INF.L closes within prior day's range after lackluster session
INF.L finished the week 3.87% higher at 859.00 after flat today. Trading £6.60 higher after the open, the market was unable to hold its gains as the bears took control ending the day below its opening price. Closing within the prior day's range, prices failed to decisively move past the previous day's trading range in a lackluster session.
Friday's trading range was £10.60 (1.23%), that's below last trading month's daily average range of £12.77. Things look different on a weekly scale, where volatility is way above the markets average with the monthly volatility being slightly below average.
The trend is clearly bullish, showing an intact uptrend in the short, medium and long-term.
While classical technical analysis indicates a neutral sentiment for the next trading day, our quantitative statistics show a different picture being bearish.
Market Conditions for Informa
|Close near low of period||TQ Pro Members Only|
|Close to Swing Low||TQ Pro Members Only|
|Doji||TQ Pro Members Only|
|Close to S1 Support||TQ Pro Members Only|
|Gravestone Doji||TQ Pro Members Only|
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