Technical analysis from IFN (IFN.AX.AX, ASX:IFN.AX) on the Australian Stock Exchange (ASX). Download the latest price data & trading signals

IFN
+ Share

Daily trading for IFN indicated buyers are now in control
Close Tod Vs Range Tod /
Daily trading for IFN indicated buyers are now in control

[BULLISH]: IFN buyers are in control at the market close. This is the first day of buyer commitment for IFN adding strength to an uptrend in the first timeframe & highlights the commitment of buyers to carry positions overnight. Over the last 12 months there has been 85 trading days with the closing price in the upper part of the range giving a confirmation ratio of 32.3%. Over the last month there has been 7 trading days with the closing price in the upper range giving a confirmation ratio of 50%. Currently this quarter, closing price has spent 7 days in the upper price range compared to 3 days in the lower range giving a ratio of 2.3x.

Stochastic overbought signal had been cancelled for IFN
Stochastic Oscillator /
Stochastic overbought signal had been cancelled for IFN

IFN: Stochastic Oscillator Trading -> (1) 19 Apr: 70.1 (2) 18 Apr: 73.2 (3) 17 Apr: 77.8

Rate of Change /
IFN: Rate of Change (14)

[BULLISH]: IFN currently has positive rate of change of 17.9%. This means the current price is greater than the price 14 days ago and therefore gaining momentum & is a leading indicator of price movement in the upward direction

Simple Moving Average /
[Downtrend]: Recent trading for IFN confirms bearish SMA(5) signal

[BULLISH]: IFN currently has a confirmed uptrend. Recent trading has caused the SMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SMA5 is -0.7%.

Sine Weighted Moving Average /
Price is now trading below the Sine Weighted Moving Average(5) for IFN

[BEARISH]: IFN currently has a confirmed downtrend. Recent trading has caused the SWMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is -0.7%.

Ulcer Index /
IFN: Ulcer Index (1.1)

[BEARISH]: IFN UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 1.1.

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Range Tod Vs Range Yest /
Contracting price range for IFN signalling sellers continue to be less eager

IFN: Range today versus range yesterday Current Signal ->(1) 19 Apr: BULLISH (2) 18 Apr: BULLISH (3) 17 Apr: BEARISH

Limit order for a long position has been identified for IFN @$2.64
Fibonacci Extensions /
Limit order for a long position has been identified for IFN @$2.64

IFN has moved below the 161.8% level ($2.64) [Bullish]. Look for a long limit order entry near this point. Exit price for IFN should be set @$2.55 & Stoploss for IFN should be set at $2.73

IFN: Moving Average Convergence Divergence [Bullish]
MACD /
IFN: Moving Average Convergence Divergence [Bullish]

[BULLISH]: IFN currently has positive MACD of 0.015000. This means the signal line is greater than the MACD line signalling a bullish movement. Currently, the return on MACD is 17.4%.

Percentage Price /
The current price is still gaining momentum through a rise for IFN on the short term EMA.

[BULLISH]: IFN currently has positive PPO 3.900%. This means the current price is gaining momentum through a rise on the short term exponential moving average.

Average True Range /
Daily trading has confirmed an ATR downtrend (0.024) for IFN

IFN: Average True Range Recent Trading -> (1) 19 Apr: 0.024 (2) 18 Apr: 0.025 (3) 17 Apr: 0.026

On Balance Volume /
Traders are currently accumulating IFN

[BULLISH]: IFN current price has highlighted recent accumulation. Currently, the OBV is 9.66119e+007.

IFN: Average Directional Index (32) has confirmed a strong trend is present
Average Directional Movement /
IFN: Average Directional Index (32) has confirmed a strong trend is present

[Trend]: ADX for IFN has confirmed a strong trend is presentIFN has an ATR(14) of 0.024, a DX of 46.36 & an ADX(14) of 32

[Bullish]: Trend following indicator for IFN highlights upward price direction is likely
Exponential Moving Average /
[Bullish]: Trend following indicator for IFN highlights upward price direction is likely

[BULLISH]: IFN currently has a confirmed uptrend. Recent trading has caused the EMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on EMA5 is -0.7%.

