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Archive - 12/13/2024 - Sign In to see current Signals. |
International Flav/Frag (IFF) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was the negative week for the International Flav/Frag (IFF). During the week, the IFF dropped -1.52 points, or -1.71%, and closed at 87.40 on Friday, December 13, 2024. Weekly volume was -13% below average. IFF is a member of Materials Sector. Materials is the most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry. Long-term trend: [See IFF long-term trend chart] A long-term downtrend had started on January 17, 2018 at 157.40 and reached 62.11 on August 18, 2023. IFF lost 95.29 points, or 60.54%, in 291 weeks. The chart has formed a Broadening Right-Angled, Descending Wedge chart pattern. The trend support level is at 50.45 and resistance is at 156.78. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Right-Angled, Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Descending Wedge pattern in a long-term trend. Medium-term trend: [See IFF medium-term trend chart] A medium-term uptrend had started on August 18, 2023 at 62.11 and reached 106.77 on October 15, 2024. IFF gained -44.66 points, or -71.90%, in 60 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend support line (89.43) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. IFF may retest the broken support line. It is considered to be a resistance line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend. Weekly Technical Indicators: [See IFF weekly technical indicators chart] Weekly Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range and Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help. The weekly MACD line is below its signal line since September 27, 2024. The distance between MACD and the signal line is near its high and getting bigger. Use the following link to access a MACD help. Short-term trend: [See IFF short-term trend chart] A short-term downtrend had started on December 9, 2024 at 90.64 and reached 86.47 on December 13, 2024. IFF lost 4.17 points, or 4.60%, in 4 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level. Daily Technical Indicators: [See IFF daily technical indicators chart] Daily Relative Strength Index and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Relative Strength Index and Lane's Stochastic. Use the following link to access Relative Strength Index help. The daily MACD line is above its signal line since November 21, 2024. The distance between MACD and the signal line is low and getting smaller.
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