IDERA PHARMACEUTICALS INC (IDRA) Technical Analysis
NASDAQ:IDRA • US45168K4058
Current stock price
IDRA Technical Rating and Analysis
Overall IDRA gets a technical rating of 3 out of 10. IDRA'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.
- When comparing the yearly performance of all stocks, IDRA is a bad performer in the overall market: 75% of all stocks are doing better.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- IDRA is an average performer in the Biotechnology industry, it outperforms 43% of 517 stocks in the same industry.
- IDRA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so IDRA is lagging the market slightly.
- In the last month IDRA has a been trading in the 0.21 - 0.72 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
IDRA Weekly and Daily overview Charts
IDRA Setup Rating and Analysis
The technical rating of IDRA is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
IDRA Support and Resistance Analysis
0.41
When analyzing the support we notice one important area.
- A support zone ranging from 0.41 to 0.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
IDRA 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 | NEUTRAL | NEUTRAL | The long term trend for IDRA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IDRA is neutral. |
| ChartMill Relative Strength | 25.43 | NEGATIVE | IDRA has a low relative strength, it was outperformed by 74.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IDRA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of IDRA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IDRA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.78 | NEUTRAL | The RSI value for IDRA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests IDRA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 57.55 | NEUTRAL | The Stochastics value for IDRA is a neutral value. |
| Average True Range in percent/ATR (20) | 18.05 | HIGH VOLATILITY | The high ATR as a percentage value for IDRA suggests high volalility. |
| Average Directional Index/ADX (14) | 27.73 | POSITIVE | The high ADX value value for IDRA suggests a strong trend. |
IDRA Chart- and CandleStick Pattern Analysis
IDRA Technicals: Chart, Performance Metrics, Trend & Indicators
0.425
-0.12 (-21.57%)
IDERA PHARMACEUTICALS INC / IDRA TA FAQ
What is the technical rating for IDRA stock?
ChartMill assigns a technical rating of 3 / 10 to IDRA.
What is the current trend direction of IDERA PHARMACEUTICALS INC (IDRA) stock?
The current trend direction for IDERA PHARMACEUTICALS INC (IDRA) is Bearish.
What is the RSI signal for IDRA stock?
IDERA PHARMACEUTICALS INC (IDRA) has an RSI value of 49.7791. This indicates that the stock is currently neutral.
What is the MACD signal for IDRA stock?
The MACD indicator for IDERA PHARMACEUTICALS INC (IDRA) has a value of 0.00500564, indicating a bearish trend.