India Fund Technical Analysis (NYSE:IFN)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical Charts or trading charts. The India Fund Price data and volume are plotted in IFN Charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for India Fund. Technical analysis uses an approach for India Fund Analysis that does not care for the fair value of a company but uses price and volume data only.
India Fund Moving Average
Moving averages show the average price of IFN stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $25.13 is above the price of $24.79.
India Fund Bollinger Bands
Bollinger bands comprise of a center line usually IFN SMA, and two IFN Price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as Price moves closer towards the lower band. The Price is trading between the average and the lower band in the context of India Fund bollinger bands.
India Fund Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the Price trend, as the indicator is useful in understanding the strength, direction and momentum of the Price. The India Fund MACD indicator is above 0 indicating a bullish trend.
India Fund Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in Price movements . If the RSI of IFN stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.