We assign a technical rating of 8 out of 10 to IBIO. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, IBIO is only an average performer.
- IBIO is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- Both the short term and long term trends are positive. This is a very positive sign.
- IBIO has an average volume of 6847890 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, IBIO turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
- IBIO is part of the Biotechnology industry. There are 525 other stocks in this industry, IBIO did better than 54% of them.
- In the last month IBIO has a been trading in the 1.70 - 2.89 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
IBIO has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
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0.76
When analyzing the support we can see 4 important areas.
- Support @1.28 from a trend line in the daily time frame.
- Support @1.17 from a trend line in the daily time frame.
- Support @1.14 from a trend line in the weekly time frame.
- Support @0.77 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- Resistance @2.40 from a horizontal line in the daily time frame.
- Resistance @2.49 from a trend line in the weekly time frame.
- Resistance @2.65 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for IBIO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IBIO is up. |
| ChartMill Relative Strength | 49.05 | NEUTRAL | IBIO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of IBIO is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IBIO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IBIO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.9 | NEUTRAL | The RSI value for IBIO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests IBIO has a negative trend. |
| Stochastics (14,3) | 37.38 | NEUTRAL | The Stochastics value for IBIO is a neutral value. |
| Average True Range in percent/ATR (20) | 12.8 | HIGH VOLATILITY | The high ATR as a percentage value for IBIO suggests high volalility. |
| Average Directional Index/ADX (14) | 47.04 | POSITIVE | The high ADX value value for IBIO suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 2.41 | 2.09 | 0.32 (13.28%) | 7.53% |
| An entry @2.41. This is a Buy Stop order right above the resistance zone. | An exit @2.09. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.32 points, which is 13.28%. | When investing 7.53% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of IBIO. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
2.15
-0.1 (-4.44%)
IBIO INC / IBIO FAQ
What is the ChartMill technical rating of IBIO INC (IBIO) stock?
ChartMill assigns a technical rating of 8 / 10 to IBIO.
What is the trend direction for IBIO stock?
The current trend direction for IBIO INC (IBIO) is Bullish.
Can you provide the RSI signal for IBIO INC?
IBIO INC (IBIO) has an RSI value of 50.9046. This indicates that the stock is currently neutral.
What is the buy/sell signal for IBIO INC (IBIO) stock?
The buy/sell signal for IBIO INC (IBIO) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for IBIO INC (IBIO) stock?
IBIO INC (IBIO) has a support level at 1.28 and a resistance level at 2.4. Check the full technical report for our detailed analysis of IBIO support and resistance levels.