IN8BIO INC (INAB) Stock Technical Analysis
USA - NASDAQ:INAB - US45674E2081 - Common Stock
We assign a technical rating of 0 out of 10 to INAB. INAB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of INAB is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.93
When analyzing the resistance we notice 4 important areas.
- Resistance @2.03 from a trend line in the daily time frame.
- A resistance zone ranging from 2.15 to 2.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.40 from a horizontal line in the daily time frame.
- Resistance @2.49 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 INAB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for INAB is down. |
| ChartMill Relative Strength | 4.46 | NEGATIVE | INAB has a low relative strength, it was outperformed by 95.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of INAB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of INAB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of INAB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.07 | NEUTRAL | The RSI value for INAB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests INAB has a negative trend. |
| Stochastics (14,3) | 8.5 | OVERSOLD | The low Stochastics value suggests INAB may be oversold. |
| Average True Range in percent/ATR (20) | 7.02 | HIGH VOLATILITY | The high ATR as a percentage value for INAB suggests high volalility. |
| Average Directional Index/ADX (14) | 21.32 | NEUTRAL | The ADX value for INAB suggests a possible start of a new trend. |
1.95
-0.04 (-2.01%)
IN8BIO INC / INAB FAQ
What is the ChartMill technical rating of IN8BIO INC (INAB) stock?
ChartMill assigns a technical rating of 0 / 10 to INAB.
What is the current trend direction of IN8BIO INC (INAB) stock?
The current trend direction for IN8BIO INC (INAB) is Bearish.
What is the RSI signal for INAB stock?
IN8BIO INC (INAB) has an RSI value of 37.0736. This indicates that the stock is currently neutral.
Can you provide the short term momentum for IN8BIO INC?
The short term momentum for IN8BIO INC (INAB) is negative.
What is the buy/sell signal for IN8BIO INC (INAB) stock?
The buy/sell signal for IN8BIO INC (INAB) is sell as both the short term and long term trends are negative.