Daily Volume Index /
Accumulation DVI signal for IFN is confirmed

[BULLISH]: IFN current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the DVI is 109419.

Close Tod Vs Close Yest /
The biggest upward movement for IFN this month has been -1.7

[BEARISH]: IFNsellers are keener than buyers and are driving the price down. There has been 2 consecutive days of price decline for IFN adding strength to a downtrend in the first timeframe. The biggest downward movement this month has been -1.7 & the greatest daily negative change this year has been -4.5. The longest consecutive downswing rally over the last 12 months has been 5 days giving a total rally downward movement of -7.9%. This quarter, the largest downswing rally has been 2 days giving a total rally downward movement of -1.7%. The loss ratio for price rise in the first timeframe for the last 12 months is 0.5x giving a total win/loss ratio of 0.7x. Over the last month the average daily downward movement has been -1.1%

Pivot Points /
[Short]: Exit price for IFN should be set @$0.673

IFN has broken the first support point ($0.681) [Bearish]. Look for a short limit order entry near this point. Exit price for IFN should be set @$0.673 & short position stoploss for IFN should be set between $0.703 & $0.711

IFN has broken the first DeMark support point ($0.68625) [Bearish]
Demarks Pivot Points /
IFN has broken the first DeMark support point ($0.68625) [Bearish]

IFN has broken the first DeMark resistance point ($0.68625) [Bullish]. Look for a long limit order entry near this point. Exit price for IFN should be set @$0.693 & Stoploss for IFN should be set at $0.678

IFN: Overbought signal still active
Money Flow Index /
IFN: Overbought signal still active

[BULLISH]: IFN current trading has maintained the money flow index oversold status and signalled the continuation of the bullish trading conditions. Currently, the MFI is 91.23. The bullish signal has been active for 0 days. During the quarter, the lowest MFI value was 42.99.

IFN: Look for a short limit order entry @$0.683
Woodie Pivot Point /
IFN: Look for a short limit order entry @$0.683

IFN has broken the first Woodie support point ($0.683) [Bearish]. Look for a short limit order entry near this point. Exit price for IFN should be set @$0.674 & short position stoploss for IFN should be set at $0.704

Chaikin Money Flow /
CMF highlights continued positive divergence for IFN

IFN: Chaikin Oscillator Current Signal -> (1) 19 Apr: BULLISH (2) 18 Apr: BULLISH (3) 17 Apr: BULLISH

Low Price /
IFN: Daily low performance (-1.4000000000000000 %)

[BULLISH]: IFN current downtrend in the first timeframe. Currently, the Low is $0.68 (-1.4000000000000000 %).

Black Candle /
IFN Basic Candle: Black

[BEARISH]: IFN has formed a Black candlestick. Normal selling pressure highlighting sellers were in control.

Triangular Moving Average /
IFN is in a short term uptrend with the closing price @$0.69

IFN: TMA Recent Trading -> (1) 19 Apr: 0.668 (2) 18 Apr: 0.651 (3) 17 Apr: 0.634

IFN: Elder Ray Index is 0.039 [Bullish]
Elder Ray Index /
IFN: Elder Ray Index is 0.039 [Bullish]

[BULLISH]: IFNElder Ray Index is signalling a Bullish movementERI is 0.039 indicating bull power. Prices are being driven above the consensus of value for IFN during the last trading session [Buying Pressure]

IFN: Detrended Price Oscillator(20) (0.1018)
Detrended Price Oscillator /
IFN: Detrended Price Oscillator(20) (0.1018)

[BULLISH]: IFN currently has a confirmed uptrend. Price is currently above the displaced moving average for IFNCurrently, the return on DPO20 is -0.7%.

Commodity Channel Index /
Continuation of the overbought CCI signal for IFN

[BEARISH]: IFN current trading has maintained the Commodity Channel Index to overbought status and signalled the continuation of the bearish trading conditions. Currently, the CCI is 111. The bearish signal has been active for 0 day. During the quarter, the highest CCI value was 429.

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