EGShares India Infrastructure (INXX) Stock Technical Analysis
USA - NYSEARCA:INXX -
11.36
-0.03 (-0.22%)
11.36
0 (0%)
Overall INXX gets a technical rating of 1 out of 10. INXX'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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
70% of all other stocks performed better in the past year than INXX.
Warning: INXX has an average volume of 8368 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
INXX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so INXX is lagging the market.
In the last month INXX has a been trading in a tight range between 10.96 and 11.59.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, INXX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 11.37. Right above this resistance zone may be a good entry point.
More info and screens
10.31
12.32
When analyzing the support we can see 3 important areas.
- Support @11.13 from a trend line in the weekly time frame.
- Support @10.94 from a trend line in the daily time frame.
- A support zone ranging from 10.41 to 10.41. 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 11.37 to 11.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 12.07 to 12.20. 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 INXX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for INXX is down. |
| ChartMill Relative Strength | 30.36 | NEUTRAL | INXX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of INXX is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of INXX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of INXX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.58 | NEUTRAL | The RSI value for INXX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests INXX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 56.82 | NEUTRAL | The Stochastics value for INXX is a neutral value. |
| Average True Range in percent/ATR (20) | 1.32 | LOW VOLATILITY | The low ATR as a percentage value for INXX suggests low volalility. |
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)
11.36
-0.03 (-0.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.22%
1 Week0.44%
2 Weeks-0.44%
1 Month3.27%
3 Month-5%
6 Month-1.35%
12 Month-11.46%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%1.32%
ATR Inc-56.19%
Range Today0.06
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.36
Mansfield-0.78
10 Day High11.48
10 Day Low11.22
20 Day High11.59
20 Day Low10.96
52 Week High13.39
52 Week Low10.42
CS1 End11.13
CR1 Start11.37
Volume & EV
DER(3)-1.19%
DER(5)0.74%
Volume10.30K
Volume Incr32.42%
Vol(5)13.56K
Vol(50)8.37K