USA - NASDAQ:SIFY - US82655M2061 - ADR
Taking everything into account, SIFY scores 9 out of 10 in our technical rating. In the last year, SIFY was one of the better performers, but we do observe some doubts in the very recent evolution.
Besides having an excellent technical rating, SIFY also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
4.23
When analyzing the support we can see 2 important areas.
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 | UP | POSITIVE | The long term trend for SIFY is up. | 
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SIFY is neutral. | 
| ChartMill Relative Strength | 97.98 | POSITIVE | SIFY has a high relative strength, it outperformed 97.98% off all stocks on the market. | 
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SIFY is below a declining SMA(20). | 
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SIFY is below the rising SMA(50). | 
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SIFY is above the rising SMA(200). | 
| Relative Strength Index/RSI (14) | 43.98 | NEUTRAL | The RSI value for SIFY is a neutral value. | 
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.39 | NEGATIVE | The MACD value suggests SIFY has a negative trend. | 
| Stochastics (14,3) | 18.13 | OVERSOLD | The low Stochastics value suggests SIFY may be oversold. | 
| Average True Range in percent/ATR (20) | 14.42 | HIGH VOLATILITY | The high ATR as a percentage value for SIFY suggests high volalility. | 
| Average Directional Index/ADX (14) | 29.04 | POSITIVE | The high ADX value value for SIFY suggests a strong trend. | 
11.55
-1.31 (-10.19%)
ChartMill assigns a technical rating of 9 / 10 to SIFY.
The current trend direction for SIFY TECHNOLOGIES-SPON ADR (SIFY) is Bullish.
SIFY TECHNOLOGIES-SPON ADR (SIFY) has an RSI value of 43.9812. This indicates that the stock is currently neutral.
The short term momentum for SIFY TECHNOLOGIES-SPON ADR (SIFY) is neutral.
SIFY TECHNOLOGIES-SPON ADR (SIFY) has a support level at 11.29. Check the full technical report for our detailed analysis of SIFY support and resistance levels.