INFLARX NV (IFRX)

NL0012661870 - Common Stock

4.16  +0.06 (+1.46%)

After market: 4.12 -0.04 (-0.96%)

Technical Rating

7

Taking everything into account, IFRX scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.



Looking at the yearly performance, IFRX did better than 99% of all other stocks. We also observe that the gains produced by IFRX over the past year are nicely spread over this period.
IFRX is part of the Biotechnology industry. There are 629 other stocks in this industry. IFRX outperforms 95% of them.
IFRX has an average volume of 3126550 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
IFRX 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 IFRX is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
In the last month IFRX has a been trading in the 3.95 - 5.20 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.

Statistics

1 Month 3 Months 6 Months 12 Months -14.58% 103.92% 66.40% 182.99% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 99.34 0.7762 - 7.25
IFRX Weekly chart
IFRX Daily chart

Support/Resistance Analysis


4.05

5.64
We found 1 important support area.
  • A support zone ranging from 4.09 to 4.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
  • Resistance @4.72 from a trend line in the daily time frame.
  • Resistance @5.11 from a horizontal line in the daily time frame.
  • Resistance @5.58 from a horizontal line in the weekly time frame.

Setup Analysis

Setup Rating

7

IFRX has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 4.15, a Stop Loss order could be placed below this zone.


Possible Trading Setup

The following trade can be suggested based on the decent technical rating and setup score.


ENTRYEXITDISTANCECAPITAL
4.494.080.41 (9.05%)11.05%
An entry @4.49. This is a Buy Stop order right above the 10 day moving average.An exit @4.08. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 0.41 points, which is 9.05%.For a 1.00% total portfolio risk, you can invest 11.05% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of IFRX. 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.
IFRX Daily chart

INFLARX NV

NASDAQ:IFRX (5/26/2023, 7:00:02 PM)

After market: 4.12 -0.04 (-0.96%)

4.16

+0.06 (+1.46%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.46%
1 Week-8.97%
2 Weeks-18.43%
1 Month-14.58%
3 Month103.92%
6 Month66.4%
12 Month182.99%
Volatility
ATR(14)0.32
ATR(20)%8.15%
ATR Inc-53.07%
Range Today0.17
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.34
Mansfield5.17
10 Day High5.2
10 Day Low4.03
20 Day High5.2
20 Day Low3.95
52 Week High7.25
52 Week Low0.78
CS1 End4.15
CR1 Start4.72
Volume & EV
DER(3)0.92%
DER(5)-5.96%
Volume416.60K
Volume Incr-16.32%
Vol(5)340.46K
Vol(50)3.13M
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