INHIBRX BIOSCIENCES INC (INBX) Stock Technical Analysis
USA - NASDAQ:INBX - US45720N1037 - Common Stock
29.25 USD
+0.35 (+1.21%)
We assign a technical rating of 9 out of 10 to INBX. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, INBX is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
INBX is part of the Biotechnology industry. There are 538 other stocks in this industry. INBX outperforms 92% of them.
INBX is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month INBX has a been trading in the 24.27 - 30.23 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that INBX is one of the better performing stocks in the market, outperforming 95% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Volume is considerably higher in the last couple of days.
INBX has an excellent technical rating, but the quality of the setup is only medium 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
10.93
29.54
When analyzing the support we can see 4 important areas.
- Support @28.91 from a horizontal line in the weekly time frame.
- A support zone ranging from 27.42 to 27.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @26.53 from a horizontal line in the daily time frame.
- Support @11.04 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for INBX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for INBX is up. |
| ChartMill Relative Strength | 95.89 | POSITIVE | INBX has a high relative strength, it outperformed 95.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of INBX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of INBX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of INBX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.34 | NEUTRAL | The RSI value for INBX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests INBX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 41.67 | NEUTRAL | The Stochastics value for INBX is a neutral value. |
| Average True Range in percent/ATR (20) | 5.37 | HIGH VOLATILITY | The high ATR as a percentage value for INBX suggests high volalility. |
| Average Directional Index/ADX (14) | 37.83 | POSITIVE | The high ADX value value for INBX 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)
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 |
|---|---|---|---|
| 28.92 | 27.41 | 1.51 (5.22%) | 19.15% |
| An entry @28.92. This is a Buy Stop order right above the resistance zone. | An exit @27.41. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.51 points, which is 5.22%. | When investing 19.15% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of INBX. 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.
NASDAQ:INBX (9/24/2025, 11:37:29 AM)
29.25
+0.35 (+1.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.21%
1 Week8.77%
2 Weeks-2.32%
1 Month15.42%
3 Month100.28%
6 Month104.67%
12 Month86.21%
2 Year57.49%
3 Year61%
5 Year60.56%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.63
ATR(20)%5.37%
ATR Inc21.12%
Range Today1.2
ADR(20)1.55
ADR(20)%5.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.89
Mansfield5.88
10 Day High29.65
10 Day Low26.19
20 Day High30.23
20 Day Low24.27
52 Week High30.23
52 Week Low10.81
CS1 End27.68
CR1 Start28.91
Volume & EV
DER(3)1.4%
DER(5)-1.18%
Volume17.22K
Volume Incr70.36%
Vol(5)185.70K
Vol(50)114.00K