IMMUNITYBIO INC (IBRX) Stock Technical Analysis
USA - NASDAQ:IBRX - US45256X1037 - Common Stock
2.73 USD
-0.12 (-4.21%)
2.7499 USD
+0.02 (+0.73%)
Taking everything into account, IBRX scores 5 out of 10 in our technical rating. IBRX has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, IBRX is a bad performer in the overall market: 87% of all stocks are doing better.
IBRX 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.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month IBRX has a been trading in the 2.23 - 2.97 range, which is quite wide. It is currently trading near the high of this range.
IBRX has an average volume of 9438720 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
IBRX is an average performer in the Biotechnology industry, it outperforms 43% of 538 stocks in the same industry.
Volume is considerably higher in the last couple of days.
IBRX has an average technical rating and it also 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
2.32
3.39
2 important support areas can be observed.
- A support zone ranging from 2.71 to 2.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 2.34 to 2.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @2.86 from a horizontal line in the daily time frame.
- Resistance @3.01 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 | NEUTRAL | NEUTRAL | The long term trend for IBRX is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IBRX is up. |
| ChartMill Relative Strength | 13.55 | NEGATIVE | IBRX has a low relative strength, it was outperformed by 86.45% 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) | DOWN | MIXED | The current price of IBRX is above 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) | 59.41 | NEUTRAL | The RSI value for IBRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests IBRX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.26 | NEUTRAL | The Stochastics value for IBRX is a neutral value. |
| Average True Range in percent/ATR (20) | 5.16 | HIGH VOLATILITY | The high ATR as a percentage value for IBRX suggests high volalility. |
| Average Directional Index/ADX (14) | 21.6 | NEUTRAL | The ADX value for IBRX suggests a possible start of a new 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)
2.73
-0.12 (-4.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-4.21%
1 Week5%
2 Weeks13.75%
1 Month21.88%
3 Month-4.88%
6 Month0.74%
12 Month-22.44%
2 Year61.54%
3 Year-45.07%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%5.16%
ATR Inc30.57%
Range Today0.15
ADR(20)0.14
ADR(20)%4.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.55
Mansfield-2.3
10 Day High2.97
10 Day Low2.32
20 Day High2.97
20 Day Low2.23
52 Week High7.48
52 Week Low1.83
CS1 End2.72
CR1 Start2.86
Volume & EV
DER(3)-3.53%
DER(5)-7.41%
Volume20.00M
Volume Incr82.05%
Vol(5)16.04M
Vol(50)9.44M