IO BIOTECH INC (IOBT) Stock Technical Analysis
USA - NASDAQ:IOBT - US4497781090 - Common Stock
1.02 USD
+0.2 (+24.36%)
0.94 USD
-0.08 (-7.84%)
Overall IOBT gets a technical rating of 0 out of 10. IOBT'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.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
94% of all other stocks performed better in the past year than IOBT.
IOBT is part of the Biotechnology industry. There are 534 other stocks in this industry, of which 76% are performing better than IOBT.
IOBT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
IOBT has an average volume of 5779390 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month IOBT has a been trading in the 0.32 - 1.67 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of IOBT is bad and it also does not present a quality setup 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
1.01
1.99
When analyzing the resistance we notice 2 important areas.
- Resistance @1.82 from a trend line in the daily time frame.
- Resistance @1.97 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 IOBT is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IOBT is neutral. |
| ChartMill Relative Strength | 6.59 | NEGATIVE | IOBT has a low relative strength, it was outperformed by 93.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of IOBT is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IOBT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of IOBT is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.24 | NEUTRAL | The RSI value for IOBT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests IOBT has a positive trend. |
| Stochastics (14,3) | 84.35 | OVERBOUGHT | The high Stochastics value suggests IOBT may be overbought. |
| Average True Range in percent/ATR (20) | 15.38 | HIGH VOLATILITY | The high ATR as a percentage value for IOBT suggests high volalility. |
| Average Directional Index/ADX (14) | 22.75 | NEUTRAL | The ADX value for IOBT suggests a possible start of a new 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)
1.02
+0.2 (+24.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg24.36%
1 Week58.93%
2 Weeks98.21%
1 Month-36.25%
3 Month-50.49%
6 Month6.25%
12 Month-15.7%
2 Year19.03%
3 Year-58.7%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%15.38%
ATR Inc236.07%
Range Today0.28
ADR(20)0.1
ADR(20)%9.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.59
Mansfield-2.25
10 Day High1.03
10 Day Low0.47
20 Day High1.67
20 Day Low0.32
52 Week High2.79
52 Week Low0.32
CS1 EndN/A
CR1 Start1.82
Volume & EV
DER(3)-6.16%
DER(5)-2.08%
Volume8.33M
Volume Incr255.77%
Vol(5)17.58M
Vol(50)5.78M