Analysis
INFY Technicals: Chart, Performance Metrics, Trend & Indicators
13.48
-0.59 (-4.19%)
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 1 / 10 to INFY.
Can you provide the trend direction for INFOSYS LTD-SP ADR?
The current trend direction for INFOSYS LTD-SP ADR (INFY) is Bearish.
What is the RSI signal for INFY stock?
INFOSYS LTD-SP ADR (INFY) has an RSI value of 43.3553. This indicates that the stock is currently neutral.
What is the MACD signal for INFY stock?
The MACD indicator for INFOSYS LTD-SP ADR (INFY) has a value of 0.0637878, indicating a bearish trend.
Can you provide the support and resistance levels for INFOSYS LTD-SP ADR?
INFOSYS LTD-SP ADR (INFY) has a support level at 12.82 and a resistance level at 14.23. Check the full technical report for our detailed analysis of INFY support and resistance levels.