INFINERA CORP (INFN) Stock Technical Analysis
NASDAQ:INFN - Nasdaq - US45667G1031 - Common Stock - Currency: USD
Overall INFN gets a technical rating of 9 out of 10. In the last year, INFN was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that INFN is one of the better performing stocks in the market, outperforming 84% of all stocks. We also observe that the gains produced by INFN over the past year are nicely spread over this period.
INFN 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 INFN is lagging the market slightly.
INFN is part of the Communications Equipment industry. There are 51 other stocks in this industry, INFN did better than 46% of them.
In the last month INFN has a been trading in a tight range between 6.60 and 6.70.
Volume is considerably higher in the last couple of days.
INFN has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 6.67. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 6.64, a Stop Loss order could be placed below this zone.
More info and screens
6.47
6.97
We found 1 important support area.
- A support zone ranging from 6.54 to 6.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 6.67 to 6.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 6.84 to 6.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.23
Mansfield0.25
10 Day High6.7
10 Day Low6.6
20 Day High6.7
20 Day Low6.6
52 Week High6.92
52 Week Low4.41
Performance
1 Week0%
2 Weeks0.45%
1 Month0.45%
3 Month0.15%
6 Month9.56%
12 Month34.34%
2 Year-5.94%
3 Year-27.95%
5 Year-2.21%
10 Year-61%
15 Year-12.27%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0
RSI(14)54.88
LBB6.6
UBB6.68
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 |
|---|---|---|---|
| 6.71 | 6.59 | 0.12 (1.79%) | 25.00% |
| An entry @6.71. This is a Buy Stop order right above the resistance zone. | An exit @6.59. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.12 points, which is 1.79%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.45%. |
- 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.
6.65
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg0%
1 Week0%
2 Weeks0.45%
1 Month0.45%
3 Month0.15%
6 Month9.56%
12 Month34.34%
2 Year-5.94%
3 Year-27.95%
5 Year-2.21%
10 Year-61%
15 Year-12.27%
Volatility
ATR(14)0.04
ATR(20)%0.56%
ATR Inc9.56%
Range Today0.04
ADR(20)0.04
ADR(20)%0.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.23
Mansfield0.25
10 Day High6.7
10 Day Low6.6
20 Day High6.7
20 Day Low6.6
52 Week High6.92
52 Week Low4.41
CS1 End6.64
CR1 Start6.67
Volume & EV
DER(3)-0.33%
DER(5)-0.92%
Volume1.43M
Volume Incr42.01%
Vol(5)1.17M
Vol(50)815.01K