IDEAYA BIOSCIENCES INC (IDYA) Technical Analysis
NASDAQ:IDYA • US45166A1025
Current stock price
IDYA Technical Rating and Analysis
Taking everything into account, IDYA scores 8 out of 10 in our technical rating. In the last year, IDYA was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
- Looking at the yearly performance, IDYA did better than 87% of all other stocks. On top of that, IDYA also shows a nice and consistent pattern of rising prices.
- IDYA 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 IDYA is lagging the market slightly.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- IDYA has an average volume of 1243790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- IDYA is part of the Biotechnology industry. There are 516 other stocks in this industry, IDYA did better than 65% of them.
- In the last month IDYA has a been trading in the 29.57 - 38.10 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
IDYA Weekly and Daily overview Charts
IDYA Setup Rating and Analysis
IDYA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 32.44, a Stop Loss order could be placed below this zone.
More info and screens
IDYA Support and Resistance Analysis
29.36
We found 3 important support areas.
- A support zone ranging from 31.92 to 32.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 30.26 to 30.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @29.66 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @36.46 from a trend line in the weekly time frame.
- A resistance zone ranging from 37.39 to 37.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
IDYA 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 IDYA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IDYA is neutral. |
| ChartMill Relative Strength | 87.63 | POSITIVE | IDYA has a high relative strength, it outperformed 87.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IDYA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IDYA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IDYA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.45 | NEUTRAL | The RSI value for IDYA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests IDYA has a positive trend. |
| Stochastics (14,3) | 35.39 | NEUTRAL | The Stochastics value for IDYA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.11 | HIGH VOLATILITY | The high ATR as a percentage value for IDYA suggests high volalility. |
| Average Directional Index/ADX (14) | 19.26 | NEGATIVE | The low ADX value for IDYA suggests a weak or negative trend. |
IDYA Chart- and CandleStick Pattern Analysis
IDYA Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 36.47 | 31.91 | 4.56 (12.50%) | 8.00% |
| An entry @36.47. This is a Buy Stop order right above the resistance zone. | An exit @31.91. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.56 points, which is 12.50%. | For a 1.00% total portfolio risk, you can invest 8.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
IDYA Technicals: Chart, Performance Metrics, Trend & Indicators
33.91
+1.4 (+4.31%)
IDEAYA BIOSCIENCES INC / IDYA TA FAQ
What is the technical rating for IDYA stock?
ChartMill assigns a technical rating of 8 / 10 to IDYA.
Can you provide the trend direction for IDEAYA BIOSCIENCES INC?
The current trend direction for IDEAYA BIOSCIENCES INC (IDYA) is Bearish.
What is the RSI signal for IDYA stock?
IDEAYA BIOSCIENCES INC (IDYA) has an RSI value of 57.4538. This indicates that the stock is currently neutral.
What is the short term momentum for IDEAYA BIOSCIENCES INC (IDYA) stock?
The short term momentum for IDEAYA BIOSCIENCES INC (IDYA) is neutral.
What is the support and resistance level for IDYA stock?
IDEAYA BIOSCIENCES INC (IDYA) has a support level at 32.44 and a resistance level at 36.46. Check the full technical report for our detailed analysis of IDYA support and resistance levels.