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Uptrend SupportArchive - 11/15/2024 - 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 -6.14 points, or -6.65%, and closed at 86.14 on Friday, November 15, 2024. IFF was trading at average weekly trading volume. 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 51.12 and resistance is at 156.79. 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 price is near the trend support (87.87) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a medium-term trend. Weekly Technical Indicators: [See IFF weekly technical indicators chart] Weekly Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range. 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 link to access 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 relatively 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 October 15, 2024 at 106.77 and reached 86.07 on November 15, 2024. IFF lost 20.70 points, or 19.39%, in 31 days. Price is near the trend low. Daily Technical Indicators: [See IFF daily technical indicators chart] Daily Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Relative Strength Index, Williams' Percentage Range and Lane's Stochastic. Use the following links to access Lane's Stochastic and Relative Strength Index help. The daily MACD line is below its signal line since October 22, 2024. This is an indication that the short-term trend is down. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current short-term downtrend is still strong, and momentum is beginning to wane. The distance between the Bollinger Bands (28.23%) is close to one year high (23.47%). It is 220.20% higher then one year average. It indicates the period of high volatility of the stock price, and it is considered a sell signal for the option traders. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band. During the last week, the 20 Day Moving Average has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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