INFOSYS LTD-SP ADR (INFY) Technical Analysis
NYSE:INFY • US4567881085
Current stock price
INFY Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to INFY. Recently some decent action could be observed, but in the medium term time frame this is still negative. INFY was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, INFY is a bad performer in the overall market: 86% of all stocks are doing 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 12.57 - 14.49 range, which is quite wide. It is currently trading near the high of this range.
- INFY has an average volume of 18510800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- INFY is an average performer in the IT Services industry, it outperforms 56% of 88 stocks in the same industry.
INFY Weekly and Daily overview Charts
INFY Setup Rating and Analysis
INFY has a poor technical rating and the quality of the setup is also not perfect 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
12.69
2 important support areas can be observed.
- A support zone ranging from 13.49 to 13.54. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- 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.
We can see 3 important resistance areas.
- A resistance zone ranging from 14.39 to 14.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @17.68 from a horizontal line in the daily time frame.
- Resistance @19.20 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 | UP | POSITIVE | The short term trend for INFY is up. |
| ChartMill Relative Strength | 14.83 | NEGATIVE | INFY has a low relative strength, it was outperformed by 85.17% 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) | DOWN | MIXED | The current price of INFY is above 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) | 57.74 | 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) | 86.32 | OVERBOUGHT | The high Stochastics value suggests INFY may be overbought. |
| Average True Range in percent/ATR (20) | 3.05 | MEDIUM VOLATILITY | The ATR as a percentage value for INFY suggests some volalility. |
| Average Directional Index/ADX (14) | 17.56 | 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
14.38
+0.07 (+0.49%)
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 2 / 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 57.7438. 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 0.175354, 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 13.54 and a resistance level at 14.39. Check the full technical report for our detailed analysis of INFY support and resistance levels.