INFINERA CORP (INFN) Stock Technical Analysis
NASDAQ:INFN - Nasdaq - US45667G1031 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to INFN. 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.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, INFN did better than 85% of all other stocks. On top of that, INFN also shows a nice and consistent pattern of rising prices.
INFN is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so INFN slightly outperforms the market at the moment.
INFN is part of the Communications Equipment industry. There are 49 other stocks in this industry, INFN did better than 68% of them.
In the last month INFN has a been trading in a tight range between 6.60 and 6.77.
Volume is considerably higher in the last couple of days.
Although INFN has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
6.47
6.97
We found 1 important support area.
- A support zone ranging from 6.54 to 6.63. 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 6.64 to 6.65. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- 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
CRS85.79
Mansfield0.19
10 Day High6.77
10 Day Low6.63
20 Day High6.77
20 Day Low6.6
52 Week High6.92
52 Week Low4.41
Performance
1 Week-0.15%
2 Weeks0.3%
1 Month0.45%
3 Month0.45%
6 Month5.56%
12 Month24.11%
2 Year-6.08%
3 Year-28.06%
5 Year-2.35%
10 Year-61.06%
15 Year-12.4%
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)51.44
LBB6.61
UBB6.68
6.64
-0.01 (-0.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg-0.15%
1 Week-0.15%
2 Weeks0.3%
1 Month0.45%
3 Month0.45%
6 Month5.56%
12 Month24.11%
2 Year-6.08%
3 Year-28.06%
5 Year-2.35%
10 Year-61.06%
15 Year-12.4%
Volatility
ATR(14)0.04
ATR(20)%0.64%
ATR Inc66.1%
Range Today0.02
ADR(20)0.04
ADR(20)%0.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.79
Mansfield0.19
10 Day High6.77
10 Day Low6.63
20 Day High6.77
20 Day Low6.6
52 Week High6.92
52 Week Low4.41
CS1 End6.63
CR1 Start6.64
Volume & EV
DER(3)-2.37%
DER(5)-1.59%
Volume8.84M
Volume Incr164.99%
Vol(5)2.51M
Vol(50)965.09K