SIFY TECHNOLOGIES-SPON ADR (SIFY)

US82655M1071 - ADR

3.37  +0.02 (+0.6%)

After market: 3.43 +0.06 (+1.78%)

Technical Rating and Analysis

3

Taking everything into account, SIFY scores 3 out of 10 in our technical rating. SIFY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
63% of all other stocks performed better in the past year than SIFY.
SIFY is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month SIFY has a been trading in the 2.61 - 3.72 range, which is quite wide. It is currently trading near the high of this range.
SIFY is part of the Diversified Telecommunication Services industry. There are 34 other stocks in this industry, SIFY did better than 51% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
SIFY Weekly chart
SIFY Daily chart
Setup Rating and Analysis

2

The technical rating of SIFY is bad and it also does not present a quality setup 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.

Support and Resistance Analysis

2.43

6.15

When analyzing the support we can see 2 important areas.

  • Support @2.72 from a trend line in the daily time frame.
  • Support @2.45 from a trend line in the daily time frame.

When analyzing the resistance we notice 4 important areas.

  • A resistance zone ranging from 3.38 to 3.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @3.97 from a horizontal line in the daily time frame.
  • Resistance @4.66 from a trend line in the weekly time frame.
  • Resistance @6.09 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37.76
Mansfield-4.96
10 Day High3.59
10 Day Low2.61
20 Day High3.72
20 Day Low2.61
52 Week High12.3
52 Week Low1.82
Performance
1 Week25.28%
2 Weeks3.69%
1 Month-1.46%
3 Month68.31%
6 Month-62.18%
12 Month-64.9%
2 Year-59%
3 Year-84.82%
5 Year-57.54%
10 Year-64.68%
15 Year-70.9%
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)57.62
LBB2.57
UBB3.59
SIFY Daily chart

SIFY TECHNOLOGIES-SPON ADR

NASDAQ:SIFY (11/22/2024, 8:04:52 PM)

After market: 3.43 +0.06 (+1.78%)

3.37

+0.02 (+0.6%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg0.6%
1 Week25.28%
2 Weeks3.69%
1 Month-1.46%
3 Month68.31%
6 Month-62.18%
12 Month-64.9%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.23
ATR(20)%6.71%
ATR Inc
Range Today0.27
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High3.59
10 Day Low2.61
20 Day High3.72
20 Day Low2.61
52 Week High12.3
52 Week Low1.82
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume169.20K
Volume Incr-27.62%
Vol(5)104.58K
Vol(50)352.47K