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(INFY) Infosys complete technical analysis [charts+indicators] | Buy/Sell Infosys | (INFY) share price targets

Complete technical analysis of Infosys (INFY) by charts plus indicators, forecast predictions and share price targets for Infosys (INFY)

Infosys trades in USA in Technology sector.

Showing technical analysis as on 2024-05-31 View latest technical analysis

10 day averaged volume of Infosys is 9102425

Date Daily Closing Price Open High Low Volume
31 Fri May 2024 16.75 16.73 16.82 16.44 1.566 times
30 Thu May 2024 16.87 16.91 16.96 16.77 1.247 times
29 Wed May 2024 17.03 17.12 17.15 17.00 0.941 times
28 Tue May 2024 17.32 17.31 17.39 17.27 1.264 times
24 Fri May 2024 17.36 17.40 17.48 17.33 1.015 times
23 Thu May 2024 17.40 17.44 17.52 17.37 1.016 times
22 Wed May 2024 17.27 17.26 17.31 17.19 0.921 times
21 Tue May 2024 17.01 17.06 17.11 17.00 0.867 times
20 Mon May 2024 17.13 17.16 17.22 17.10 0.67 times
17 Fri May 2024 17.13 17.15 17.17 17.02 0.877 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 16.7, for a target of 16.9 or 17.07

Share price targets for Infosys (INFY)

Target Type Value
Downside Target 16.04
Downside Target 16.44
Upside Target 17.52
Upside Target 17.55
Upside Target 17.59
Upside Target 18.27
Upside Target 19.68
Upside Target 19.92
Upside Target 20.37
Upside Target 20.74

Intraday share price targets for Infosys (INFY)

Target Type Value
Downside Intraday Target 16.33
Downside Intraday Target 15.91
Upside Intraday Target 17.28
Upside Intraday Target 17.81
Upside Intraday Target 16.86

Weekly technical analysis of Infosys (INFY)

Date Weekly Closing Price Open High Low Volume
31 Fri May 2024 16.75 17.31 17.39 16.44 1.118 times
24 Fri May 2024 17.36 17.16 17.52 17.00 1.073 times
17 Fri May 2024 17.13 16.94 17.28 16.85 0.942 times
10 Fri May 2024 16.87 17.00 17.19 16.79 1.051 times
03 Fri May 2024 16.93 16.95 17.09 16.63 0.653 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Infosys (INFY)

Date Monthly Closing Price Open High Low Volume
31 Fri May 2024 16.75 16.72 17.52 16.44 0.644 times
30 Tue Apr 2024 16.71 17.89 18.27 16.04 1.452 times
28 Thu Mar 2024 17.93 19.92 19.92 17.59 1.692 times
29 Thu Feb 2024 19.96 19.86 20.74 19.68 0.518 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Infosys (INFY)

Price action analysis of Infosys ( (INFY) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Infosys ( (INFY) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Infosys ( (INFY) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Infosys ( (INFY) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Infosys stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Infosys in short term and the sell signal is strong.

Infosys Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Infosys in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Infosys is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 17.11 and Infosys (INFY) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Infosys (INFY) stock. Volume based technical analysis of Infosys (INFY) stock is negative.

Infosys Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Price action analysis of Infosys ( (INFY) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Infosys ( (INFY) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Infosys ( (INFY) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Infosys ( (INFY) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Infosys stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Infosys in short term and the sell signal is strong.

Infosys Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Infosys in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Infosys is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 17.11 and Infosys (INFY) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Infosys (INFY) stock. Volume based technical analysis of Infosys (INFY) stock is negative.

Infosys Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Daily charts

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Daily chart
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