IN8BIO INC (INAB) Stock Technical Analysis
NASDAQ:INAB - Nasdaq - US45674E1091 - Common Stock - Currency: USD
Overall INAB gets a technical rating of 0 out of 10. 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, INAB is a bad performer in the overall market: 100% of all stocks are doing better.
INAB is one of the lesser performing stocks in the Biotechnology industry. 89% of 555 stocks in the same industry do better.
INAB is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month INAB has a been trading in the 2.05 - 4.17 range, which is quite wide. It is currently trading near the lows of this range.
INAB has an average volume of 3442770 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
INAB has a poor technical rating and the quality of the setup is also not perfect 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
2.14
3.56
3 important resistance areas can be observed.
- Resistance @2.25 from a horizontal line in the daily time frame.
- Resistance @2.98 from a trend line in the daily time frame.
- Resistance @3.52 from a trend 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 | 0.91 | NEGATIVE | INAB has a low relative strength, it was outperformed by 99.09% 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) | 29.93 | OVERSOLD | The low RSI value suggests INAB may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests INAB has a positive trend. |
| Stochastics (14,3) | 8.68 | OVERSOLD | The low Stochastics value suggests INAB may be oversold. |
| Average True Range in percent/ATR (20) | 14.61 | HIGH VOLATILITY | The high ATR as a percentage value for INAB suggests high volalility. |
| Average Directional Index/ADX (14) | 34.06 | POSITIVE | The high ADX value value for INAB suggests a strong 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)
2.16
+0.09 (+4.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg4.35%
1 Week-0.92%
2 Weeks0.93%
1 Month-41.79%
3 Month-52.35%
6 Month-75.29%
12 Month-91%
2 Year-93.9%
3 Year-97.17%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%14.61%
ATR Inc-36.5%
Range Today0.14
ADR(20)0.29
ADR(20)%13.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.91
Mansfield-7.86
10 Day High2.31
10 Day Low2.05
20 Day High4.17
20 Day Low2.05
52 Week High27.3
52 Week Low2.05
CS1 EndN/A
CR1 Start2.25
Volume & EV
DER(3)-0.85%
DER(5)1.5%
Volume209.40K
Volume Incr-97.68%
Vol(5)145.72K
Vol(50)3.44M