IBIO Technical Analysis - IBIO INC

Technical Rating and Analysis

Taking everything into account, IBIO scores 5 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. IBIO was also a bad performer in the overall market in the last year.

When comparing the yearly performance of all stocks, IBIO is a bad performer in the overall market: 92% of all stocks are doing better.

IBIO is one of the lesser performing stocks in the Biotechnology industry. 67% of 540 stocks in the same industry do better.

IBIO is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.

Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.

In the last month IBIO has a been trading in the 0.67 - 0.97 range, which is quite wide. It is currently trading near the high of this range.

IBIO has an average volume of 1189070 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.

Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

IBIO has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

0.79

0.97

When analyzing the support we notice one important area.

Support @0.80 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

Resistance @0.96 from a horizontal line in the daily time frame.

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What is Support and Resistance

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Technical Indicator Signal Analysis

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	DOWN	NEGATIVE	The long term trend for IBIO is down.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for IBIO is up.
ChartMill Relative Strength	8.13	NEGATIVE	IBIO has a low relative strength, it was outperformed by 91.87% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of IBIO is above 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)	DOWN	NEGATIVE	The current price of IBIO is below a declining SMA(200).
Relative Strength Index/RSI (14)	64.78	NEUTRAL	The RSI value for IBIO is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.01	POSITIVE	The MACD value suggests IBIO has a positive trend.
Stochastics (14,3)	83.35	OVERBOUGHT	The high Stochastics value suggests IBIO may be overbought.
Average True Range in percent/ATR (20)	8.38	HIGH VOLATILITY	The high ATR as a percentage value for IBIO suggests high volalility.
Average Directional Index/ADX (14)	39.41	POSITIVE	The high ADX value value for IBIO suggests a strong trend.