INHIBRX BIOSCIENCES INC (INBX) Stock Technical Analysis
USA - NASDAQ:INBX - US45720N1037 - Common Stock
81.66 USD
+3.15 (+4.01%)
80.1 USD
-1.56 (-1.91%)
Overall INBX gets a technical rating of 10 out of 10. 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!
When comparing the yearly performance of all stocks, we notice that INBX is one of the better performing stocks in the market, outperforming 99% of all stocks.
INBX is one of the better performing stocks in the Biotechnology industry, it outperforms 98% of 534 stocks in the same industry.
INBX is currently making a new 52 week high. This is a strong signal. 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 28.16 - 83.95 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although INBX has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
80.84
82.48
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 | 99.23 | POSITIVE | INBX has a high relative strength, it outperformed 99.23% 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) | 85.26 | OVERBOUGHT | The high RSI value suggests INBX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 4.8 | POSITIVE | The MACD value suggests INBX has a positive trend. |
| Stochastics (14,3) | 95.12 | OVERBOUGHT | The high Stochastics value suggests INBX may be overbought. |
| Average True Range in percent/ATR (20) | 7.54 | HIGH VOLATILITY | The high ATR as a percentage value for INBX suggests high volalility. |
| Average Directional Index/ADX (14) | 45.25 | 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)
81.66
+3.15 (+4.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg4.01%
1 Week42.54%
2 Weeks119.22%
1 Month129.06%
3 Month278.06%
6 Month572.1%
12 Month416.84%
2 Year427.86%
3 Year153.76%
5 Year379.23%
10 YearN/A
15 YearN/A
Volatility
ATR(14)7.65
ATR(20)%7.54%
ATR Inc36.91%
Range Today8.82
ADR(20)5.25
ADR(20)%6.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.23
3 months CRS99.54
6 months CRS99.51
Mansfield27.46
10 Day High83.95
10 Day Low28.16
20 Day High83.95
20 Day Low28.16
52 Week High83.95
52 Week Low10.81
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)3.25%
DER(5)2.81%
Volume481.20K
Volume Incr52.29%
Vol(5)802.06K
Vol(50)353.54K
INHIBRX BIOSCIENCES INC / INBX FAQ
What is the technical rating for INBX stock?
ChartMill assigns a technical rating of 10 / 10 to INBX.
What is the current trend direction of INHIBRX BIOSCIENCES INC (INBX) stock?
The current trend direction for INHIBRX BIOSCIENCES INC (INBX) is Bullish.
What is the RSI signal for INHIBRX BIOSCIENCES INC (INBX) stock?
INHIBRX BIOSCIENCES INC (INBX) has an RSI value of 85.2611. This indicates that the stock is currently overbought.
What is the short term momentum for INHIBRX BIOSCIENCES INC (INBX) stock?
The short term momentum for INHIBRX BIOSCIENCES INC (INBX) is positive.