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Advanced TA SearchArchive - 5/17/2024 - 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 a sixth consecutive positive week for the International Flav/Frag (IFF). During the week, the IFF gained 2.51 points, or 2.58%, and closed at 99.69 on Friday, May 17, 2024. Weekly volume was -26% below average. IFF is a member of Materials Sector. Materials is the most overbought 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 August 11, 2021 at 157.08 and reached 62.11 on August 18, 2023. IFF lost 94.97 points, or 60.46%, in 105 weeks. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level. Medium-term trend: [See IFF medium-term trend chart] A medium-term uptrend had started on August 18, 2023 at 62.11 and reached 99.83 on May 17, 2024. IFF gained -37.72 points, or -60.73%, in 39 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (78.49) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 resistance line in a medium-term trend. Weekly Technical Indicators: [See IFF weekly technical indicators chart] Weekly Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic or strongly overbought weekly 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 links to access Lane's Stochastic and Williams' Percentage Range help. The weekly MACD line is above its signal line since October 13, 2023. This is an indication that the medium-term trend is up. Use the following link to access a MACD help. Short-term trend: [See IFF short-term trend chart] A short-term uptrend had started on April 15, 2024 at 81.75 and reached 99.83 on May 17, 2024. IFF gained -18.08 points, or -22.12%, in 32 days. Price is near the trend high. Daily Technical Indicators: [See IFF daily technical indicators chart] Daily Relative Strength Index is overbought while Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Relative Strength Index or strongly overbought daily Williams' Percentage Range and Lane's Stochastic. Daily Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic and MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Use the following link to access Relative Strength Index help. The daily MACD line is above its signal line since May 2, 2024. This is an indication that the short-term trend is up.
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