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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Infinera Corporation (NASDAQ:INFN)
Sidelines Mode (-50) - INFN is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until INFN can gain momentum.
Is it time to buy, sell, or avoid INFN?
MarketClub looks at technical strength and momentum to determine if the timing is right for INFN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for INFN
The long-term trend has been UP since Dec 14th, 2023 at 4.82
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 4.75
The short-term trend has been DOWN since May 8th, 2024 at 5.19
Smart Scan Analysis for INFN
Based on our trend formula, INFN is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.130 | 5.340 | 5.085 | 5.225 | -0.035 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.260 | 1716151 | 2024-05-08 15:59:37 |
| Year High | 12.39 | Year High Date | 2018-05-07 |
| Year Low | 4.1101 | Year Low Date | 2018-11-07 |
| 52wk High | 6.62 | 52wk High Date | 2024-04-01 |
| 52wk Low | 2.82 | 52wk Low Date | 2023-10-30 |
| Year End Close | 5.8099 | Average Volume | 2,462,338 |
| Shares Outstanding | 225,616 | Short Interest | 13,408,821 |
| % Institutional | 57.2 | Market Cap | 986M |
| Assets | 156,832,500M | Liabilities | 138,709,600M |
| Beta | 1.66 | Volatility | 135.64 |