IN8BIO INC (INAB) Technical Analysis
NASDAQ:INAB • US45674E2081
Current stock price
INAB Technical Rating and Analysis
Taking everything into account, INAB scores 0 out of 10 in our technical rating. INAB'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, INAB is a bad performer in the overall market: 96% of all stocks are doing better.
- INAB is part of the Biotechnology industry. There are 517 other stocks in this industry, of which 83% are performing better than INAB.
- INAB is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so INAB is lagging the market.
- In the last month INAB has a been trading in the 1.35 - 2.11 range, which is quite wide. It is currently trading near the lows of this range.
INAB Weekly and Daily overview Charts
INAB Setup Rating and Analysis
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
INAB Support and Resistance Analysis
1.37
When analyzing the support we notice one important area.
- Support @1.38 from a trend line in the daily time frame.
We can see 4 important resistance areas.
- Resistance @1.63 from a trend line in the weekly time frame.
- A resistance zone ranging from 1.78 to 1.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.87 from a trend line in the daily time frame.
- Resistance @2.07 from a horizontal line in the daily time frame.
INAB 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 | 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 | 4.24 | NEGATIVE | INAB has a low relative strength, it was outperformed by 95.76% 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) | 39.8 | NEUTRAL | The RSI value for INAB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests INAB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9 | OVERSOLD | The low Stochastics value suggests INAB may be oversold. |
| Average True Range in percent/ATR (20) | 13.37 | HIGH VOLATILITY | The high ATR as a percentage value for INAB suggests high volalility. |
| Average Directional Index/ADX (14) | 14.15 | NEGATIVE | The low ADX value for INAB suggests a weak or negative trend. |
INAB Chart- and CandleStick Pattern Analysis
INAB Technicals: Chart, Performance Metrics, Trend & Indicators
1.41
-0.03 (-2.08%)
IN8BIO INC / INAB TA FAQ
What is the ChartMill technical rating of IN8BIO INC (INAB) stock?
ChartMill assigns a technical rating of 0 / 10 to INAB.
Can you provide the trend direction for IN8BIO INC?
The current trend direction for IN8BIO INC (INAB) is Bearish.
What is the RSI signal for IN8BIO INC (INAB) stock?
IN8BIO INC (INAB) has an RSI value of 39.7955. This indicates that the stock is currently neutral.
What is the short term momentum for INAB stock?
The short term momentum for IN8BIO INC (INAB) is negative.
Can you provide the support and resistance levels for IN8BIO INC?
IN8BIO INC (INAB) has a support level at 1.38 and a resistance level at 1.63. Check the full technical report for our detailed analysis of INAB support and resistance levels.