IMMUNITYBIO INC (IBRX) Stock Technical Analysis
NASDAQ:IBRX - US45256X1037 - Common Stock
2.34 USD
+0.01 (+0.43%)
2.3499 USD
+0.01 (+0.42%)
Overall IBRX gets a technical rating of 0 out of 10. IBRX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
92% of all other stocks performed better in the past year than IBRX.
IBRX is part of the Biotechnology industry. There are 547 other stocks in this industry, of which 67% are performing better than IBRX.
IBRX 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.
IBRX is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
IBRX has an average volume of 8016720 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
IBRX has a poor technical rating and the quality of the setup is also only medium at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
2.04
3.39
When analyzing the support we can see 3 important areas.
- Support @2.27 from a trend line in the daily time frame.
- A support zone ranging from 2.22 to 2.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.06 from a horizontal line in the weekly time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 2.39 to 2.41. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 2.56 to 2.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.80 from a trend line in the weekly time frame.
- Resistance @3.10 from a trend line in the daily time frame.
- Resistance @3.36 from a horizontal 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 | DOWN | NEGATIVE | The long term trend for IBRX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IBRX is down. |
| ChartMill Relative Strength | 8.07 | NEGATIVE | IBRX has a low relative strength, it was outperformed by 91.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IBRX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IBRX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IBRX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.72 | NEUTRAL | The RSI value for IBRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests IBRX has a positive trend. |
| Stochastics (14,3) | 21.65 | NEUTRAL | The Stochastics value for IBRX is a neutral value. |
| Average True Range in percent/ATR (20) | 6.23 | HIGH VOLATILITY | The high ATR as a percentage value for IBRX suggests high volalility. |
| Average Directional Index/ADX (14) | 10.18 | NEGATIVE | The low ADX value for IBRX suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
2.34
+0.01 (+0.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.43%
1 Week1.3%
2 Weeks-8.24%
1 Month-1.27%
3 Month-12.03%
6 Month-28.88%
12 Month-40.76%
2 Year45.34%
3 Year-41.5%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%6.23%
ATR Inc-31.93%
Range Today0.11
ADR(20)0.14
ADR(20)%5.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.07
Mansfield-3.37
10 Day High2.55
10 Day Low2.17
20 Day High2.94
20 Day Low2.17
52 Week High7.48
52 Week Low1.83
CS1 End2.27
CR1 Start2.39
Volume & EV
DER(3)2.53%
DER(5)0.6%
Volume5.64M
Volume Incr-17.05%
Vol(5)7.50M
Vol(50)8.02M