Taking everything into account, INBX scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, INBX has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, INBX also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
75.45
When analyzing the support we can see 2 important areas.
- Support @81.53 from a trend line in the daily time frame.
- Support @76.21 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 | 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 | 99.54 | POSITIVE | INBX has a high relative strength, it outperformed 99.54% 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) | 58.5 | NEUTRAL | The RSI value for INBX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.08 | NEGATIVE | The MACD value suggests INBX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 51.08 | NEUTRAL | The Stochastics value for INBX is a neutral value. |
| Average True Range in percent/ATR (20) | 7.21 | HIGH VOLATILITY | The high ATR as a percentage value for INBX suggests high volalility. |
| Average Directional Index/ADX (14) | 33.67 | POSITIVE | The high ADX value value for INBX suggests a strong trend. |
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 |
|---|---|---|---|
| 94.48 | 81.52 | 12.96 (13.72%) | 7.29% |
| An entry @94.48. This is a Buy Stop order right above the 10 day high. | An exit @81.52. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 12.96 points, which is 13.72%. | For a 1.00% total portfolio risk, you can invest 7.29% of your capital in this trade. |
- 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.
86.13
+0.81 (+0.95%)
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 58.5028. This indicates that the stock is currently neutral.
What is the short term momentum for INHIBRX BIOSCIENCES INC (INBX) stock?
The short term momentum for INHIBRX BIOSCIENCES INC (INBX) is positive.
Can you provide the support and resistance levels for INHIBRX BIOSCIENCES INC?
INHIBRX BIOSCIENCES INC (INBX) has a support level at 81.53. Check the full technical report for our detailed analysis of INBX support and resistance levels.