Taking everything into account, SIFY scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, SIFY has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that SIFY is one of the better performing stocks in the market, outperforming 98% of all stocks. We also observe that the gains produced by SIFY over the past year are nicely spread over this period.
- SIFY is part of the Diversified Telecommunication Services industry. There are 36 other stocks in this industry. SIFY outperforms 97% of them.
- SIFY is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SIFY is lagging the market slightly.
- In the last month SIFY has a been trading in the 11.90 - 15.85 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days.
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. There is a support zone below the current price at 12.93, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SIFY in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
11.60
We found 2 important support areas.
- A support zone ranging from 12.66 to 12.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.72 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @15.53 from a horizontal line in the daily time frame.
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 | UP | POSITIVE | The short term trend for SIFY is up. |
| ChartMill Relative Strength | 98.95 | POSITIVE | SIFY has a high relative strength, it outperformed 98.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SIFY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SIFY is above 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) | 60.43 | NEUTRAL | The RSI value for SIFY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests SIFY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.1 | NEUTRAL | The Stochastics value for SIFY is a neutral value. |
| Average True Range in percent/ATR (20) | 7.71 | HIGH VOLATILITY | The high ATR as a percentage value for SIFY suggests high volalility. |
| Average Directional Index/ADX (14) | 36.4 | POSITIVE | The high ADX value value for SIFY suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 15.54 | 12.65 | 2.89 (18.60%) | 5.38% |
| An entry @15.54. This is a Buy Stop order right above the resistance zone. | An exit @12.65. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.89 points, which is 18.60%. | For a 1.00% total portfolio risk, you can invest 5.38% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
14.85
-0.67 (-4.32%)
SIFY TECHNOLOGIES-SPON ADR / SIFY FAQ
What is the technical rating for SIFY stock?
ChartMill assigns a technical rating of 10 / 10 to SIFY.
Can you provide the trend direction for SIFY TECHNOLOGIES-SPON ADR?
The current trend direction for SIFY TECHNOLOGIES-SPON ADR (SIFY) is Bullish.
Can you provide the RSI signal for SIFY TECHNOLOGIES-SPON ADR?
SIFY TECHNOLOGIES-SPON ADR (SIFY) has an RSI value of 60.4341. This indicates that the stock is currently neutral.
Can you provide the short term momentum for SIFY TECHNOLOGIES-SPON ADR?
The short term momentum for SIFY TECHNOLOGIES-SPON ADR (SIFY) is positive.
What is the buy/sell signal for SIFY stock?
The buy/sell signal for SIFY TECHNOLOGIES-SPON ADR (SIFY) is buy as both the short term and long term trends are positive.