IMMUNITYBIO INC (IBRX) Stock Technical Analysis
USA - NASDAQ:IBRX - US45256X1037 - Common Stock
2.4 USD
+0.04 (+1.69%)
2.4 USD
0 (0%)
We assign a technical rating of 1 out of 10 to IBRX. IBRX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, IBRX is a bad performer in the overall market: 92% of all stocks are doing better.
IBRX is one of the lesser performing stocks in the Biotechnology industry. 74% of 534 stocks in the same industry do 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.
In the last month IBRX has a been trading in the 2.30 - 2.75 range, which is quite wide. It is currently trading near the lows of this range.
IBRX has an average volume of 9538360 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is bad, IBRX does present a nice setup opportunity. Prices have been consolidating lately. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
2.34
2.85
When analyzing the support we notice one important area.
- A support zone ranging from 2.36 to 2.38. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 2.45 to 2.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.53 from a trend line in the weekly time frame.
- A resistance zone ranging from 2.64 to 2.67. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @2.73 from a trend line in the daily time frame.
- Resistance @2.82 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 | NEUTRAL | NEUTRAL | The short term trend for IBRX is neutral. |
| ChartMill Relative Strength | 8.36 | NEGATIVE | IBRX has a low relative strength, it was outperformed by 91.64% 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) | UP | MIXED | The current price of IBRX is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of IBRX is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.48 | NEUTRAL | The RSI value for IBRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests IBRX has a negative trend. |
| Stochastics (14,3) | 41.44 | NEUTRAL | The Stochastics value for IBRX is a neutral value. |
| Average True Range in percent/ATR (20) | 5.63 | HIGH VOLATILITY | The high ATR as a percentage value for IBRX suggests high volalility. |
| Average Directional Index/ADX (14) | 10.08 | 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)
2.4
+0.04 (+1.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.69%
1 Week-1.26%
2 Weeks-6.72%
1 Month-5.6%
3 Month-0.42%
6 Month-7.09%
12 Month-55.3%
2 Year-24.84%
3 Year-57.09%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%5.63%
ATR Inc10.11%
Range Today0.11
ADR(20)0.13
ADR(20)%5.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.36
3 months CRS28.36
6 months CRS18.08
Mansfield-2.95
10 Day High2.67
10 Day Low2.3
20 Day High2.75
20 Day Low2.3
52 Week High5.88
52 Week Low1.83
CS1 EndN/A
CR1 Start2.36
Volume & EV
DER(3)-3.2%
DER(5)-2.1%
Volume6.79M
Volume Incr3.98%
Vol(5)9.47M
Vol(50)9.54M
IMMUNITYBIO INC / IBRX FAQ
Can you provide the ChartMill technical rating for IMMUNITYBIO INC?
ChartMill assigns a technical rating of 1 / 10 to IBRX.
What is the trend direction for IBRX stock?
The current trend direction for IMMUNITYBIO INC (IBRX) is Bearish.
What is the RSI signal for IBRX stock?
IMMUNITYBIO INC (IBRX) has an RSI value of 43.4774. This indicates that the stock is currently neutral.
What is the MACD signal for IMMUNITYBIO INC (IBRX) stock?
The MACD indicator for IMMUNITYBIO INC (IBRX) has a value of -0.00227991, indicating a bearish trend.
What is the short term momentum for IMMUNITYBIO INC (IBRX) stock?
The short term momentum for IMMUNITYBIO INC (IBRX) is neutral.