IO BIOTECH INC (IOBT) Technical Analysis
NASDAQ:IOBT • US4497781090
Current stock price
IOBT Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to IOBT. IOBT 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.
- 99% of all other stocks performed better in the past year than IOBT.
- IOBT is one of the lesser performing stocks in the Biotechnology industry. 89% of 519 stocks in the same industry do better.
- IOBT is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so IOBT is lagging the market.
- In the last month IOBT has a been trading in the 0.14 - 0.36 range, which is quite wide. It is currently trading near the lows of this range.
- IOBT has an average volume of 12220700 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.
IOBT Weekly and Daily overview Charts
IOBT Setup Rating and Analysis
IOBT has a poor technical rating and the quality of the setup is also 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
IOBT Support and Resistance Analysis
IOBT Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The short term trend for IOBT is down. |
| ChartMill Relative Strength | 1.34 | NEGATIVE | IOBT has a low relative strength, it was outperformed by 98.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IOBT is below 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) | DOWN | NEGATIVE | The current price of IOBT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.61 | NEUTRAL | The RSI value for IOBT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests IOBT has a positive trend. |
| Stochastics (14,3) | 29.26 | NEUTRAL | The Stochastics value for IOBT is a neutral value. |
| Average True Range in percent/ATR (20) | 16.14 | HIGH VOLATILITY | The high ATR as a percentage value for IOBT suggests high volalility. |
| Average Directional Index/ADX (14) | 34.48 | POSITIVE | The high ADX value value for IOBT suggests a strong trend. |
IOBT Chart- and CandleStick Pattern Analysis
IOBT Technicals: Chart, Performance Metrics, Trend & Indicators
0.205
+0.01 (+6.33%)
IO BIOTECH INC / IOBT TA FAQ
What is the ChartMill technical rating of IO BIOTECH INC (IOBT) stock?
ChartMill assigns a technical rating of 0 / 10 to IOBT.
Can you provide the trend direction for IO BIOTECH INC?
The current trend direction for IO BIOTECH INC (IOBT) is Bearish.
What is the RSI signal for IOBT stock?
IO BIOTECH INC (IOBT) has an RSI value of 37.6082. This indicates that the stock is currently neutral.
Can you provide the short term momentum for IO BIOTECH INC?
The short term momentum for IO BIOTECH INC (IOBT) is negative.