IDEAYA BIOSCIENCES INC (IDYA) Stock Technical Analysis
NASDAQ:IDYA - US45166A1025 - Common Stock
24.93 USD
+0.22 (+0.89%)
25.07 USD
+0.14 (+0.56%)
Taking everything into account, IDYA scores 6 out of 10 in our technical rating. Although IDYA is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
85% of all other stocks performed better in the past year than IDYA.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
IDYA has an average volume of 1053330 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
IDYA is part of the Biotechnology industry. There are 541 other stocks in this industry, IDYA did better than 45% of them.
IDYA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so IDYA is lagging the market.
In the last month IDYA has a been trading in the 23.53 - 27.69 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.
IDYA has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 24.43, a Stop Loss order could be placed below this zone. 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
21.16
27.43
2 important support areas can be observed.
- A support zone ranging from 23.65 to 24.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @21.37 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 27.16 to 27.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for IDYA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IDYA is neutral. |
| ChartMill Relative Strength | 15.14 | NEGATIVE | IDYA has a low relative strength, it was outperformed by 84.86% 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) | DOWN | MIXED | The current price of IDYA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.01 | NEUTRAL | The RSI value for IDYA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests IDYA has a negative trend. |
| Stochastics (14,3) | 30.44 | NEUTRAL | The Stochastics value for IDYA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.76 | MEDIUM VOLATILITY | The ATR as a percentage value for IDYA suggests some volalility. |
| Average Directional Index/ADX (14) | 23.46 | NEUTRAL | The ADX value for IDYA 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)
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 |
|---|---|---|---|
| 25.23 | 23.64 | 1.59 (6.32%) | 15.83% |
| An entry @25.23. This is a Buy Stop order right above the 10 day moving average. | An exit @23.64. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.59 points, which is 6.32%. | For a 1.00% total portfolio risk, you can invest 15.83% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of IDYA. Please evaluate whether better entry and exit points can be found.
- 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.
24.93
+0.22 (+0.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.89%
1 Week-3.48%
2 Weeks-0.28%
1 Month2.09%
3 Month12.4%
6 Month34.18%
12 Month-33.45%
2 Year-7.6%
3 Year67.09%
5 Year98.49%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.31
ATR(20)%4.76%
ATR Inc-32.1%
Range Today0.89
ADR(20)1.18
ADR(20)%4.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.14
Mansfield-0.43
10 Day High27.69
10 Day Low23.53
20 Day High27.69
20 Day Low23.53
52 Week High37.8
52 Week Low13.45
CS1 End24.43
CR1 Start27.16
Volume & EV
DER(3)-3.15%
DER(5)-0.57%
Volume1.53M
Volume Incr69.31%
Vol(5)1.60M
Vol(50)1.05M