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IFF

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AS OF

Apr 26 closing price

Price

$84.61

Change

+$0.28 (+0.33%)

Capitalization

22.05B

9 days until earnings call

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Tickeron detected bearish Stock Pattern: Cup-and-Handle Inverse on April 19, 2024

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04/20/24

Cup-and-Handle Inverse

IFF - International Flavors & Fragrances

Emerged: 04/19/24

Breakout: $82.97

Price: $83.6

Target price: $79.36

A.I.dvisor detected a bearish Cup-and-Handle Inverse pattern for IFF stock. This pattern was detected on April 19, 2024 . The odds of reaching the target price are . The Inverted Cup-and-Handle (sometimes called Inverted Cup-and-Holder) pattern forms when prices rise then decline to create an upside-down “U”like shape (1, 2, 3, also known as the Cup), followed by a shorter relatively straight price increase that bounces from the right lip (from 3 to 4, creating the Handle). Consider selling the security short or buying a put option at the downward breakout level. The confirmation move is the breakout of the price below the right cup lip.

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IFF