IMMUNITYBIO INC (IBRX) Technical Analysis
NASDAQ:IBRX • US45256X1037
Taking everything into account, IBRX scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, IBRX has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- IBRX is part of the Biotechnology industry. There are 520 other stocks in this industry. IBRX outperforms 95% of them.
- IBRX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so IBRX is lagging the market slightly.
- IBRX has an average volume of 39935400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that IBRX is one of the better performing stocks in the market, outperforming 99% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- In the last month IBRX has a been trading in the 5.58 - 12.43 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although IBRX has an excellent technical rating, it does not offer a high quality setup 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.
More info and screens
7.41
We found 1 important support area.
- Support @7.48 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 IBRX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IBRX is up. |
| ChartMill Relative Strength | 99.1 | POSITIVE | IBRX has a high relative strength, it outperformed 99.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IBRX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IBRX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IBRX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.51 | NEUTRAL | The RSI value for IBRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests IBRX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 59.74 | NEUTRAL | The Stochastics value for IBRX is a neutral value. |
| Average True Range in percent/ATR (20) | 13.24 | HIGH VOLATILITY | The high ATR as a percentage value for IBRX suggests high volalility. |
| Average Directional Index/ADX (14) | 53.06 | POSITIVE | The high ADX value value for IBRX suggests a strong trend. |
IBRX Technicals: Chart, Performance Metrics, Trend & Indicators
9
-1 (-10%)
IMMUNITYBIO INC / IBRX FAQ
Can you provide the ChartMill technical rating for IMMUNITYBIO INC?
ChartMill assigns a technical rating of 9 / 10 to IBRX.
What is the current trend direction of IMMUNITYBIO INC (IBRX) stock?
The current trend direction for IMMUNITYBIO INC (IBRX) is Bullish.
What is the RSI signal for IBRX stock?
IMMUNITYBIO INC (IBRX) has an RSI value of 57.5116. This indicates that the stock is currently neutral.
What is the short term momentum for IMMUNITYBIO INC (IBRX) stock?
The short term momentum for IMMUNITYBIO INC (IBRX) is positive.
What is the support and resistance level for IBRX stock?
IMMUNITYBIO INC (IBRX) has a support level at 7.48. Check the full technical report for our detailed analysis of IBRX support and resistance levels.