INFINITY NATURAL RESOUR-CL A (INR) Stock Technical Analysis
NYSE:INR - US4569411030 - Common Stock
14.9 USD
+0.1 (+0.68%)
14.9 USD
0 (0%)
Overall INR gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. INR was also a bad performer in the overall market in the last year.
100% of all other stocks performed better in the past year than INR.
INR is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 92% of 209 stocks in the same industry do better.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month INR has a been trading in the 13.27 - 15.13 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although the technical rating is bad, INR does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 14.91. Right above this resistance zone may be a good entry point.
More info and screens
13.29
15.32
We found 1 important support area.
- A support zone ranging from 13.42 to 13.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 14.91 to 15.17. 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 INR is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for INR is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | INR has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of INR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of INR is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 56.46 | NEUTRAL | The RSI value for INR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests INR has a positive trend. |
| Stochastics (14,3) | 88 | OVERBOUGHT | The high Stochastics value suggests INR may be overbought. |
| Average True Range in percent/ATR (20) | 3.66 | MEDIUM VOLATILITY | The ATR as a percentage value for INR suggests some volalility. |
| Average Directional Index/ADX (14) | 19.65 | NEGATIVE | The low ADX value for INR 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)
14.9
+0.1 (+0.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.68%
1 Week8.36%
2 Weeks10.04%
1 Month4.93%
3 Month-10.67%
6 Month-17.13%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.57
ATR(20)%3.66%
ATR Inc-31.71%
Range Today0.36
ADR(20)0.53
ADR(20)%3.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High15.13
10 Day Low13.27
20 Day High15.13
20 Day Low13.27
52 Week HighN/A
52 Week LowN/A
CS1 End13.53
CR1 Start14.91
Volume & EV
DER(3)1.98%
DER(5)-1.2%
Volume300.50K
Volume Incr15.1%
Vol(5)362.12K
Vol(50)350.72K