TSX:IFC - Toronto Stock Exchange - CA45823T1066 - Common Stock - Currency: CAD
We assign a technical rating of 10 out of 10 to IFC. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, IFC is showing a nice and steady performance.
Besides having an excellent technical rating, IFC also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 290.45. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for IFC in the last couple of days, which is a good sign.
248.73
When analyzing the support we notice one important area.
When analyzing the resistance we notice one important area.
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 |
---|---|---|---|
292.28 | 277.48 | 14.80 (5.06%) | 19.75% |
An entry @292.28. This is a Buy Stop order right above the resistance zone. | An exit @277.48. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 14.80 points, which is 5.06%. | For a 1.00% total portfolio risk, you can invest 19.75% of your capital in this trade. |
TSX:IFC (3/7/2025, 7:00:00 PM)
290.44
+2.24 (+0.78%)